India’s outward FDI surges 49% in March: RBI data

The Reserve Bank of India (RBI) in its latest data on ‘Overseas Direct Investment’ has showed that India’s outward foreign direct investment (OFDI) commitments rose 48.68% to $3919.84 million in March 2024 as against $2636.42 million in March 2023. Sequentially, OFDI commitments were also up from $3,671.94 million in February 2024. According to the report, … Read more