Searched for
SAUDI ARABIA REMITTANCES
Suez Canal sees oil tanker surge amid Strait of Hormuz disruptionEgypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of ...
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...
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...
Trump’s trap: The price Asim Munir must pay for American flatteryTrump’s push to expand the Abraham Accords has placed Pakistan in a sharp diplomatic bind, according to the report. After recent US engagem...
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...
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...
Pakistan faces fresh trouble as UAE expels thousands of workers amid rising tensions with Abu DhabiThousands of Pakistani Shia workers are reportedly being expelled from the UAE, straining already troubled relations. This follows a demand...
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...
Why Gulf NRIs are turning to Indian equities as real estate sees an exitGCC-based NRIs are increasingly favouring Indian equities over real estate, with 73% boosting exposure and many deploying fresh capital. Th...
Gulf NRIs are dumping real estate, and betting big on India’s stock marketGCC-based NRIs are shifting investments from Indian real estate to equities and financial assets, driven by geopolitical uncertainty and a ...
Saudi Arabia to expand pension and savings programme to foreign workersSaudi Arabia is set to launch a voluntary pension and savings programme, including foreign workers for the first time, aiming to boost hous...
With $78 billion, India still highest overseas remittance receiverIndia continues remains the top recipient of remittances, with its diaspora sending back $78.6 bn in 2018.
For every $1 billion remitted, 117 Indians die in 6 Gulf nationsThe embassies in Gulf countries have not been forthcoming in providing data under RTI on the number of deaths.
Saudi, UAE VAT to adversely affect majority of Indians: Former diplomatOf them, the lower middle class and middle class sections will get affected the most as they are already feeling the pressure on account of...
Low oil prices shrink Gulf jobs for Indians, hit remittancesRemittances to India from the Gulf countries fell 2.2% in 2015-16 from that a year ago to $35.9 billion, declining for the first time in si...
Saudi's Bank Albilad with Transfast to launch remittance servicesEnjaz, the remittance arm of Bank Albilad that offers remittance service in Saudi Arabia, has announced a strategic partnership with Transf...
India receives most remittance from Saudi ArabiaSaudi Arabia is the second most remittance sending country after the US and is estimated to have sent over $27.6 billion of outward remitta...
Saudi Arabia's 'Nitaqat' law may restrict remittances to Pakistan: ReportA number of people from foreign countries who were working without valid work permits and runaways have come under lens.
- India receives Rs 2.04 lakh cr remittances in Apr-Dec 2009
The country had received around Rs 2.34 lakh crore remittances from the Indian expatriates in the financial year 2008-09. Top 10 recipients...
- Saudi remittances a major source of income for India
Indian expatriates constitue one of largest foreign community in Saudi Arabia, making it major source of remittance. Most expensive cities ...