<h1>India's Net International Investment Position Climbs to $62.45B in June 2007, Boosted by Capital Inflows and Investments.</h1> The Reserve Bank of India reported an increase in India's net International Investment Position (IIP) to US$ 62.45 billion at the end of June 2007, up from US$ 46.95 billion in March 2007, driven by substantial capital inflows including external commercial loans. Reserve Assets rose by US$ 14.17 billion, and Direct Investment Abroad increased by US$ 5.42 billion. External financial liabilities saw growth in Portfolio and Direct investments by US$ 14.32 billion and US$ 10.69 billion, respectively. The share of non-debt liabilities in total external financial liabilities rose to 49.1% due to increased direct and portfolio investments.