Sometimes a tiny number tells a big story. At $353 million in 2024-25, net foreign direct investment (FDI) is one such number. Defined as gross foreign investment inflow minus funds repatriated by foreigners and investments made abroad by Indian nationals, net FDI has plummeted to one-seventh of the previous lowest amount in the last quarter... See more
Ashoka Mody • India’s Growth Story Unravels: FDI Collapse, Manufacturing Lag, and the GDP Illusion
A weakened India is trying to make friends with China again. It has already failed twice