Direct investment into country rises by 19 billion US dollar: RBI

Reserve Bank of India today said, direct investment into the country rose by 19 billion US dollar while portfolio investment declined by 13.7 billion dollar during 2019-20. According  to the data on the International Investment Position,IIP released by RBI today stated that international financial assets of Indian residents increased by 73.9 billion dollar due to the rise in reserve assets and overseas direct investment by 64.9 billion dollar and 13.0 billion dollar, respectively. It said that t...