NRI deposits Current Affairs, GK & News
June 16: International Day of Family Remittances
Every year, the International Day of Family Remittances is observed on June 16 by the United Nations. The day is observed all over the world. This year the day is celebrated under the theme Theme: Remittances are a lifeline Highlights The day is celebrated to recognize the efforts of migrants living abroad and help improve ..
Month: Current Affairs - June, 2020
Category: Important Days & Events Current Affairs
Topics: foreign funds • Gulf Countries • Indian diaspora • International Day of Family Remittances • NRI deposits • NRIs • OCI • Remittance • remittances • Role of Indian Diaspora in building a New India
India’s External Debt Eases
India’s external debt has witnessed a decline of 1.6% to US$ 521.2 billion at end-December 2018 over its level at end-March 2018, on account of the decrease in commercial borrowings and trade credit. Further: There had been a valuation gain in external debt as at end December 2018 due to the depreciation of the US dollar vis-a-vis the ..
Month: Current Affairs - April, 2019
Category: Economy & Banking Current Affairs
Topics: commercial borrowings • Depreciation • Dollar • Euro • external debt • long-term debt • NRI deposits • Pound sterling • SDR • short term trade credit • trade credit • yen