India is expecting a healthy flow of foreign direct investment (FDI) during the current year on the back of renewed interest of overseas investors.

Terming corruption and frauds as a worldwide menace, Union Minister Anand Sharma has said it was unacceptable to single out India and other developing economies for these issues, as he assured the global investors of New Delhi's commitment to an institutional mechanism to address these concerns.

Enthused by the improving global economic scenario and a renewed wave of reforms back in India, IT giant Infosys says it is bullish over better growth prospects of the IT sector in 2013, and expects greater job creation this year.