The high transaction cost on remittances amounts to an additional tax on cross-border movement of incomes. For 2023, roughly $41 billion was spent on just transaction costs.
This is the first such for the South Asian nation that is the world's biggest recipient of remittances. Transfer of funds will now be possible using just mobile phones.
Friends who would never be seen dead at a political event turned up at Jantar Mantar with their kids. Here's what broke the rules of dissent under Modi.
Betting on generation that helped bring it to power, the Vijay govt unveiled an AI-led budget that turns on the charm with laptops, bicycles, skill training, hostels and youth welfare initiatives.
Three Indian companies are working on Shahed-like drones. Besides IG Defence, Bengaluru-based NewSpace Research and Technologies has developed the Sheshnaag-150, while Lucknow-based Hoverit has the Divyastra.
The young people broke the self-imposed silence among the elite not to speak a word critical of the Modi government, except to whisper on the sidelines, looking left, right and behind.
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