October 13, 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

AI models are becoming commodity, says Microsoft CEO Satya Nadella(Soban News)

News-Soban-Admin

Rupee sees worst single-day fall in 2 months on importer dollar demand(Soban News)

News-Soban-Admin

Gold price today: Rates jump 3% to breach ₹1.62 lakh per 10 gram on MCX; is it the right time to buy gold? – Mint(Soban News)

News-Soban-Admin

Leave a Comment