Current Affairs - Economy - Discussion

According to Census on Foreign Liabilities and Assets of Indian Direct Investment Companies 2016-17, released by Reserve Bank of India (RBI) on January 19, 2018, Mauritius was the largest source of foreign investment (FDI) in India during 2016-17. This census provides comprehensive information on the market value of foreign liabilities (on account of FDI) and assets (on account of overseas direct investment, ODI and other investments) of Indian companies. Indian companies' investment in a foreign entity by way of contribution to the capital or subscription to the Memorandum of Association is referred to as ODI.