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Rupee falls, NRI remittances surge

After the fall in the rupee's value, the flows are growing at 15-18 per cent. The fall in the rupee's value against the dollar has pushed the pace of remittances from Indians abroad by 18 per cent.......

NRI remittances touch a new high at $6.5 bn

Remittances by non-resident Indians (NRIs) saw a 27 per cent jump at $ 6.5 billion (Rs 39,991.9 crore in present valuations) between January and September this year, as against 7 per cent growth......

As rupee sinks, NRIs take loans to remit money

Average amount stands at Rs 1.5-2 cr, while borrowing sources are not only banks but friends as well Non-resident Indians (NRIs) are taking loans to remit more money to India to benefit from the......
  Web results for Promoth Manghat
India is the largest receiver of remittance, at $69 billion across the globe

KOCHI: As the international migration continues to show an upward slope, the significance of women workforce in the total NRI workforce is often... ...

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