Record rise in foreign investment by Indians
New Delhi: Massive increase in Indian investment in foreign stocks and real estate. According to RBI data, Indians invested $2.1 billion abroad last year.
The amount invested in each asset has increased dramatically. On a 12-month basis, December saw a record increase.
In December of last year, Indian investment in stocks and bonds reached a new high of $969.5 million. Investments totaled $119.58 million in December alone. This surge is being driven by investment interest in foreign stocks.
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