LRS outflows: The bigger story is India’s search for global diversification
India’s Liberalised Remittance Scheme shifts from consumption to global wealth diversification, as affluent Indians boost overseas investments and dollar exposure. India’s Liberalised Remittance Scheme, which allows every resident individual to remit up to $250,000 per financial year, recorded outward remittances of around $29.7 billion in FY25. Continue Reading with CNBC-TV18 Access Membership Priority Access and…
