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Indian officials see Iran war oil shock as disruptive as CovidIndia is drawing on its Covid-era playbook to cushion the economic blow from the Iran war, with officials warning the disruption to energy ...
The Rise of the Global IndianIndian wealth is crossing borders, shaping global markets and redefining how ambition and capital travel the world.
Standard Chartered Bank brings a suite of wealth solutions tailored for Non-Resident Indians (NRI)Are you searching for the perfect NRI wealth solutions? Check out how Standard Chartered Bank provides tailored wealth solutions for a seam...
Paytm Payments Bank leads UPI beneficiary chart; SBI biggest remitter in DecemberPaytm Payments Bank Ltd (PPBL) claimed to have become the first beneficiary bank in the country to achieve the landmark of over 926 million...
Standard Chartered launches digital solution to help businessesThe bank has a Trade GoDigital Solution, an integrated solution giving clients visibility of their export transactions so that they can dig...
Tech Mahindra partners Quantoz to offer Stablecoin as a Service to US banksTech Mahindra will help customers integrate Quantoz’s NEXUS platform into their legacy infrastructure, which will enable automated token, c...
Bangladesh: Henry Kissinger’s basket case is an economic success storyBangladeshi Prime Minister Sheikh Hasina who has provided political stability recently remarked that “by 2031, Bangladesh would be an upper...
StanChart Fined₹100 Crore for FEMA ViolationsThe probe was based on the communication sent by the RBI to investigate advance remittances received by certain entities for purchase of TM...
Unhedged importers at risk despite high forex reservesStrong rupee helps importers keep open positions; but volatility may step in if the Federal Reserve reverses quantitative easing.
No order against Caritas India: GovernmentThe government, which has been criticised for targeting NGOs, today said that there was no order against Caritas India
Wealthy Indians remit more than $1 billion abroad in FY11Indians are remitting money abroad at a frantic pace. Data by RBI show doubling, tripling — and in some cases, up to 30 times increase.
Gulf remittances up 30% as rupee slipsThe Gulf nations, which include Saudi Arabia, Oman, UAE, Bahrain, and Qatar, contribute 30% of India’s total remittances.
India receives $ 6.2 billion in remittances from UAEThe UAE's expatriate employees remitted 11 per cent more dirhams in 2010 that they did in 2009, official data has revealed.
- Standard Chartered launches online remittance facility
Standard Chartered Bank today announced the launch of its online remittance service Transfer2Home, as a part of its NRI services offering.
- Postal dept, 5-6 more banks to distribute New Pension System
To distribute the nascent New Pension System on a larger scale, interim pension regulator PFRDA is likely to rope in the postal department ...
- New UK rules for money transfer to India
The new Remittance Customer Charter ensures that money transfer cos commit to give clear, transparent information to the consumer. Biz week...
- Mobile driven remittances take off
Soon, customers will be able to transfer funds from their mobile phone to friends or relatives, bypassing other remittance routes like net-...