Current account deficit seen at 1.2-1.3 pc of GDP in FY18: Icra

CAD increased to USD 14.3 billion, or 2.4 per cent of GDP in the first quarter of the current fiscal.

India's FDI inflows will rise to 2.5 per cent of GDP in 5 years: UBS

FDI into India nearly doubled over past decade to $42 billion, which was 1.9 per cent of GDP in FY17.

According to the figures of DIPP, India had received USD 7.59 billion FDI during April-June 2016-17.

Essar Oil-Rosneft deal is the largest foreign direct investment (FDI) into the country till date.

FDI into the country grew 9 per cent to USD 43.47 billion in 2016-17.

Country had received total 515.49 crore FDI in the agriculture sector during the 2016-17

Meeting assumes significance as government is considering relaxing FDI norms in several sectors.

Due to FDI, demonetisation and real estate bill there was a fall in business.

On the status of FDI in the state, Palanisamy said TN attracted Rs 1.25 lakh crore of FDI between May 2011 and December 2016.

A suitable mechanism may also be proposed by Cabinet to deal with FDI in sensitive sectors.