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REMITTANCE TRENDS 2025
SpaceX IPO: Indians queue up to invest more in US stocksSpaceX's blockbuster initial public offering has ignited significant interest among Indian investors in US stocks, with trading volumes on ...
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
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...
Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITRIndian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...
Why Indian investors are looking at space economy ETFs ahead of SpaceX IPO: Subho Moulik of Appreciate decodesIndian investors are eyeing the global space economy ahead of the SpaceX IPO. With no pure-play listed space companies in India, global ETF...
India considering several measures to stop CAD from widening further, says Piyush GoyalIndia CAD: India is watching the fluctuations in the global economy as policymakers deliberate on strategies to address the growing current...
Global turmoil tests India’s resilience; time for a strategic economic pivotIndia faces economic challenges due to global events. Prime Minister Modi urges careful resource use. The nation must boost foreign investm...
Will stablecoins replace Visa and Mastercard? $719 trillion forecast signals major shift in global payments by 2035Stablecoin forecast 2035 explained: Stablecoin transactions could hit $719 trillion by 2035. This surge is fueled by younger generations em...
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...
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...
India to lead South Asia growth at 7.6% in FY26, says World BankIndia will lead South Asia's economic growth. The World Bank forecasts India's economy to expand by 7.6% in FY26. The region's overall grow...
No slowdown in India's remittances as West Asia crisis fans growth, inflation risksIndia's central bank reassures that the West Asia conflict will not significantly affect money sent home by Indians abroad. Remittance sour...
Iran's Gulf attacks put India’s money flowing engine into one of the toughest testsIndia's essential remittance inflows are confronting an extraordinary obstacle. The intensifying turmoil in West Asia is fueling anxiety am...
FIIs sell Indian equities worth Rs 1.14 lakh crore in March; 2026 outflow balloons to Rs 1.27 lakh croreForeign institutional investors (FIIs) offloaded domestic equities worth Rs 1,13,810 crore in March, extending their selling trends amid th...
UPI transactions surge in 2025, daily average value crosses Rs 90,000 crore in August: ReportUPI transactions in India have surged in 2025, reflecting a significant expansion in both value and volume. Average daily transaction value...
Overseas spending by Indians drops to $2.3 bn in MayOverseas spending by Indian residents is declining, with May remittances falling to USD 2.3 billion, below both the FY25 and FY24 monthly a...
Diaspora remittances hit new record at $135.46 bn in FY25Overseas Indians remitted a record $135.46 billion last fiscal year. This marks a 14% increase from the previous year. India remains the to...
Outward remittances under LRS rise 8% in April 2025, led by travel spendingOutward remittances under LRS saw an 8% increase, reaching $2.5 billion in April 2025, driven by a surge in international travel spending, ...
The NRIs will be India's bulwark against global turmoilNRI remittances significantly bolster India's economy, acting as a crucial buffer against global volatility and trade deficits. Inflows rea...
Remittances grow 15% in Jan-June 2013 as Re fallsRemittances from non-resident Indians have grown thanks to the weakening rupee, according to officials in the business.