India continues to maintain its crown as the world’s top recipient of diaspora remittances, with inflows hitting a record ...

U.S. Congress passes 1% levy on international remittances, raising concerns in India about potential loss of billions.

A scaled-back US remittance tax could offer some relief to most migrants and foreign-born workers, although the new charge could still have an impact on the world's poorest. The Senate most recently ...

China is pursuing a strategy of selective RMB integration – eschewing full capital account liberalization and avoiding a ...

Australia’s migration boom helped drive a record $38.2 billion in money sent in overseas remittances last year, including ...

Nigeria has cemented its position as Africa’s most advanced digital payments economy, recording 7.9 billion real-time ...

For companies looking to make a quick, large investment with big profit potential, the appeal of cryptocurrencies can be ...

China faces growing calls from policy advisers and economists to explore using stablecoins for cross-border payments, as the ...

Remittances by Overseas Indians Hit Record $135.46 Billion in FY25 - Indians abroad sent $135.46 billion in FY25 a 14% rise ...

When the spending bill passed through the House of Representatives, the tax was set at 5 percent. The US Senate reduced it down to 3.5 percent, and now again to 1 percent. The bill has undergone ...

Dubey told Newsweek that many wealthy Indian immigrants split their financial assets, with roughly 70 percent staying in the ...