remittance
Developing countries ignoring cryptocurrency at their own risk: UN
August 17, 2022
Despite the warnings by the Reserve Bank of India about cryptocurrencies and the ambivalent response of the Indian government towards cryptocurrencies, a large number of Indians have already acquired these digital assets, says a report by the United Nations. The United Nations Co...
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Foreign exchange business from outbound students on the rise: Report
July 24, 2019
India is today the second-largest source of international students. According to the Reserve Bank of India (RBI), overseas travel spends by Indians rose more than 60 pc year-on-year in May (just before the international academic season), thus highlighting a marked increase in ove...
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Indians in Saudi Arabia fall victims to drop in oil prices
August 3, 2016
Thousands of jobless Indians are grounded in Saudi Arabia after losing their jobs to the fall in oil prices that hit the Gulf region and its economic activities this year. The Indian government is working to evacuate its people who are being denied both their pays and passports b...
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