India’s Outbound Investment Surge Comes Under RBI Lens as Rupee Pressures Intensify
India’s overseas investment ambitions are increasingly colliding with a far more immediate macroeconomic concern: protecting the country’s external financial stability amid rising global uncertainty. The Reserve Bank of India’s foreign exchange department has reportedly begun intensifying scrutiny of overseas direct investments (ODI) by Indian corporates after outward investment outflows surged sharply to nearly $27 billion…