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India sees 16% decrease in outward remittances under LRS in May 2024. India's liberalised remittance scheme saw a 16% year-on-year decrease in outward remittances, with a total of $2.42 billion remitted in May 2024, down from $2.88 billion a year ago.
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Read Top News in India and around the World on Times of India. Breaking news coverage and analysis on US presidential election, politics, current affairs, business & sports.
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