India will receive record $70 billion remittances in the year 2012, topping the list of developing countries which are expected to receive a total of $406 billion this year, the
Remittances by Indian expatriates rose by over USD 1 billion to USD 27. 51 billion (around 1 22 420 crore) during April-September 2009 unfazed by the global financial meltdown
A month since the Dubai crisis unfolded on November 25, the scare that remittances from Indians in the Gulf will slow down remains just that -- a scare
At present, the exchange has 226 offices in the country.
Out of total the remittances, the company received 60 per cent from NRIs.
As the much-anticipated currency futures make its debut in India on Friday, several domestic brokerages are targeting clients, who are receiving remittances from abroad.
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