Notwithstanding the recent global financial crisis, remittance flows to developing countries including India is expected to reach $325 billion by the end of this year and is likely to exceed to......
The stronger-than-expected recovery in remittances -- payments that are key to supporting the economies of many poor countries -- was driven by growth in Europe, Russia, and the United......
The World Bank has predicted a 7.3 per cent decline in remittance flows to developing nations in 2009 to $304 billion. The slowdown in global remittance flows that became evident in the last......
India received a whopping $27 billion in remittances, beating China and Mexico to become the top country for such inflows, the World Bank has said in its latest report. The top five recipients of......
US dollars. Photograph: Reuters India will retain its top spot with $71 billion in remittances this year as remittances to developing countries are expected to reach $435 billion, an increase of......