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CROSS BORDER OUTWARD REMITTANCES
Pakistani airstrikes in Afghanistan kill at least 13 people, including childrenAmidst rising tensions, Afghanistan has denounced Pakistan for reportedly executing lethal airstrikes across the border, with reports confi...- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
- India, Nepal launch UPI-NPI linkage for real-time cross-border remittancesIndia and Nepal have unveiled a direct payment link between their respective UPI and NPI systems, revolutionizing cross-border remittances....
- Citi leverages AI to transform payments, boost efficiency and enhance cross-border transactionsCiti is leveraging AI to revolutionize its payments business, enhancing developer efficiency by up to 40% and streamlining complex cross-bo...
- 'Our India policy starts with a clean slate and shared economic goals'Nepal's Foreign Minister Shishir Khanal is visiting India to foster stronger ties. The new Nepali government prioritizes good governance an...
- Someone will define India's export excellence in 2026. Make sure it’s youWith India's exports hitting record highs, the Payoneer India Cross-Border Excellence Awards give the businesses driving that rise a stage ...
- Govt to establish impregnable border grid with smart border project: Amit ShahIndia is set to enhance its border security with the 'Smart Border Project'. Union Home Minister Amit Shah announced the initiative, which ...
- India reaffirms 'abeyance' of Indus Waters Treaty amid sustained regional tensionsIndia maintains the Indus Waters Treaty remains suspended. This decision follows Pakistan's alleged support for cross-border terrorism. The...
- RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...
- Global Market: Hong Kong financial stocks tumble as China tightens capital outflow controlsHong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face ...
- India tightens checks on overseas flows as currency pressure mounts, sources sayIndia's central bank and markets regulator are intensifying scrutiny on overseas investments by firms and family offices, issuing multiple ...
- Decentro secures final payment service provider licence at GIFT CityWith this, Decentro has become the first Indian payment aggregator to secure the approval. With the licence, Decentro has established an en...
- India-Bangladesh border talks in Delhi next week; 1st after new BNP governmentIssues related to border fencing, attacks on BSF personnel, checking infiltration and cross-border crimes and handing over of illegal Bangl...
- RBI to explore CBDC pilot in cross-border transactionsThe Reserve Bank of India (RBI) plans to expand its digital rupee pilot to more direct benefit transfer schemes and the domestic retail spa...
- 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...
- Eurobank enables Greece-India UPI remittancesEurobank is launching a new service for cross-border remittances from Greece and Cyprus to India using UPI. This marks the first time a Eur...
- 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...
- Outward remittances: NBFCs don't need prior RBI nod for dealer tie-upsThe framework shifts regulatory focus away from ex-ante approvals toward compliance, transparency and consumer protection obligations at re...
- RBI eases rules for outward remittances; drops prior approval for non-bank entitiesThe Reserve Bank of India has eased rules for non-bank entities facilitating outward remittances. Prior approval from the RBI is no longer ...
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