Lekshmi Nair – The global financial crisis is now hitting countries all over the world. Because of the crisis, there has been significant decline in the prospects for conducting international business and foreign direct investment (FDI) in many countries. Many industries that were very good performers historically have got affected by the decline in FDI flows. The most affected industries to date are the financial services and manufacturing industries including automotive industries, building materials, intermediate goods and some consumption goods.  Read the rest of this entry »