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Kerala's share doubles after Covid slump
March 21, 2025
|Financial Express Pune
GCC nations cede ground as US, UK and Canada gain
KERALA'S SHARE IN India's inward remittances almost doubled to 19.7% in FY24 from 10.2% in FY21, recovering from the post-pandemic decline in inflows from Gulf Cooperation Council (GCC) countries. However, Maharashtra topped the list with 20.5% share in inward remittances in FY24, down from 35.2% in FY21, data from the RBI March Bulletin showed.
Other states also saw shifts in their remittance shares. Tamil Nadu's share increased to 10.4% from 9.7%, while Karnataka's rose to 7.7% from 5.2%. Punjab also witnessed growth, with its share rising to 4.2% in FY24 from 3% in FY21.
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Financial Express Pune
Fitch raises India growth...
GROWTH IS EXPECTED to slow in the first half of 2026-27 as rising inflation erodes real incomes and restrains consumer spending. Investment growth may soften in the near term, but is likely to recover in the second half of 2026-27, supported by easier financial conditions and lower real interest rates.
1 min
March 14, 2026
Financial Express Pune
Govt calls off strategic sale of IDBI Bank stake
THE GOVERNMENT HAS cancelled the strategic disinvestment of IDBI Bank after the financial bids received fell short of the reserve price set for the transaction, according to official sources.
1 min
March 14, 2026
Financial Express Pune
Introduce measures for direct cash transfer of fertiliser subsidy to farmers: Study
USING THE CURRENT crisis arising from the West Asia conflict as an opportunity to reduce import dependence, the government should initiate steps to introduce direct cash transfers of fertiliser subsidies to farmers, with seasonal adjustments, according to a research paper released on Friday by ICRIER.
1 min
March 14, 2026
Financial Express Pune
You can take a gold loan for short-term needs
YOUR QUERIES: LOANS
2 mins
March 14, 2026
Financial Express Pune
Rupee fall, low returns hit FPI inflows: Satish Ramanathan
WHILE VALUATIONS IN the Indian markets are still higher relative to other emerging markets despite sharp corrections, Satish Ramanathan, CIO — equity, JM Financial Mutual Fund, believes that they have come down in the last year or so, enabling more investment by domestic and foreign investors.
1 mins
March 14, 2026
Financial Express Pune
Gas crunch puts India Inc's production under pressure
IMPACT OF WEST ASIA CONFLICT
2 mins
March 14, 2026
Financial Express Pune
Hormuz traffic bottoms out as Iran hardens blockade
Brent crude hovers near $100 a barrel
1 min
March 14, 2026
Financial Express Pune
Housing sales in 50 cities dip 3%
PRESS TRUST OF INDIA New Delhi, March 13
1 mins
March 14, 2026
Financial Express Pune
Spotlight on the power of her enterprise today
THE EXPRESS AWARDS for Women Entrepreneurs (AWE), now in its fifth edition, has grown into one of the most credible platforms recognising women who lead with vision, resilience and impact. An initiative of FE in partnership with FICCI-FLO, the awards celebrate women who are not just building successful enterprises but also reshaping India’s entrepreneurial landscape.
1 min
March 14, 2026
Financial Express Pune
Airlines seek govt aid amid Iran war
DOUBLE WHAMMY
2 mins
March 14, 2026
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