Search result for 'india remittances'

The US is considering a 5% tax on remittances, which will impact Indians sending money back home. This could lead to a significant increase in costs for them.

FalconX CEO Raghu Yarlagadda discusses how tokenisation and AI will revolutionise India's access to global capital, highlighting the potential for cross-border payments and real-world asset access.

Remittances to India from advanced economies like the US and UK have surpassed those from Gulf countries, reflecting a shift in migration patterns towards skilled Indian diaspora, according to RBI...

India's remittances, a key source of external financing, are projected to rise to $124 billion in 2024, driven by strong labor markets and diversification of migrant workforce.

India received USD 120 billion in remittances in 2023, the highest among LMICs, with the US being the largest source, according to a World Bank report.