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CIFL may explore inorganic route to grow its technical capability

CIFL may explore inorganic route to grow its technical capability
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Kumar Bhanwala , Harsh Kumar Bhanwala , குமார் பன்வாலா , கடுமையான குமார் பன்வாலா ,

Fall in outward remittances good news for India's current account


Fall in outward remittances good news for India s current account
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Synopsis
This is the first time annual remittance outflows contracted since 2015 when the Reserve Bank of India (RBI) doubled the annual limit for sending money abroad to $250,000 and allowed more current account transactions under the Liberalised Remittance Scheme (LRS).
Agencies
Total outflows contracted 32% in FY21 as major heads like travel, overseas studies and maintenance of close relatives saw a sharp dip. But outflows under permissible capital account transactions like investment in overseas deposits picked up.
India’s outward remittances fell by as much as $6 billion in FY21 as the pandemic put brakes on ordinary overseas travel and student traffic to campuses abroad, partly contributing to the current account surplus of $24 billion. ....

Kumar Bhanwala , Reserve Bank , Liberalised Remittance Scheme , Harsh Kumar Bhanwala , குமார் பன்வாலா , இருப்பு வங்கி , கடுமையான குமார் பன்வாலா ,

Fall in outward remittances good news for India's current account

Fall in outward remittances good news for India's current account
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Kumar Bhanwala , Reserve Bank , Liberalised Remittance Scheme , Harsh Kumar Bhanwala , குமார் பன்வாலா , இருப்பு வங்கி , கடுமையான குமார் பன்வாலா ,