Indians spend over $1 bn monthly on foreign travel in Apr-Dec FY23
Outward remittances under LRS for travel stood at $9.95 billion, up from $4.16 billion during the same period last year and $5.4 billion during FY21.
Outward remittances under LRS for travel stood at $9.95 billion, up from $4.16 billion during the same period last year and $5.4 billion during FY21.
Around 76% of respondents to a survey say they will be able to afford less in coming years as higher import costs will get reflected in products they buy