02 Apr 2020

Overseas investment by domestic firms stood at USD 2.37 billion in February 2020, as per RBI data. In the year-ago same period, companies in India invested USD 2.36 billion. In January 2020, domestic companies invested USD 2.23 billion in their foreign firms (joint ventures/wholly-owned units). Of the total investments in February this year, USD 1.16 billion was in the form of lo...