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Georgia becomes new hub for Indian medical students

Financial Express Bengaluru

|

November 01, 2025

WITH THE WAR in Ukraine continuing in its fourth year and international students switching to safer alternatives, Georgia is fast emerging as a new and fast-growing destination for Indian medical aspirants, data shows.

- ABHINAYA HARIGOVIND

Indians spent $50.25 million on education in Georgia in 2024-25, a nearly five-fold surge from $10.33 million in 2018-19, according to data on the Reserve Bank of India’s Liberalised Remittance Scheme (LRS), obtained under the RTI Act.

This rise, the data shows, has come largely at Ukraine’s expense, with Indian remittances for education in that country dropping from $14.80 million in 2018-19 to just $2.40 million in 2024-25.

In the years before the war, Indian remittances for education in Ukraine were only rising. In fact, Ukraine was among the top 10 destinations for Indian students in 2020-21 and 2021-22, when remittances touched $39.12 million. After Russia invaded Ukraine in February 2022, this fell sharply to about $10.6 million in 2022-23.

FLERE HISTORIER FRA Financial Express Bengaluru

Financial Express Bengaluru

Coca-Cola India profit up 46.3% to ₹615 crore

Revenue rises 7% in FY25

time to read

1 min

December 20, 2025

Financial Express Bengaluru

Chomsky, Gates appear in new Epstein estate photos

CONGRESSIONAL DEMOCRATS RELEASED dozens of new images from the estate of the late convicted sex offender Jeffrey Epstein on Thursday, a day before the US Justice Department is required by law to release unclassified ?files from its investigation of the disgraced financier.

time to read

1 min

December 20, 2025

Financial Express Bengaluru

File revised returns if AIS is showing additional income

YOUR QUERIES: INCOME TAX

time to read

2 mins

December 20, 2025

Financial Express Bengaluru

Practo to seek banks for 2026 IPO

PRACTO TECHNOLOGIES, WHICH runs a digital health platform, is planning an initial public offering, according to people familiar with the matter, joining a wave of companies rushing to capitalise on India's buoyant market for first-time share sales.

time to read

1 min

December 20, 2025

Financial Express Bengaluru

BoJ shadow over a low-cost loan window for India Inc

Bank of Japan hikes rate to a three-decade high of 0.75%; India Inc says impact will be muted

time to read

2 mins

December 20, 2025

Financial Express Bengaluru

Flipkart buys majority stake in Minivet AI

WALMART-OWNED FLIPKART has struck a deal to acquire a majority stake in Minivet AI, an AI and machine learning solutions provider, as the e-commerce major looks to strengthen its generative AI capabilities for visual and conversational commerce.

time to read

1 min

December 20, 2025

Financial Express Bengaluru

Adani plans nuclear power foray

Aims to build eight 200-MW small modular reactors

time to read

2 mins

December 20, 2025

Financial Express Bengaluru

Growing trade imbalances demand course correction

FRANCE'S PRESIDENT EMMANUEL

time to read

3 mins

December 20, 2025

Financial Express Bengaluru

CCI: AI raises new competition risks

THE RAPID ADOPTION OF artificial intelligence across sectors is creating fresh competition challenges, requiring closer coordination among regulators to keep markets open and safeguard consumer interests, Competition Commission of India (CCI) chairperson Ravneet Kaur said on Friday.

time to read

1 min

December 20, 2025

Financial Express Bengaluru

Piramal Finance exits Shriram Life for ₹600 cr

PIRAMAL FINANCE ON Friday said it has decided to sell its entire 14.72 per cent stake in Shriram Life Insurance Companyto South Africa-based Sanlam Group for ₹600 crore.

time to read

1 min

December 20, 2025

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