The recent rise in remittances to India from West Asia is being driven less by prosperity than by fear, as migrant workers send precautionary transfers amid rising uncertainty. #remittance Read more »
Surging remittances and services exports helped India keep its current account deficit (CAD) under check despite weak merchandise trade. #CAD #deficit #trade #economy Read more »
#India receives record $125 billion #remittances this year, but the inflows may taper due to global #inflation and low #growth prospects. Read more »
As India witnesses a 50% surge in outward remittances, driven by factors such as the revised tax regulations and increased investments, the landscape of financial flows takes a new shape. #remittances #LRS... Read more »
There is a visible shift in the remittances pattern – while the Gulf countries remain a major source, the inflow from high-income countries in the West such as the US, UK, Japan,... Read more »
If the 2008 crisis is anything to go by, the next few months will see 2-2.5 lakh people returning from abroad. Read more »