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Outward remittances under Reserve Bank of India's LRS drop 8.6% in Apr-Jan

Business Standard LogoBusiness Standard6h ago

Outward remittances under Reserve Bank of India's LRS drop 8.6% in Apr-Jan - Business Standard

Quick Summary:

In the April-January period of FY25, the largest segment - international travel segment slipped marginally to $14.75 billion, from $14.

However, remittances under the scheme for overseas education have dropped down to $368.21 million.

Outward remittances under Reserve Bank of India's LRS drop 8.


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Outward remittances under Reserve Bank of India's LRS drop 8.6% in Apr-Jan - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 20:41:23 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 339 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27175832

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 341 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Outward remittances under Reserve Bank of India's LRS drop 8.6% in Apr-Jan" was covered 6 hours ago by Business Standard, a news publisher based in India.

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  • URL: https://chronographically.beamstart.com/news/outward-remittances-under-reserve-bank-17423980015

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