31-March-2026
Markets and Finance
 
India's remittance inflows double in a decade; US, UK, Canada, Australia drive surge
30-Mar-2026

Rising remittance inflows to India have doubled in the past 10 years, with four advanced economies the United States, the United Kingdom, Canada, and Australia accounting for a growing share of the funds. Migration of higher-skilled Indians to these countries, combined with rising incomes among the diaspora, has helped reduce India's dependence on any single region while enhancing financial resilience, according to a report by Indiaspora, a San Francisco-based NGO of global Indian-origin executives.

News Source:- https://timesofindia.indiatimes.com/business/india-business/indias-remittance-inflows-double-in-a-decade-us-uk-canada-australia-drive-surge/articleshow/129859668.cms