Budget 2024 expectations: Union Budget 2024 is fast approaching, and Finance Minister Nirmala Sitharaman is expected to introduce more liberalized norms for foreign investments, as Foreign Direct Investments (FDIs) play a crucial role in the Indian economy's growth prospects. Net FDI inflow in the fourth quarter stood at $2.0 billion, down from $3.9 billion in the third quarter and $6.4 billion in the same period last year.
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