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Outward remittances under RBI's LRS decline 8.2% in April-February
Overseas remittances for the purchase of immovable property rose by 28.32 per cent Y-o-Y to $277.7 million
ADB sees coronavirus slashing 2020 global remittances by over $100 bn
Remittances to Asia and the Pacific, which amounted to $315 billion in 2019, help fuel the consumption-led growth for some of the region's developing economies, including the Philippines
India to top global remittances chart with $65 billion in 2017: World Bank
India, in 2016, received remittances amounting to USD 62.7 billion