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Latest Articles in remittances

Remittances To Pakistan Top $2 Billion For Fourth Month

Remittances are consistently increasing due to a combination of factors including limited physical mobility of expats to Pakistani due to COVID-19 resulting in more transfers through official channels

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India Remittances Projected at Record Low: World Bank Group

In India remittances are projected to fall by about 23 percent in 2020, to $64 billion – a striking contrast with the growth of 5.5 percent and receipts of $83 billion seen in 2019

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World Bank Says Remittances To India Likely To Drop By 23% Due To COVID-19

Globally remittances are projected to decline sharply by about 20 per cent this year due to the economic crisis induced by the pandemic and shutdowns

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India Receives $235 Billion In Remittances In Three-And-Half Years

No authoritative figure available about the number of Indians working in various cities in the US and whether they have valid visa

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Punjab's Slowing Economy

Punjab was once synonymous with prosperity but has lost its coveted tag fast with decline in agriculture and industrial output

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Demonetisation: Gulf NRIs Worried About Money Exchange

The currency demonetisation poses problems for non-resident Indians who have accumulated cash in rupees in India; many worried about exchange rates

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Weak Global Economy Hits Remittances To India

Remittance flows are expected to decline by 5 per cent in India and 3.5 per cent in Bangladesh, says World Bank

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After Benefits Of Cheap Oil, India Counts Cost Of Reduced Gulf Remittances

India has benefited massively from cheap crude over the past two years. It halved the oil import bill, cooled inflation and improved public finances

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Countries Look To Draw Expatriate Cash With 'Diaspora Bonds'

Some 250 million people, around 3 percent of the world population, live outside their native countries, according to World Bank data from 2013

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India Receives $1 Billion Less In 2015 Remittances

Other large remittance recipients last year were China, Philippines, Mexico and Nigeria; global remittances drop 1.7 per cent

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Bank Of Baroda Case: CBI Searches 10 Locations

Currencies of China, US, Europe, UAE, Nigeria, Hong Kong and Sri Lanka found; documents being scrutinised

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CBI Files Chargesheet In Bank of Baroda Illegal Remittances Case

An FIR alleged that 59 current account holders and unknown bank officials conspired to send overseas remittances, mostly to Hong Kong, of foreign exchange worth about Rs 6,000 crore

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