India's FDI inflows rise to $30.7 billion in Q1

India is a big country that many companies around the world want to put money into.

When foreign companies invest directly in India, it is called foreign direct investment.

In the first three months of the new financial year, these investments grew to $30.7 billion.

That is more than the $26.7 billion invested during the same time last year.

The head of India's central bank, the Reserve Bank of India, shared these numbers in a statement on Wednesday.

Money from foreign investors in shares and bonds also started coming back in June and July.

However, India is buying more goods from other countries than it sells, so its trade gap got bigger.

This is partly because of expensive imports like crude oil, electronics and gold.

The central bank says India still has a large reserve of foreign money to protect it.

It expects the country's overall financial position to stay healthy this year, though rising oil prices are a risk.