Search For "remittances"
Iran conflict raises new credit risks for emerging markets, including Indi
Updated : 4 days, 23 hours ago IST
The Iran conflict could raise additional challenges for some emerging market sovereigns, including India, as far as energy imports, remittances, fiscal subsidies, exchange rates and access to international finance are concerned, said Fitch Ratings.
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Prolonged West Asia conflict could slow down India's growth: SBI Research
Updated : 6 days, 23 hours ago IST
The ongoing conflict in West Asia could have multiple economic implications for India, particularly through higher oil prices, disruptions in energy supply routes, and potential impacts on remittances and trade, according to a new report by SBI Research. The report highlighted that while the
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PM Modi's visit "another milestone" in elevation of ties: Israel Embassy's
Updated : 2 weeks, 1 day ago IST
Prime Minister Modi's Israel visit yielded 27 outcomes, elevating ties to a "Special Strategic Partnership." Key agreements span AI, UPI remittances, and a Free Trade Agreement push. With 17 MoUs across agriculture, cyber, and labour mobility, the visit marks a significant milestone in insti
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"Not actually worried about people migrating": CPI(M) leader John Brittas
Updated : 3 weeks, 2 days ago IST
John Brittas, a Member of Parliament from the Communist Party of India (Marxist), recently addressed the rising migration from Kerala, stating that he is not concerned by the trend, highlighting that the state's development has historically been driven by migration.
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Trade deficit deepens as Pakistan's external fragility resurfaces in FY26
Updated : 3 weeks, 2 days ago IST
Pakistan's external position has again come under strain during the first seven months of FY 2025-26, as a ballooning trade deficit offset improvements in remittances and services exports.
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Budget 2026: What gets cheaper, what gets costlier
Updated : 1 month, 1 week ago IST
The Union Budget 2026-27 has delivered targeted relief for consumers, exporters and strategic industries, while tightening taxes and select goods or assets. The proposals aim to improve the quality of life, support domestic manufacturing and exports, and generate additional revenue from f
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India remains world's largest recipient of remittances, inflows reach USD
Updated : 1 month, 1 week ago IST
Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, tabled the Economic Survey 2025-26 in the Parliament on Thursday.
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Pakistan's cost-of-living crisis forces families to spend two-thirds on su
Updated : 2 months, 1 week ago IST
Pakistan's latest household survey shows families now spend nearly two-thirds of their income on food and utilities due to high inflation. Spending on education and health has sharply declined, while reliance on remittances has increased, highlighting rising inequality and shrinking purchasi
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"Our relevance to global talent skill market is only going to grow...": EA
Updated : 3 months, 1 week ago IST
External Affairs Minister S Jaishankar on Wednesday highlighted the strides made in the last ten years on the front of mobility of Indian talent- through the expansion of passport services, to welfare funds for Indians abroad and how Indian demography is stepping up and meeting the needs
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RBI announces interlinking of UPI with European instant payment TIPS
Updated : 3 months, 3 weeks ago IST
The proposed UPI-TIPS interlinkage aims to facilitate cross-border remittances between India and the Euro Area and is expected to benefit users of both jurisdictions, the RBI said in a statement.
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ED issues fresh summons to industrialist Anil Ambani in FEMA case, rejects
Updated : 3 months, 4 weeks ago IST
The Enforcement Directorate on Friday issued fresh summons to industrialist Anil Ambani asking him to join the investigation on November 17 in connection with an ongoing investigation against him under a Foreign Exchange Management Act (FEMA) case, officials said.
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ED summons industrialist Anil Ambani on November 14 in FEMA case
Updated : 4 months, 1 week ago IST
The ED is investigating alleged illegal outward remittances, undisclosed foreign assets and offshore entities in connection with Ambani and companies in the Reliance Anil Ambani Group (RAAG).
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