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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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4 prospettive sulla stessa storiaTimeline cronologica
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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.
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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…
