April 13, 2025
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Tag: remittances

Overseas Indians send home record $129.4 billion in 2024; remittances cross $100 billion for 3rd consecutive year – The Times of India

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For the third consecutive year, India received remittances exceeding $100 billion. (AI image) Indians living abroad transferred a record $129.4 billion in 2024, with the December quarter alone accounting for $36 billion, according to the Reserve Bank of India‘s balance of payments data analysis.For the third consecutive year, India received remittances exceeding $100 billion. India…

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India crosses $100billion mark in remittances! What are inward remittances and will their uptrend continue? Explained – Times of India

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India crosses the $100 billion mark in remittances! In the fiscal year 2019-20, which was an election year, India received remittances amounting to $83.2 billion. However, in the following year, 2020-21, the remittances slowed down to $80.2 billion, possibly due to the impact of the COVID pandemic. In the years 2014-15 and 2015-16, India received…

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