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EMIGRANT BANK
Private banks receive larger share of remittances by NRIs“Flows from North America and Europe are primarily driven by individuals operating in the services sector and hence depend on macroeconomic...
Conned by agents: 1 complaint a day from Indians abroadMEA data shows the government received 1,962 complaints from students or workers between 2016 and 2020; this number accounts for nearly 70%...
View: Govt's positive attitude towards emigration and remittance flows can serve India's long-term national interestInstead of the current piecemeal approach, a coherent institutional framework, and more active policy attention, are warranted to strengthe...
This CEO is on a mission to create global citizensOver the last two decades, DU Digital Global’s Shivaz Rai has worked relentlessly to cater to the migration and business needs of executive...
Lockdown in India has impacted 40 million internal migrants: World BankAccording to the report -- 'COVID-19 Crisis Through a Migration Lens' -- the magnitude of internal migration is about two-and-a-half times ...
Indian workers in Gulf down by half since 2015There has been a steady decline over the past few years and the recent immigration policies adopted by Gulf countries are a mixed bag for I...
167 Indian fishermen in Pakistan, Sri Lankan jails: GovernmentAs on date, 20 fishermen are in Sri Lankan custody, while another 147 are in Pakistani jails, Minister of State for External Affairs V K Si...
Remittances to Kerala hit as Gulf crisis simmersThe simmering crisis in the Gulf region, an impact of plummeting oil prices and global economic woes, is sending ripples across the seas to...
China's rich seek emigration rights: Survey"Chinese HNWIs are seeking risk diversification in different markets," said Jennifer Zeng, Bain partner in Beijing and co-author of the rep...
Banks jittery over dip in flows from Gulf, NitaqatFew hundred workers have come back from Saudi Arabia and only 81 have registered with Non Resident Keralites’ Affairs help desk in the Kozh...
India received $66.13 billion in remittances in 2011-12The remittances to the country through private transfer of funds have been on the rise in the last few years.
- Enrolment centre for pension and insurance scheme for Overseas Indians opened
Designed for Overseas Indian workers in 'Emigration Check Required countries, the scheme aims to encourage and enable the workers.
- Vayalar Ravi asks Indian workers in Gulf to avail pension plan
Overseas blue collar Indian workers in the Gulf region have been asked to avail benefits of the recently launched Pension and Life Insuranc...
- Savers pay US banks to keep cash as rates dip
Average interest on savings, checking, money-market and certificate of deposit accounts fell to 0.99% in July, the first decline below 1% i...
India set to reap benefits of demographic shift in WestMinistry of overseas Indian affairs secretary K Mohandas speaks to ET on the EU’s changing demographic mix and the opportunity for India’s ...
- Forex remittance limit raised to $100,000
Emboldened by the surge in dollar inflows and a strengthening rupee, the Reserve Bank of India has raised the foreign currency limit on rem...
- NRIs can transfer funds for education, health
The Reserve Bank of India has further liberalised exchange control regulations, allowing non-resident Indians and Persons of Indian Origin ...