Latest data from the U.S. Treasury Department showed that India's holdings rose to $117 billion in June from $114 billion recorded in May.
Among the BRIC grouping, only Brazil trimmed its holdings in June to $256.3 billion while Russia's rose to $72 billion. China too marginally increased its exposure during the same period. The United States, also the world's largest economy, saw its GDP grow 2.3 per cent in the three months ended June. "Real gross domestic product the value of the production of goods and services in the US, adjusted for price changes increased at an annual rate of 2.3 per cent in the second quarter of 2015," according to advance estimate released by the U.S. Bureau of Economic Analysis last month. Meanwhile, global economy is witnessing uncertain times and there are rising concerns about Chinese economic health while Europe is seeing a fragile recovery.