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FOREIGN REMITTANCES TO KERALA
India's job engine strains as Iran war hits remittances and tradeThe Middle East conflict is impacting India's economy by forcing migrant workers home and reducing demand for manufactured exports. This do...- India scrambles to steady rupee as oil shock bitesIndia is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten to disrupt the world's fas...
- Customers unsure about making house help apps a habit even as investors fall for the crazeQuick commerce is transforming domestic help hiring in India. New apps offer on-demand house help, attracting investor attention. These pla...
- Congress high command puts Kerala CM race on ice, warns against public lobbyingCongress leaders met senior Kerala party members. They stressed that public demonstrations and lobbying for the chief ministerial candidate...
- Foreign remittances to Kerala stay resilient despite West Asia crisisMoney from non-resident Indians to Kerala remains strong. Banks like Federal Bank and South Indian Bank show growth in deposits. This inflo...
- Kerala: CM race spills onto streets, social media as supporters rally behind contendersSupporters of V D Satheesan, K C Venugopal, and Ramesh Chennithala are actively campaigning for their leaders to become Kerala's next Chief...
- BJP’s Kerala strategy: Betting on select pockets to force a three-corner contestBJP Kerala Elections Strategies: Bharatiya Janata Party is intensifying its electoral push in Kerala. The party is focusing on select const...
- BJP’s Kerala strategy: Local faces, development pitch & high-stakes bid to break the two-front political systemBJP Kerala Elections Strategies: The BJP is intensifying its election campaign in Kerala. The party focuses on specific constituencies and ...
- Banks should shift exposures from vulnerable MSMEs, lay-off-exposed retail borrowers: EYBanks must act on early risk signals amid the West Asia war. EY suggests shifting exposure from vulnerable small businesses and retail borr...
- Kerala polls: Parties battle to turn state from 'departure lounge' into destinationAs Kerala gears up for Assembly polls, migration emerges as a key election issue. Expatriates like Roy George highlight the significant sal...
- Top World Bank economist explains the impact of coronavirus on foreign workersAs lockdowns have shut banks and money-transfer offices, marooned migrants couldn't send money home.
- Kerala, Maharashtra, Karnataka & Tamil Nadu get 60% of total remittance in FY17Nearly 82 per cent of the total remittances received by the country originated from eight countries - the UAE, US, Saudi Arabia, Qatar, Kuw...
- NRK remittance till June stood at Rs 1.42 lakh croreMore than 2.5 million Keralites living outside the country contribute 40 per cent of state's Gross Domestic Product (GDP), he said during t...
- India's forex reserves adequate to tackle Brexit impact: RBIRBI Regional Director, Thiruvananthapuram said, "India's forex reserves of more than $360 bn would be adequate in managing effects of Brexi...
- Total foreign remittance to Kerala worth Rs 72,680 croreThe total foreign remittance to Kerala, mainly from those working in Gulf countries, stood at Rs 72,680 crore in 2013-14, according to a su...
- Federal Bank expects Rs 32,000 crore NRI remittances in FY14The bank has already hiked the interest rates for three year NRE deposits to 9.5 per cent from 8.75 per cent.
- No service tax to be implemented on NRI remittances: GovernmentThe clarification follows concerns over reports that there was a move to levy 12% tax on money sent back home by Indians abroad from July 1.
- Punjab seeks withdrawal of proposed tax on NRI remittancesPunjab CM Parkash Singh Badal asked Prime Minister Manmohan Singh to immediately withdraw any proposal to impose 12.36 per cent tax on remi...
- No service tax on remittances to India by NRIs: PM to ChandyPrime Minister Manmohan Singh has dismissed reports of any plan to bring under the service tax ambit foreign remittances by overseas Indian...
- Weakening Re has Kerala banks, expats smilingState Bank of Travancore, the market leader in Kerala in non-resident deposits, had Rs 9,324 cr in NRI deposits at the end of September. Fo...
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