Search For "remittance"
Despite tariff, geo-political challenges, India's CAD to remain under 1%
Updated : 5 months, 2 weeks ago IST
India's current account deficit (CAD) is expected to remain under control at 1 per cent of gross domestic product (GDP) in the current financial year, even as the economy faces challenges from higher tariffs and global geopolitical headwinds, according to a report by Crisil.
Read More
Remittances to India surged to USD 33.2 billion in Q1 of current FY26, up
Updated : 5 months, 2 weeks ago IST
The remittances in the country rose to USD 33.2 billion in the first quarter of the current financial year, from USD 28.6 billion recorded last year during the same time period, according to a report by Crisil.
Read More
Visa Releases Money Travels 2025 Remittances Report for Asia Pacific
Updated : 7 months ago IST
Singapore, August 13: Visa, a world leader in digital payments, today announced results from its annual Money Travels: 2025 Digital Remittances Adoption Report based on responses from 44,000 senders and receivers across 20 countries and territories. The report tracks remittance trends around
Read More
IDFC FIRST Bank Launches RemitFIRST2India - a New-Age Digital Platform for
Updated : 7 months, 1 week ago IST
Mumbai (Maharashtra) [India], August 6: IDFC FIRST Bank announces the launch of RemitFIRST2India, a next-generation digital remittance platform that allows Non-Resident Indians (NRIs) to send money to their families in India quickly, securely, and with zero transfer fees. NRI customers of ID
Read More
IDFC FIRST Bank Launches RemitFIRST2India - A New-Age Digital Platform for
Updated : 7 months, 1 week ago IST
Mumbai (Maharashtra) [India], August 5: IDFC FIRST Bank announces the launch of RemitFIRST2India, a next-generation digital remittance platform that allows Non-Resident Indians (NRIs) to send money to their families in India quickly, securely, and with zero transfer fees. NRI customers of ID
Read More
ED raids call centres in Delhi for duping US citizens; Rs 100 crore foreig
Updated : 7 months, 1 week ago IST
The Enforcement Directorate (ED) is carrying out search and seizure operations at three locations in the Khanpur area of New Delhi in connection with an alleged international cyber fraud case, officials said on Friday.
Read More
India-UK FTA not only boost exports but also boost economy through higher
Updated : 8 months, 2 weeks ago IST
The recently finalised free-trade agreement (FTA) between India and the United Kingdom (UK) will not only boost Indian exports and increase the mobility of Indian workers in the UK but also support India's economy through higher remittances and domestic spending noted a report by S&P Glo
Read More
India not affected by the new fee for DirectRemit to key countries by Emir
Updated : 8 months, 2 weeks ago IST
Emirates NBD has clarified that its DirectRemit service will continue to offer free international transfers to major remittance destinations such as India, Pakistan, Egypt, and the Philippines, as reported by the Gulf News.
Read More
Fairexpay and PhysicsWallah's Acadfly Partner to Provide Student Remittanc
Updated : 8 months, 3 weeks ago IST
New Delhi [India], June 25: In an attempt to change the way students transfer funds for education and living expenses abroad, Fairexpay has partnered with Acadfly, the study-abroad program of PhysicsWallah. This partnership will try to digitalise the remittance journey to make international
Read More
US President Trump's 5% tax on remittances to significantly impact Indian
Updated : 10 months ago IST
US President Donald Trump's decision to impose a 5 per cent tax on international remittances sent by non-citizens will significantly impact Indian households, said Global Trade Research Initiative (GTRI), a trade-focused research Group, in its latest report.
Read More
Fairexpay Partners with RemitX to Transform Cross-Border Payments for Indi
Updated : 11 months ago IST
Bangalore (Karnataka) [India], April 16: Fairexpay, a pioneer in digital payment solutions, today announced a strategic partnership with RemitX, a division of Capital India Finance Limited and a leading player in the foreign exchange and remittance industry. This collaboration marks a signif
Read More
Ample Transfers Receives In-Principle Approval from MAS to Expand Regulate
Updated : 11 months ago IST
Singapore, April 14: Ample Transfers, a Singapore-based provider of remittance and money-changing services established in 1998, has received in-principle approval from the Monetary Authority of Singapore (MAS) to expand its scope of regulated payment services under the Payment Services Act 2
Read More