Investing In Global Markets

India is always known to be a savings nation, our savings to GDP is around 30 per cent in 2019, though it has gradually declined from 36 per cent in 2007- to give a perspective, most of the European nations hover around 3-15 per cent and the US is at 2.6 per cent. Given this backdrop and the fact that the flow of information globally is almost in real-time, cross-border investing across asset classes has been of interest especially for the upwardly mobile Indians. Resident Indians, invested $18.75 bn under the Liberalised Remittance Scheme (LRS), for 2019-20. However, unlike domestic investing, there are certain restrictions in global investing as it involves the selling of precious foreign exchange, which is a strategic resource of the nation.