Newsbite
India

India's Net Foreign Direct Investment Remained Positive At 3.3 Billion Dollars

Pooja ReddySource: thehindu.com
Updated 2d ago
India's Net Foreign Direct Investment Remained Positive At 3.3 Billion Dollars
India's Net Foreign Direct Investment Remained Positive At 3.3 Billion DollarsSource: thehindu.com
Text size

India’s net foreign direct investment remained positive for the third consecutive month in August 2026, reaching 3.3 billion dollars. According to Reserve Bank of India data, total inflows jumped nearly 68% year-on-year to 11.1 billion dollars, while outward investments by Indian firms fell to 1.9 billion dollars. The United States, Singapore, and Mauritius contributed around 72% of inflows, with communication, manufacturing, and miscellaneous services receiving most funds.

Read next

India

Mumbai Cyber Cell Arrests Duo For Rs 26.5 Lakh Fraud

The Mumbai Cyber Cell has arrested a father-son duo, Atul Gaikwad and Vineet Gaikwad, for allegedly helping cybercriminals cheat a 55-year-old Malad textile merchant of Rs 26.5 lakh. Fraudsters posing as CID officers threatened the merchant with arrest by falsely linking his Aadhaar card to a terror-related money laundering case. Fearing action, the merchant transferred the money to a bank account managed by the duo, who provided account details to scammers for a commission.

Read story

More to read

More reporting from Newsbite

All stories