Indian companies had invested $1.47 billion in their overseas ventures in the same month a year ago
The new rules enforce reforms Congress enacted in 2018 amid heightened concern about Chinese economic espionage, although officials said the measures do not target any one country
Canada has become a favoured destination for Indians after the US tightened immigration rules
Govt ministries asked to submit their policies and incentive structures for Invest India, luring companies affected by US-China dispute.
At current interest rates, the earnings yield for a portfolio that mirrors the broad-based BSE 500 index exceeds the US treasury yield by 48 basis points, which is the highest in a year
In June 2018, domestic firms invested in $2.07 billion in their ventures located out of India