Outward remittances by resident individuals under the Reserve Bank of India’s Liberalised Remittance Scheme (LRS) were almost 11% lower year on year in July at $2452.93 million on the back of a ...
https://www.thehindubusinessline.com/economy/outward-remittances-under-lrs-decline-in-july-pulled-down-by-travel-and-education-spends/article70092132.ece Copy The ...
India’s outward remittances for education abroad fell 23.8 per cent year-on-year in August, a month that coincides with the academic cycle in US universities. As per data released by the RBI in its ...
MUMBAI, June 12 (Reuters) - India's central bank plans to tighten rules for overseas remittances by resident Indians, barring them from holding foreign currency deposits with lock-in periods, two ...
US President Donald Trump recently announced a 5 per cent levy on outward remittances by foreign nationals, including green card holders and those with H1B visas. Although it was later revised to 3.5 ...
The decline reflects stricter visa policies and rising study costs in top destinations such as the US, UK, and Canada. (Reuters) The appeal of foreign destinations for Indian students studying abroad ...
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