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NRO deposits also saw inflows worth $ 2.19 billion from April-September 2024, compared to $ 1.88 billion during the same period a year ago
The NRI deposit schemes include foreign currency non-resident (FCNR) deposits, non-resident external (NRE) deposits, and non-resident ordinary (NRO) deposits
These agents were specifically targeting vulnerable job seekers, especially youths, with the promise of lucrative overseas jobs
The yearly remittance data shows a robust inclination among Indians towards international travel, with expenditures totalling $17 billion in FY24
The Indian Embassy has rescued 250 victims of illegal cyber work scam in Cambodia over the last three months. Here is everything you need to know about fake job scam
Overseas care workers, including Indians, will be restricted from bringing dependant family members with them to the UK under new visa rules that come into force from this week. The UK Home Office had announced the plans earlier and on Monday said the new rules follow a "disproportionate" 120,000 dependants accompanying 100,000 workers on the care visa route last year. It is claimed the move will radically cut net migration to the UK and tackle visa abuse to bring down unsustainable levels of legal migration. Care workers make an incredible contribution to our society, taking care of our loved ones in times of need. But we cannot justify inaction in the face of clear abuse, manipulation of our immigration system and unsustainable migration numbers, said UK Home Secretary James Cleverly. It is neither right nor fair to allow this unacceptable situation to continue. We promised the British people action, and we will not rest until we have delivered on our commitment to bring numbers .
Benefits of the PBB insurance scheme: Rs. 10 lakh financial assistance in case of accidental death or permanent disability; medical expenses for injuries or sickness of up to Rs. 1 lakh
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The decision comes in the wake of several complaints raised by the Indians stranded abroad
The government has kept in abeyance multiple-entry life-long visas given to OCI card holders till the time international travel resumes
Many are stranded in transit; even OCI cardholders are being denied entry into the country
The reason behind deferring the proposal were not immediately known