Outbound remittances rose slightly to $2.78 bn, even as H1 outflows stayed lower due to weaker education and family transfers ...
The primary source of remittance data on the international stage is the reports published by KNOMAD. KNOMAD (Global Knowledge Partnership on Migration and Development) is a branch of the World Bank ...
DUBLIN--(BUSINESS WIRE)--The "India International Remittance Market Business and Investment Opportunities - Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key ...
India’s current account deficit widened in the July–to-September quarter as US President Donald Trump’s 50% tariff hurt the country’s exports.
India's current account deficit decreased significantly to USD 12.3 billion in the September quarter, driven by a reduced ...
NEW DELHI, (IANS) – The inward remittances to India in 2023 increased by 12.3 percent to $125 billion from 111.22 billion in 2022, according to the latest data released by the World Bank. India’s ...
RBI fined Union Bank Rs 8.43 lakh for remittance and ATM-related lapses, as the bank appointed a new Executive Director and ...
Tucked deep in Donald Trump's sprawling "One, Big, Beautiful Bill Act" is a clause that could quietly take billions from money sent abroad. It proposes a 3.5% tax on remittances sent abroad by foreign ...
India’s central bank has directed SBM Bank India to stop all outward remittance transactions in a blow to the bank and many of its fintech partners that offer services allowing users to invest in ...
The extensive Indian diaspora will help the South Asian country reach a special milestone this year. Asia’s third largest economy is on track to receive more than $100 billion in yearly remittances in ...
The bank has also asked users not to invest any fiat currency that may have links to previous cryptocurrency investments. India’s stance on crypto adoption has been a gray area ever since the birth of ...
India's current account deficit moderated in the July-to-September quarter on the back of a lower merchandise trade deficit, ...