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REMITTANCES TO SOUTH ASIA
Iran-Israel conflict puts UAE, Saudi Arabia's foreign workers under strainA protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like...- India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World BankIndia will remain the world's fastest-growing major economy. Growth is projected to slow to 6.6 percent in fiscal year 2026-27. This modera...
- RBI MPC: India's Goldilocks moment dims, but the lights are not outIndia's economic "Goldilocks moment" is shifting as the RBI raises its inflation forecast and lowers growth projections due to external sho...
- Exclusive | Is the India story over for FIIs? BofA says investors don't want to miss what's nextIndia's global equity market capitalization ranking has dropped to seventh as foreign investors shift focus to AI opportunities in Taiwan a...
- No law bans withdrawal of cryptocurrency: BinanceIndian crypto exchanges are blocking user withdrawals fearing misuse for money laundering. Global exchange Binance, however, permits free w...
- UN labour agency says Middle East war threatens millions of jobsThe Middle East war is impacting jobs and pay worldwide. Millions of jobs could be lost, and real wages may fall in 2026 and 2027. Migrant ...
- 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...
- Global Market: Emerging markets face mounting economic pressure amid Iran war disruptionsThe Iran war's economic ripple effect is hitting emerging markets hard, two months on. Rising inflation, trade disruptions, and fiscal stra...
- India's economy projected to grow at 6.4% this year: UNIndia’s economy is projected to grow 6.4% in 2026 and 6.6% in 2027, according to a United Nations Economic and Social Commission for Asia a...
- 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...
- India tops remittance flows at USD 125 bn in 2023: World BankIn 2023, India led global remittance inflows at USD 125 billion, driven by factors like its UAE agreement boosting bilateral trade in dirha...
- India tops global remittance charts at $125 billion in 2023Despite these positive trends, challenges and potential risks are highlighted. The Middle East and North Africa saw a decline in remittance...
- Remittances to South Asia to dip 22% in 2020: World BankIn 2019, India received $83.1 billion in remittances from people working overseas.
- India highest recipient of remittances at $79 bn in 2018: World BankIndia was followed by China (USD 67 billion), Mexico (USD 36 billion), the Philippines (USD 34 billion), and Egypt (USD 29 billion).
- India to retain top position in remittances with $80 billion: World BankIndia is followed by China ($67 billion), Mexico and Philippines ($34 billion each), according to World Bank.
- India's robust growth to hasten South Asia's development: World BankIn Sri Lanka, the economic growth is expected to grow at 5.3 per cent in 2016 and 2017 driven by increased public investment and postponed ...
- India to receive record $70 billion remittances in 2012: World BankAfter India, China will stand second with $66 billion, followed by Mexico and the Philippines with $24 billion each, a latest report said.
- Indians remitted $50 billion in 2009; sent more than global counterpartsIn contrast, overseas workers from neighbouring China remitted $47 billion during the year, as per the World Migration Report 2010.
- Financial crisis not to have much impact on remittances: RBIGlobal financial crisis has so far failed to significantly slow down inflow of remittances in India, the RBI said. How are exchange rates d...
- Migrant labour fuels Gulf remittancesIndia is the top recipient of remittances in the world, a large part of which comes from oil-rich Gulf economies. Day in pics | Corporate h...
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