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.
Groww’s Ishan Bansal sees structural shift in derivatives participation post regulatory changes
Derivatives business faces a structural reset post FY25 regulatory changes, with growth now driven by a smaller but stable customer base, increased market volatility, and
April 21, 2026