US, UK, Singapore top India's inbound and outbound investment flow in FY23
Manufacturing sector continues to attract the largest share of FDI equity, both at market value as well as at face value, shows a RBI analysis
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PhonePe users can now use UPI in Singapore, U.A.E., others
Fintech giant PhonePe launches international payments on UPI.
Singapore top source for FDI inflows into India
India received 27.01% of FDI inflows from Singapore, followed by 17.94% from the US in FY22.
Will Mauritius regain the tag of India’s top investor?
Mauritius last week got the ‘eligible country’ status from India. Investment entities from the island country can register with SEBI as category–1 FPIs with less stringent KYC requirements.
