GDP to decelerate in 2025, RBI to cut rates soon: Goldman Sachs
It forecast India's headline inflation at 4.2 per cent (average) in 2025 with food inflation at 4.6 per cent.
India’s outward foreign direct investment (FDI) commitments rose by 7.8 per cent to $3.05 billion year-on-year in February 2024, compared to $2.83 billion in February 2023, according to the latest data released by the RBI on Monday.
However, sequentially, the figure jumped by 38.4 per cent from $2.19 billion in January 2024, the figures showed.
Outbound FDI, expressed as a financial commitment, comprises three components — equity, loans, and guarantees.
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The equity commitments declined to $502.13 million in February 2024 from $776.79 million in February 2023.
It was also lower than the $764.29 million recorded in January 2024.
The loan commitments declined to $251.08 million in February 2024 from $334.75 million in February 2023 and $306.59 million in January 2024.
The guarantees issued during February 2024 jumped to $2.72 billion from $1.72 billion in February 2023 and $2.19 billion in January 2024.
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