Outward remittances under LRS flat at $2.36 billion

December 23, 2025

Indians sent $2.36 billion abroad in October under the Liberalised Remittance Scheme. Travel spending was $1.35 billion. Investments in equity and debt saw a significant jump. However, spending on studies abroad decreased compared to last year. The Reserve Bank of India manages this scheme for resident individuals.

More To Explore

South Korea overtakes India as world’s sixth-largest stock market

South Korea’s stock market has now surpassed India’s, becoming the world’s sixth largest. This significant shift is largely due to the booming performance of its

June 2, 2026

OMCs stare at big losses despite recent price hikes

Oil Marketing Companies are facing substantial losses on petrol and diesel. Despite recent price increases, these companies are still losing money on every litre sold.

June 2, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003