India tops in remittances, receives $70 billion
The World Bank has said India continues to be the leading nation in remittances pulling in USD 70 billion from its global migrant workforce in 2014.
Apr 14, 2015, 08:34 AM IST
Remittances are more stable than other capital flows:WB
Describing remittances as a significant source of inflows to many developing countries like India, which received maximum remittances in 2013, the World Bank has called for removing impediments to its flows arguing that remittances are more stable than other capital flows.
Jan 08, 2015, 08:47 AM IST
India to top global remittances with $71 billion this year
India will retain its top spot with USD 71 billion in remittances this year as remittances to developing countries are expected to reach USD 435 billion, an increase of five per cent over 2013, the World Bank has said.
Oct 07, 2014, 09:27 AM IST
