remittance

Foreign exchange business from outbound students on the rise: Report

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

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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