At the United Nations Conference on Trade and Development (UNCTAD), India jumped one place to the 7th position as the top recipient of foreign direct investment (FDI) in the last calendar year (2021).
Chinese technology conglomerate Tencent has bought a stake worth USD 264 million (about 2,060 crores) in Flipkart from its co-founder, Binny Bansal, through its European subsidiary.