Rediff Logo
Channels:   Astrology | Contests | E-cards | Money | Movies | Romance | Search | Women
Partner Channels:    Auctions | Health | Home & Decor | Tech Education | Jobs | Matrimonial
Home > Money > PTI > Report
April 8, 2002 | 0107 IST
  Money Matters

 -  'Investment
 -  Business Headlines
 -  Corporate Headlines
 -  Business Special
 -  Columns
 -  IPO Center
 -  Message Boards
 -  Mutual Funds
 -  Personal Finance
 -  Stocks
 -  Tutorials
 -  Search rediff


 Secrets every
 mother should

 Your Lipstick

 Make money
 while you sleep.

 Bathroom singing
 goes techno!

 Search the Internet
 Sites: Finance, Investment
E-Mail this report to a friend
Print this page Best Printed on  HP Laserjets

Gujarat incidents will not affect FDI flow: Sinha

Union Finance Minister Yashwant Sinha on Sunday allayed fears that the Gujarat incidents would cast a shadow on prospective foreign investment flow into India.

At this moment of time, investors should bear with us and not run away from India, Sinha said on the sidelines of a seminar on combating terrorism in Delhi while reacting to queries of a decline in FDI in the wake of the Gujarat carnage.

Former finance minister and opposition leader Manmohan Singh had said that the Gujarat incidents would be a dampener to FDI flow into India in the coming months.

"After the September 11 terrorist attacks, the entire international community stood beside the United States. Even the World Economic Forum meeting was shifted from Davos to New York. The need of the hour for investors is to stand beside us and not run away," Sinha said.

More reports on the Gujarat violence

The Rediff Budget Special

Back to top
(c) Copyright 2000 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

Tell us what you think of this report