Reflecting subdued global economic growth, India’s outward foreign direct investment( FDI) fell by

However, the remittances under the scheme grew sequentially by 16.6 per cent from$ 2.75 billion in July 2024.... Remittances for the maintenance of close relatives dropped by 16.65 per cent to$ 315.4 million.... Likewise, the remittances under the ‘gift’ category rose by nearly 9 per cent from last year to$ 244.4 million....

People in India spent close to$ 1.5 billion on international travel in May, against$ 1.10 billion

This growth was followed by funds used for the maintenance of close relatives and overseas education, which stood at$ 3.95 billion and$ 3.04 billion, respectively.... The LRS scheme was introduced in 2004, allowing all resident individuals to remit up to$ 250, 000 per financial year for any permissible current or capital account transaction, or a combination of both, free of charge.... In the initial phase, the scheme was introduced with a limit of$ 25, 000, which was gradually revised....

Tablet market shipment in India declined by 22 per cent year-over-year in the June 2023 quarter

the shipments in the first half of 2022, data from the International Data Corporation( IDC) showed

Smartphone shipment in India is expected to see a decline in the December quarter due to supply

India turned a net importer of finished steel in the first eight months of the fiscal year that

Shipment of 5G smartphones in the country continues to gain traction and such devices accounted for

India’s smartphone handset shipments declined just 3 per cent year-on-year( YoY) in the second