Gulf Remittances
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India's Remittances From Gulf Region Declined In 2020-21: RBI
The share of remittances from the Gulf Cooperation Council (GCC) region to India has declined in 2021, the Reserve Bank of India said, reflecting a slower pace of migration and the presence of the Indian diaspora in informal sectors that were hit the most during the pandemic period.
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Opinion: Kerala's Remittance Rush From Abroad May Be Over For Good
"Gone to Gulf." That phrase came up a lot in conversations among grown-ups that I overheard as a schoolboy in Kerala during the early 1980s. My father, who managed a lobster-export business in the port of Kochi, was constantly griping about workers who quit on short notice - or none at all - to take up jobs in the Gulf cities of Muscat, Doha or Jed...
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In Last 6 Years, 10 Indian Workers Died Every Day In Gulf Nations: Report
About 10 workers from India died everyday on an average during the last six years in Gulf countries, which contribute over half of total foreign remittances to the country, a voluntary group has said on the basis of RTI replies.
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Remittances Rising, But Falling Migration Concern For States Like Kerala
At least 2.54 million households are managed by remittances in Kerala, data shows. One person supports almost close to four people in the state. Remittances from Gulf countries have been falling, data shows
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As "Gulf Money" Dries Up, Half-Built Bungalows In This Kerala Village
Every evening, three generations of worried Angatt family women meet outside a half-built bungalow in Venniyur village in Kerala.
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Disillusioned With The Middle-East, Kerala Diaspora Heads Back Home
Traditionally, remittances from the Middle East have been the mainstay of Kerala's economy, but with more and more of the state's diaspora bidding goodbye to the Gulf countries, things are going to change, once and for all.
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Remittances To India To Decline By 5 Per Cent In 2016: World Bank
India, the world's largest remittance recipient in 2015, may receive a remittance of USD 65.5 billion this year, a drop of 5 percent, the World Bank has said in a new report citing weak economic growth in remittances-source countries and cyclic low oil prices.
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After Benefits Of Cheap Oil, India Counts Cost Of Reduced Remittances
Most of India's remittances come from the oil-rich Gulf, where some seven million Indians have been working, but more and more are being forced to come home. Earlier this year, 1,000 Indian professionals were laid off by Qatar Petroleum.
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As Oil Prices Collapse, Indians Left Unemployed Head Home From Gulf
Having quit his low-paid job with a contractor in Qatar, electrician Kurian Joseph scrabbles for work each day in his hometown in Kerala, a state that has one of India's highest unemployment rates.
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Weak Oil Prices May Hit Remittances From Gulf Nations: Crisil
Continuing weakness in oil prices may impact remittances from Gulf countries into India, according to a report by domestic ratings agency Crisil.
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Gulf Expat Workers Send Home $100 Billion: Report
The figure was twice as high as remittances in 2010, an indication of strong growth, the head of economic research at Kuwait Financial Center (Markaz), Raghu Mandagoathur, said in the report.
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India's Remittances From Gulf Region Declined In 2020-21: RBI
The share of remittances from the Gulf Cooperation Council (GCC) region to India has declined in 2021, the Reserve Bank of India said, reflecting a slower pace of migration and the presence of the Indian diaspora in informal sectors that were hit the most during the pandemic period.
-
Opinion: Kerala's Remittance Rush From Abroad May Be Over For Good
"Gone to Gulf." That phrase came up a lot in conversations among grown-ups that I overheard as a schoolboy in Kerala during the early 1980s. My father, who managed a lobster-export business in the port of Kochi, was constantly griping about workers who quit on short notice - or none at all - to take up jobs in the Gulf cities of Muscat, Doha or Jed...
-
In Last 6 Years, 10 Indian Workers Died Every Day In Gulf Nations: Report
About 10 workers from India died everyday on an average during the last six years in Gulf countries, which contribute over half of total foreign remittances to the country, a voluntary group has said on the basis of RTI replies.
-
Remittances Rising, But Falling Migration Concern For States Like Kerala
At least 2.54 million households are managed by remittances in Kerala, data shows. One person supports almost close to four people in the state. Remittances from Gulf countries have been falling, data shows
-
As "Gulf Money" Dries Up, Half-Built Bungalows In This Kerala Village
Every evening, three generations of worried Angatt family women meet outside a half-built bungalow in Venniyur village in Kerala.
-
Disillusioned With The Middle-East, Kerala Diaspora Heads Back Home
Traditionally, remittances from the Middle East have been the mainstay of Kerala's economy, but with more and more of the state's diaspora bidding goodbye to the Gulf countries, things are going to change, once and for all.
-
Remittances To India To Decline By 5 Per Cent In 2016: World Bank
India, the world's largest remittance recipient in 2015, may receive a remittance of USD 65.5 billion this year, a drop of 5 percent, the World Bank has said in a new report citing weak economic growth in remittances-source countries and cyclic low oil prices.
-
After Benefits Of Cheap Oil, India Counts Cost Of Reduced Remittances
Most of India's remittances come from the oil-rich Gulf, where some seven million Indians have been working, but more and more are being forced to come home. Earlier this year, 1,000 Indian professionals were laid off by Qatar Petroleum.
-
As Oil Prices Collapse, Indians Left Unemployed Head Home From Gulf
Having quit his low-paid job with a contractor in Qatar, electrician Kurian Joseph scrabbles for work each day in his hometown in Kerala, a state that has one of India's highest unemployment rates.
-
Weak Oil Prices May Hit Remittances From Gulf Nations: Crisil
Continuing weakness in oil prices may impact remittances from Gulf countries into India, according to a report by domestic ratings agency Crisil.
-
Gulf Expat Workers Send Home $100 Billion: Report
The figure was twice as high as remittances in 2010, an indication of strong growth, the head of economic research at Kuwait Financial Center (Markaz), Raghu Mandagoathur, said in the report.
