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India's forex spends slip 2% as education spending abroad falls

India's outward remittances under LRS fell 2% to $29 billion in FY26, driven by a sharp 20.9% decline in overseas education spending and reduced international travel expenses.

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thehindubusinessline.com

timesofindia.indiatimes.com

economictimes.indiatimes.com

newsbytesapp.com

venerdì 22 maggio 2026·thehindubusinessline.com
‘Global uncertainty slows overseas remittances under LRS in FY26’: RBI bulletin
Global uncertainty leads to a 2% decline in India's FY26 overseas remittances under LRS, impacting education and travel spending.
sabato 23 maggio 2026·timesofindia.indiatimes.com
Forex spends by Indians drop 2% to $29 billion in FY26
MUMBAI: Total outward remittances under the Liberalised Remittance Scheme (LRS) witnessed a contraction in FY26, dropping about 2% to $29 billion from the $29.6 billion recorded…

sabato 23 maggio 2026·

economictimes.indiatimes.com

LRS outflows up over 10% in March led by travel demand

Indians sent $2.59 billion abroad in March 2026 via the Liberalised Remittance Scheme. This marked a 10.9% increase from the previous month. Travel spending saw a seasonal dip.…

sabato 23 maggio 2026·

newsbytesapp.com

Indians remitted $2.59B overseas in March, says RBI

Indians remitted $2.59 billion abroad in March 2026, marking a 10.9% monthly increase, driven by strong recovery in deposits and surging investments in equity and debt.

sabato 23 maggio 2026·

newsbytesapp.com