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India’s soaring remittance inflows set record, but new global policies pose risks
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India’s soaring remittance inflows set record, but new global policies pose risks
India continues to maintain its crown as the world’s top recipient of diaspora remittances, with inflows hitting a record $135.46 billion in the 2024–25 fiscal year. This figure represents a 14% increase from the previous year and highlights the growing economic influence of the Indian diaspora across the globe. However, emerging policy shifts in major host countries-especially the United States-signal potential threats to this vital financial l…
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