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Indians remit $2.7 billion overseas in August, led by travel - The — Bizwire | Bizwire
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  3. Indians remit $2.7 billion overseas in August, led by travel - The

Indians remit $2.7 billion overseas in August, led by travel - The

Outward remittances under the Liberalised Remittance Scheme (LRS) stood at $2.7 billion, with travel accounting for the largest chunk. Indians spent $1.6 billion on travel in August, from $1.7 billion in July, while $275 million were spent on maintenan-ce of relatives. Indian citizen spent $321 million on investments in equity and debt, while $191 million on studies abroad.

Indians remit $2.7 billion overseas in August, led by travel - The

Indians spent $1.6 billion on travel in August, from $1.7 billion in July, while $275 million were spent on maintenance of relatives. Listen to this article in summarized format (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price Private sector activity hits four month high in October India's net FDI inflows falls to $3 billion in August RBI flags rising inflation risks from West Asia conflict, El Nino despite resilient Indian economy Target reached, but asset monetisation to continue: DIPAM secretary Arunish Chawla

Swiggy sinks 16% to record low as quick-commerce losses widen BSE begins hunt for MD & CEO successor ahead of 2027 exit Small and midcap indices post worst weekly decline in two years 5 stocks with consistent score improvement and upside potential of up to 29% in 1 year, according to analysts RBI governor reiterates listing requirement for top NBFCs as focus intensifies on Tata Sons

Originally published by:

Economic Times

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