Foreign Direct Investment (FDI) in the food processing sector declined 57 percent to USD 393.4 million (around Rs 2,926 crore) in 2020-21 as compared to the previous year, the government said on Tuesday. In a written reply to the Lok Sabha, Minister of State for Food Processing Industries Prahlad Singh Patel said the FDI policy and data are the under the purview of the Department for Promotion of Industry and Internal Trade.

The government on Tuesday confirmed that a French court has ordered the freezing of certain Indian assets in Paris on a petition by Britain's Cairn Energy, which is seeking to recover USD 1.72 billion from New Delhi after winning an arbitration against retro tax.

Aditya Birla Sunlife AMC has put out their annual trendspotting report where they highlight five big themes for the future. These are manufacturing, digitalisation, sustainability, real estate and the mid & small cap revival.

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