December 2016 Current Affairs

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India may surpass China in attracting FDI: Nomura

India may surpass China in attracting FDI: Nomura
27 April 2016 Current Affairs: The Japanese financial services firm, Nomura in the last week of April 2016 announced that India may surpass China in attracting Foreign Direct Investment (FDI) in 2016, in terms of percentage of its GDP, as the gap in inflows between the two has been narrowing. The firm also mentioned that the gap is narrowing due to ongoing reforms in India.According to Nomura, the trend of rising inflows to India and moderating inflows to China began in 2013 and FDI inflows to India can surpass those into China in 2016. It is because India already has large investment commitments from MNCs in sectors like electronics, solar energy, auto, defence and railways.

Highlights of Nomura's research report : FDI inflows to India raised from 1.7 per cent of GDP in 2014 to 2.1 per cent in 2015. China had 2.3 per cent of GDP in 2015.These trends of rising inflows to India and moderating inflows to China are likely driven by a mix of pull and push factors, such as divergent growth outlooks, ongoing FDI liberalisation or economic reforms in India and rising labour costs in China. FDI inflows not only provide a stable source of financing the Current Account Deficit (CAD), but also bring in technical know-how, which can boost India's productivity growth in the near future.

Nomura Group : Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries.In October 2008, Nomura Holdings, Inc. acquired Lehman Brothers Holdings's investment banking and equities unit in Asia and Europe and kept on most of its employees.


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
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October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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