Outward remittances from India reached $2.3 billion in May, according to recent bulletin data. Travel expenses constituted the largest portion, accounting for $1.38 billion, a rise of $118 million from April. However, these outward remittances experienced a 4.4% decrease compared to May of the previous year. Additionally, Indians spent $149 million on education and $322 million supporting close relatives.
Molbio Diagnostics shares rally 9% as Jefferies initiates ‘high conviction top pick’ call for recently listed stock. Why is it bullish?
Molbio Diagnostics shares jumped after Jefferies initiated coverage with a Buy rating and named it a high-conviction top pick. The brokerage set a Rs 1,600
September 30, 2026