India's Outward FDI Jumps 17% to $5.7 Billion in July: RBI

India's outward foreign direct investment (FDI) increased 17% year-on-year to $5.70 billion in July, up from $4.88 billion a year earlier. This also marks a notable rise from the $3.14 billion recorded in June, according to provisional data released by the RBI.