October 15, 2026
Business

LRS outflows up over 10% in March led by travel demand(Soban News)

Indians sent $2.59 billion abroad in March 2026 via the Liberalised Remittance Scheme. This marked a 10.9% increase from the previous month. Travel spending saw a seasonal dip. However, investments in equity and debt surged significantly. Deposits abroad also showed a strong recovery. Remittances for education moderated after a peak in January.

​Indians sent $2.59 billion abroad in March 2026 via the Liberalised Remittance Scheme. This marked a 10.9% increase from the previous month. Travel spending saw a seasonal dip. However, investments in equity and debt surged significantly. Deposits abroad also showed a strong recovery. Remittances for education moderated after a peak in January. by Soban News (international And National News)

Related posts

How to accurately report REIT/ InvIT income in ITR for AY 2026-27 ahead of 31 July deadline(Soban News)

News-Soban-Admin

The Game Awards 2025: New Resident Evil 9 trailer features Leon, action packed gameplay, and lot more – The Times of India(Soban News)

News-Soban-Admin

BCCL IPO boosts confidence as Coal India weighs more unit listings: CMD(Soban News)

News-Soban-Admin

Leave a Comment