Breaking News
Home / Ministries / Other Ministries / India remains the hottest destination for FIIs

India remains the hottest destination for FIIs

  • India continues to remain at the top spot in attracting investments from foreign institutional investors.
  • FIIs invested a whopping sum of $6.34 billion in Indian equities so far this year which is the highest among emerging markets. Next to India is Mexico attracting investment of $4.83 billion, followed by Brazil $4.63 billion, South Korea $4.40 billion and Taiwan $3.34 billion.
  • IMF and World Bank forecasted India’s growth rate at 7.5% this year. World Bank predicted a GDP growth rate of 8% for India by 2017.
  • The forecasts indicate that India will outpace China this year to become world’s fastest growing major economy and the gap will further widen in 2016.

About The Indian Iris

Just like an iris controls the light levels inside the eye making it possible for us to see the outside world, The Indian Iris aims at shedding light on the ongoing political affairs, policies and schemes of the Government of India (GOI) and those of the State Governments.

Leave a Reply

Your email address will not be published. Required fields are marked *