NEW DELHI: As trade ministers head to Abu Dhabi for a crucial meeting of WTO next week amid a lack of consensus in key areas, India is seeking to get the over 160 member nations to acknowledge that high cost of remittances are a drain, especially on poor countries, and push for a reduction in … Read more
Home Business Want to Remit Money to Your Relatives in India During Christmas? Check These 5 Easy Ways You can remit money through various secured agencies as they provide a simple and convenient money transfer experience. In this era of digital transactions, online money transfers are gaining popularity globally. New Delhi: If you are residing … Read more
NEW DELHI: Remittances to India are estimated to rise over 11% to $125 billion in 2023, helping it retain the top spot ahead of Mexico ($67 billion) and China ($50 billion), data released on Monday showed.A strong base of skilled and unskilled workers in the US, the UK, Singapore and Gulf nations is expected to … Read more
New Delhi: India is likely to emerge as the largest recipient of foreign remittances again, totalling $125 billion in 2023, according to a new World Bank report. This is a mark-up of 13 percent from 2022’s $111 billion – an inflow that has significantly propelled the growth of remittances in South Asia as a whole … Read more