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INDIAN OUTWARD REMITTANCES
Reeling rupee drags students abroad deeper into debt at homeA weakening rupee is causing significant financial strain for Indian students pursuing education abroad. Loans sanctioned earlier are now i...- Rupee slide pushes overseas students back to lenders for top-up loansA significant rupee depreciation has forced Indian students studying abroad to seek top-up loans from lenders, as initial loan amounts fall...
- Overseas travel spending by Indians falls to $1.09 billion in MarchIndians’ spending on overseas travel fell to USD 1.09 billion in March from USD 1.3 billion in February, according to RBI data on outward r...
- LRS outflows up over 10% in March led by travel demandIndians sent $2.59 billion abroad in March 2026 via the Liberalised Remittance Scheme. This marked a 10.9% increase from the previous month...
- As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
- High costs pull India Inc's foreign borrowing down 51%The rupee ended fiscal 2026 as the worst performer in Asia against the US losing close to 10% of its value in a year marked by record exits...
- India's gold loan market has huge potential, there's lot of idle metal: George Alexander MuthootThe rise in prices will add to the growth momentum as it will give more borrowing power to those who are pledging gold. The uncertainties w...
- ECB filings halve to USD 5.43 billion in March: RBIIndian companies and lenders saw foreign borrowing filings drop significantly in March. This reduction occurred amidst global financial mar...
- Rupee's rough patch worsens on oil, outflow strain; central bank likely steps inThe rupee and other currencies of oil-importing countries have been among the hardest hit following a near 50% surge in Brent crude prices ...
- Titan, Kalyan Jewellers & other gold stocks tumble up to 14% in two days after PM Modi's appeal. What lies ahead?Gold jewellery stocks including Titan, Kalyan Jewellers and Senco Gold fell up to 14% in two sessions after PM Modi urged citizens to reduc...
- Rupee hits record low of 95.55 as fraying US-Iran ceasefire keeps oil prices on the boilThe rupee has reached its lowest point ever against the US dollar. This decline is driven by investor concerns over escalating conflict in ...
- Central banks look through inflation until entrenched, no evidence of second-round effects: Dy Gov Poonam GuptaThe Reserve Bank of India is navigating global economic hurdles and geopolitical tensions. Deputy Governor Poonam Gupta explains the centra...
- How UPI can make India an architect of global financial connectivityIndia's triumph with UPI in digital payments is on the brink of revolutionizing cross-border money transfers. The goal is to enhance the sp...
- Outward remittances under LRS flat at $2.36 billionIndians sent $2.36 billion abroad in October under the Liberalised Remittance Scheme. Travel spending was $1.35 billion. Investments in equ...
- Outward remittances down to $2.3 billion in May: RBI BulletinOutward remittances from India reached $2.3 billion in May, according to recent bulletin data. Travel expenses constituted the largest port...
- LRS outflows fall sharply in October after TCS regime takes effectRemittances down 37% over September; shift to credit-card spending for international travel likely. In October, outward remittances under t...
- Outward remittances slows down during the pandemicBesides, spends on travel, studies and maintenance of relatives abroad which comprise bulk of the outflows, it also includes overseas inves...
- Outward remittances of education, travel on the riseOutward remittances during 2008\09 totalled $808 mn of which education and travel together accounted for outgo of $436 mn. 'Stimulation eff...
- Jittery Indians cut outward remittancesIndians who had slowly started investing in overseas debt, equity and real estate have turned on their tracks mid-Sept. NRI Taxation I Remi...
- RTGS trips up on banks’ inward remittance feesThe decision by large banks to cha rge fees on inward remittances has emerged as a stumbling block to developing the real time gross settle...
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