India’s Outward FDI Hits $3.7 Billion in October 2024 India’s outward Foreign Direct Investment (FDI) has reached an impressive $3.7 billion in October 2024. This marks a significant milestone in the country’s growing influence in global markets. The FDI inflow reflects the confidence that Indian businesses have in expanding their footprint across the globe, particularly…
India’s Foreign Kitty Reaches All-Time High at $689.24 Billion Introduction: India’s foreign exchange reserves, often termed as the “foreign kitty,” have reached a fresh record high of $689.24 billion. This remarkable achievement is being hailed as a significant milestone in India’s financial growth, providing a buffer against economic uncertainties and fostering stability in the country’s…
Foreign inward remittance : India Receives Highest Ever Foreign Inward Remittances in a Single Year of $89,127 Million in FY 2021-22 India has received a record-breaking amount of foreign inward remittances in the financial year 2021-22. According to data from the Reserve Bank of India (RBI), the country has received a total of $89,127 million…
Forex Reserves at $562.9 Bn, Fall by $70 Bn in 2022 India’s foreign exchange (Forex) reserves fell by $70 billion to $562.9 billion in the week ended March 25, 2022, due to a decline in foreign currency assets (FCA). FCA, which is the largest component of reserves, fell by $68.6 billion to $521.7 billion during…
