For the best experience use inshorts app on your smartphone
India's outward FDI drops nearly 50% y-o-y to $3.39 bn in April
short by Ananya Goyal / on 10 May 2022,Tuesday
India's outward foreign direct investment (OFDI) nearly halved to $3.39 billion in April on an annual basis, data released by the Reserve Bank of India (RBI) showed. In comparison, the OFDI stood at $6.71 billion in April 2021 and $3.44 billion in March 2022. The equity component in April was $544.87 million and loans amounted to $764.25 million.
short by Ananya Goyal / 10:53 pm on 10 May
For the best experience use inshorts app on your smartphone