Mumbai, July 22 -- An article by the Reserve Bank of India (RBI) on Wednesday said the recent recovery in foreign investment shows a revival of confidence in the Indian economy.

The article, State of the Economy, written by central bank executives and published in its July bulletin, carried the usual disclaimer that views expressed are those of the authors and do not represent those of RBI.

"The gross and net foreign direct investment (FDI) were higher in April-May 2026 than the previous year. Net foreign portfolio investment (FPI) flows turned positive in June and maintained positive flows in July amidst policy support and easing geopolitical tensions," it said.

While net FDI stood at $6.5 billion in April-May, it was $2.5 billion in ...