India to top global remittances with $71 billion this year

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......

Despite crisis, remittances to India at record high

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......

World Bank predicts 7.3% fall in remittances

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 got $27 bn remittances in '07: World Bank

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......