Tag: Startup funding

Foreign Direct Investment (FDI) into India recorded 30 per cent decline in rupee terms and 34 per cent decline in dollar terms, compared to the same period last year, as an uncertain global environment and rising cost of finance hurt investors. The fall was broad based across States. But the larger States — Gujarat and Karnataka — saw foreign investments decline by 76 per cent and 44 per cent, respectively. FDI inflows into Gujarat fell to ₹5,993 crore in Q1 FY24 from ₹24,692 crore in the same quarter of...