You Searched For "global remittances" and got 11 results
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2 mins read
Fast cross-border payments to make it difficult to check money laundering, terror funding: Fed official
The US Fed official overseeing payment systems said slowing down the speed at which payments are cl…
PTI
3 mins read
Economic Survey 2024: GDP grew by 8.2%, to sustain 7%+ growth momentum, fiscal deficit down to 6.4% of GDP
Gross Fixed Capital Formation, or investments in long-term, value-generating fixed assets increased…
3 mins read
Indian exports show resilience amid global challenges in first quarter, says CRISIL report
Despite the positive growth in exports, the trade deficit widened to $21 billion in June from $ 19.…
ANI
1 min read
Paytm to invest Rs 100 Crore in GIFT City; plans to offer AI-driven cross border remittance
One97 Communications Limited (OCL) that owns the brand Paytm, India's leading payments and financia…
ANI
2 mins read
Budget proposes hike in TCS on overseas travel, fund remittances out of India to 20%
Also, 20 per cent TCS will be applicable in cases where funds in excess of Rs 7 lakh are sent out o…
PTI
2 mins read
Remittances from overseas Indians increased by 12% $100 billion in 2022: Sitharaman
Speaking at a session during the Pravasi Bharatiya Divas (PBD) convention in Madhya Pradesh's Ind…
PTI
4 mins read
20% tax on foreign remittances make foreign investments unviable for retail investors
Budget announcement of 20% tax on foreign investments to make investments in the US markets less ap…
3 mins read
Capgemini says nearly half the world will be using cryptocurrencies to send money in the next two years — a revolution led by remittances
A new report by Capgemini estimates that around 45% of users will be using cryptocurrencies to make…
1 min read
Why Pakistan's rupee has soared the most against the US dollar among global currencies
The rupee gained 8% from a record low in September, as Pakistan's government launched a crackdown o…
Filip De Mott
1 min read
SBM Bank India, Mastercard to facilitate cross border transactions, remittances
As banking evolves to become more personal, platform-agnostic and always-on – the Bank has been le…
PTI
1 min read
World Bank predicts "sharpest decline" of remittances due to COVID-19
Malpass said "the ongoing economic recession caused by COVID-19 is taking a severe toll on t…