Live
- Mulugu: People want liberation from PM Modi, says Seethakka
- Vettori wants SRH to change its approach in chasing the target
- Ganguly bats for Axar, Pant's inclusion in T20 WC squad
- Khammam: BJP, Cong are anti-BC, alleges MP Ravichandra
- Narine-Salt's record opening partnership takes KKR to 261/6
- Deepika storms into individual semis
- Google Pixel 8A Leak: Seven Years of Security Updates Revealed
- Anoushka Shankar to get honorary degree by Oxford University, calls it ‘pinch-me moment’
- Beauty addicts can now get Kylie Cosmetics in India
- BRS will bounce back, says KTR on party formation day
India's outward FDI rises to $3.05 billion in Feb
India's outward foreign direct investment (FDI) commitments rose by 7.8 per cent to $3.05 billion year-on-year in February 2024, compared to $2.83 billion in February 2023, according to the latest data released by the RBI on Monday.
Mumbai : India's outward foreign direct investment (FDI) commitments rose by 7.8 per cent to $3.05 billion year-on-year in February 2024, compared to $2.83 billion in February 2023, according to the latest data released by the RBI on Monday.
However, sequentially, the figure jumped by 38.4 per cent from $2.19 billion in January 2024, the figures showed. Outbound FDI, expressed as a financial commitment, comprises three components -- equity, loans, and guarantees.
The equity commitments declined to $502.13 million in February 2024 from $776.79 million in February 2023. It was also lower than the $764.29 million recorded in January 2024.
The loan commitments declined to $251.08 million in February 2024 from $334.75 million in February 2023 and $306.59 million in January 2024. The guarantees issued during February 2024 jumped to $2.72 billion from $1.72 billion in February 2023 and $2.19 billion in January 2024.
