Increased repatriation by foreign investors caused net foreign direct investment to drop to $10.6 billion in 2023-24 from $28 billion the previous year. .While the government blames the global economic slowdown, experts say it needs to do much more on the policy front to attract greater investments.
Abhishek Sanyal joins Khaitan as the Chief Risk, Audit & Compliance Officer to spearhead the firm’s compliance and risk strategy, and Rohit Shukla comes on board as Chief Digital Officer.