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INDIA REMITTANCES 2024
Iran-Israel conflict puts UAE, Saudi Arabia's foreign workers under strainA protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like...- BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.
- Zelle to expand peer-to-peer payment service to India this yearZelle, a popular payment service, is set to launch in India later this year. This marks Zelle's first international expansion. The company ...
- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
- Exclusive | Is the India story over for FIIs? BofA says investors don't want to miss what's nextIndia's global equity market capitalization ranking has dropped to seventh as foreign investors shift focus to AI opportunities in Taiwan a...
- India, Oman trade pact to come into force from June 1; Check what's insideIndia and Oman's Comprehensive Economic Partnership Agreement, CEPA, begins on June 1. This pact offers Indian exports 100% duty-free acces...
- Is your mutual fund SIP secretly crushing the Indian rupee? Jefferies explains the bitter side of the storyIndia's strong mutual fund SIP culture is helping foreign investors exit the equity market. This is putting pressure on the Indian Rupee. J...
- Eurobank begins UPI-based remittances from GreeceEurobank has launched a UPI-based remittance service from Greece to India, enabling Indian customers to transfer money near-instantly at mi...
- Why CEA Anantha Nageswaran says India is facing a ‘Live Balance of Payments Stress Test’India faces significant external sector challenges due to rising oil prices, foreign investor exits, and a weakening rupee. Chief Economic ...
- India leads in global remittance inflows as overseas workforce and student migration growIndia maintained its position as the world's largest recipient of remittances in 2024, with inflows reaching $138 billion. This significant...
- India pushes for inclusive migration, stronger anti-trafficking laws at UNGAIn its pursuit of a more humane migration policy, India is developing a framework that embraces an inclusive ethos while confronting issues...
- Indian investments in US on rise, creating American jobs: OfficialIndian companies are investing significantly in the United States. Recent data shows USD 16.4 billion in foreign direct investment, creatin...
- India’s $138 billion money bank outside the border is getting harder to shakeThe resilience of India's remittance system has reached new heights, with money sent home now more equipped to withstand external shocks. A...
- 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...
- India’s trade map enters a world that’s threatened by missiles & bombsIndia's ambitious trade deals are now facing their crucial test. Agreements signed with countries like the UK and Oman are in transition. W...
- Global Market: Emerging markets face mounting economic pressure amid Iran war disruptionsThe Iran war's economic ripple effect is hitting emerging markets hard, two months on. Rising inflation, trade disruptions, and fiscal stra...
- International funds deliver up to 50% returns in a year, subscriptions halted. Should investors book profits or stay invested?International funds have delivered up to 50% returns in one year, supported by a global tech rally, rupee depreciation, and strong earnings...
- India–New Zealand sign 'once-in-a-generation' FTAIndia and New Zealand signed a “once-in-a-generation” free trade agreement on Monday that gives New Delhi duty-free access to 100% of tarif...
- India's economy projected to grow at 6.4% this year: UNIndia’s economy is projected to grow 6.4% in 2026 and 6.6% in 2027, according to a United Nations Economic and Social Commission for Asia a...
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