A US-based son, Mr. Bussi, successfully challenged an Indian income tax notice after depositing Rs 11 lakh cash into his parents' account d...

The resilience of India's remittance system has reached new heights, with money sent home now more equipped to withstand external shocks. A...

India's rural economy is faced with potential challenges. A weaker monsoon and rising farm costs from the Iran war could impact growth this...

Bombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee Provident Fund Organisation (EPFO...

India's central bank anticipates an improved balance of payment situation. While high crude oil prices may initially impact the current acc...

India's essential remittance inflows are confronting an extraordinary obstacle. The intensifying turmoil in West Asia is fueling anxiety am...

India's inward receipts from international trade in services, incomes, and remittances surged by 56% to $464.189 billion in the first nine ...

Indians in America may face higher costs for remittances. A proposed US tax could significantly increase their financial burden. This levy ...

India's remittance patterns have shifted with advanced economies like the US and UK becoming key contributors, while the Gulf nations' shar...

The Reserve Bank of India (RBI) reports that the global adoption of Unified Payments Interface (UPI) and Central Bank Digital Currencies (C...

The Economic Survey presented by Finance Minister Nirmala Sitharaman indicates that remittances to India, a crucial source of external fina...

India's liberalised remittance scheme saw a 16% year-on-year decrease in outward remittances, with a total of $2.42 billion remitted in May...

My 2023-24 remittances were influenced by migration trends, job opportunities, and costs, with the US as the primary source. India remained...

Remittances are a source of permanent flows, unlike repatriable NRI deposits, and these help in narrowing the current account deficit (CAD)...

In 2023, India led global remittance inflows at USD 125 billion, driven by factors like its UAE agreement boosting bilateral trade in dirha...

“The remittance outlook for India for 2024 is strong. With unemployment rates edging up marginally in the United States and the United King...

Despite these positive trends, challenges and potential risks are highlighted. The Middle East and North Africa saw a decline in remittance...