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FDI proposals drop after multi-brand flip flop
The value of foreign investments sought in December 2011 dropped to a fourth of those in November 2011. That’s quite a contrast with the continuous increase in the value of FDI proposals reaching the Foreign Investment Promotion Board (FIPB) in the finance ministry after July 2011. This may not be coincidence, point out analysts, as the level of FDI requests fluctuated with some key policy announcements. Analysts
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