New Delhi, June 23 (IANS) India’s outward foreign direct investment has rebounded strongly since the COVID-19 period, in contrast to the world where outward FDI is contracting, a report said on Tuesday.The report from Bank of Baroda said outward FDI climbed sharply to $42 billion in FY25 from $25 billion in FY24 and retained momentum at $47 billion in FY26, underscoring a steep U‑shaped recovery since COVID-19 period.Indian companies are increasingly seeking direct ownership through FDI, and…
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New Delhi, June 14 (IANS) There is 80 per cent likelihood of an El Nino event during the June–August period and probabilities for this, to continue until at least November, are near or above 90 per cent, according to a new report. However, the reservoir level is more than normal storage (till June 11) in the country and the arrivals statistics of vegetables are also satisfactory.“Only coming days will tell us whether the supply conditions are sufficient from any incipient shock from food and…
New Delhi, Jan 2 (IANS) In order to help insulate the output loss on account of higher US tariff rate, India’s export profile has seen a case of frontloading and re-routing of exports following the changing tariff environment, a report showed on Friday.India’s export basket is undergoing a structural shift in response to 50 per cent US tariffs and the absence of a formal trade deal.For marine products, significant increase in share of exports is observed for countries such as China and Thail…