Indian expats remit a record $129.4 billion in 2024
India continues to lead global remittances with a remarkable surge in funds sent by overseas citizens PRAVASISAMWAD.COM New Delhi: Indian
NRI deposits double to $7.8 bn in April-August, says RBI
The trend is an expression of strong confidence in domestic economy This growing influx of diaspora-driven deposits reinforces the
India and Malaysia move to settle trade in INR
The Indian Ministry of External Affairs (MEA) issued a statement, which is a step further to the RBI’s decision in
USD 107bn sent by NRIs to India in 2022-23
“External sector indicators have improved significantly. Foreign exchange reserves have rebounded from USD 524.5 billion on October 21, 2022 and
California rally against caste legislation
The legislation was initially submitted in the California Senate on March 22 by state senator Aisha Wahab, the first Muslim
No cap for foreign investors in Indian Sovereign Green Bonds
“The government sovereign green bonds issued in the fiscal year 2022-2023 that were eligible for investment under the FAR will
NRI deposits shoot to $5 bn between April 2022 and January 2023
Non-resident Indian (NRI) bank accounts received USD 5.95 billion from April 2022 to January 2023, more than doubling the USD
Indian Supreme Court asks government about FEMA exemption for resident OCIs
“Prayers pertaining to the parity of OCIs with Indian citizens and Non-Resident Indians (NRIs) was already decided by Justice AS
India opens UPI Payments for foreign tourists from G20 countries
The system will enable users to link their bank accounts to related apps such as Paytm, PhonePe and Google Pay
India’s forex reserves now at $6.56 bn
According to the data released by Reserve Bank of India (RBI), the foreign exchange reserves rose to USD 531.08 billion