Foreign investors pull out $16 bn from India: report

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Foreign investors pull out $16 bn from India: report

May 20, 2020 11:37 IST

Foreign investors have pulled out an estimated $26 billion from developing Asian economies and over $16 billion out of India, a latest Congressional report has said. This leads to increasing concerns of a major economic recession in Asia, Congressional Research Center said in its latest report on global economic effects of Covid-19.

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