Search For "remittance"
World Bank: Indian migrant workers from Singapore, other countries send ho
Updated : 3 years, 3 months ago IST
That puts its inflows far ahead of Mexico (USD60 billion), China (USD51 billion), the Philippines (USD38 billion), Egypt (USD32 billion) and Pakistan (USD29 billion), positioning the country to retain its spot as the world's top recipient of remittances. Such foreign remittances make up almo
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India to receive over record USD 100 billion in remittances in 2022: World
Updated : 3 years, 3 months ago IST
In its latest Migration and Development Brief, World Bank said remittance flows to India will rise 12 per cent, putting its inflows ahead of countries including China, Mexico and the Philippines.
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Pak remittances continue to decline
Updated : 3 years, 3 months ago IST
Remittances from Saudi Arabia, UAE, UK and US make up 68.5pc of Pakistan's yearly remittances. But lately, remittances from the first three countries, with a share of 57.7pc in the total pie, have been falling with little chance of a reversal of this trend, primarily due to economic and expa
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Pakistan's remittances drop amid widening exchange rate gap
Updated : 3 years, 4 months ago IST
The workers' remittances recorded an inflow of USD 2.2 billion in October as compared to the previous month's figure of USD 2.4 billion, the central bank said in its official data last Friday.
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Migration can boost South Asia's recovery, support long-term development:
Updated : 3 years, 4 months ago IST
Coping with Shocks: Migration and the Road to Resilience is the subject of a two-day conference that opens today, organized by the Institute for Integrated Development Studies and the World Bank.
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BookMyForex launches 24x7 international money transfers; Introduces "Book
Updated : 3 years, 7 months ago IST
Gurgaon (Haryana) [India], August 16 (ANI/NewsVoir): BookMyForex.com, (a MakeMyTrip group company), India's leading online foreign currency exchange services provider, has launched a 24X7 remittance service to offer its customers a fast and convenient experience. Remittance orders can be boo
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Ethiopia records more remittances from diaspora
Updated : 3 years, 7 months ago IST
Addis Ababa [Ethiopia], July 23 (ANI/Xinhua): Ethiopian diaspora remittances reached 4.2 billion U.S. dollars during the Ethiopian 2021/2022 fiscal year that ended on July 7, said authorities.
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India's remittances from Gulf region declined in FY21: RBI
Updated : 3 years, 8 months ago IST
New Delhi [India], July 18 (ANI): The share of remittances from the Gulf Cooperation Council (GCC) region to India has declined in 2021, the Reserve Bank of India said, reflecting a slower pace of migration and the presence of the Indian diaspora in informal sectors that were hit the most du
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ED attaches Rs 5551.27 cr of Xiaomi Technology India Pvt Ltd under Foreign
Updated : 3 years, 10 months ago IST
New Delhi [India], April 30 (ANI): The Enforcement Directorate (ED) has seized Rs 5551.27 crore of Xiaomi Technology India Pvt Ltd-- a wholly-owned subsidiary of China-based Xiaomi group-- under the Foreign Exchange Management Act (FEMA) in connection with illegal remittances made by the
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IndusInd Bank, NPCI join hands to offer cross-border payments through UPI
Updated : 4 years, 2 months ago IST
Mumbai [India], December 29 (ANI): IndusInd Bank has signed an agreement with the National Payments Corporation of India (NPCI) for offering real-time cross-border remittances through Unified Payments Interface (UPI).
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Pakistan's foreign remittances fall in November, exchange rate against US
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], December 23 (ANI): In Pakistan the exchange rate witnessed a persistent decline against the US dollar for the last several months because of the fall in foreign remittances by 6.6 percent despite contradicting claims by Pakistan economic managers.
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PMJDY turns 7, over 43.04 crore beneficiaries bank under scheme
Updated : 4 years, 6 months ago IST
New Delhi [India], August 28 (ANI): The Pradhan Mantri Jan-Dhan Yojana (PMJDY), which is a national mission for financial inclusion to ensure access to financial services, namely, banking/ savings and deposit accounts, remittance, credit, insurance, pension in an affordable manner, comple
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