RBI's Monetary Policy Report forecasts global recession, says India's growth outlook "drastically altered"

Rajasthan hikes excise duty on liquor

Covid-19 impact: Govt raises market borrowing limit to Rs 12 lakh cr for FY21

Govt cuts interest rate on small savings schemes by 0.1 pc, effective July 1

Union Budget 2019: Here's key demands, expectations of Foreign Investors

Pick stocks that will benefit from global supply chain reshuffle: Jitendra Gohil

FDI flows from neighbouring countries will be affected due to new screening rules: Shardul Shroff

Don’t expect oil prices to go beyond $30 this year: Manish Singh

Can't be in lockdown forever, have to focus both on lives and livelihoods: Raghuram Rajan

MSME loan losses will rise sharply if economy takes time to revive: Amitabh Chaudhry

Rotate your money in telecom, pharma & utilities sector: Krishna Kumar Karwa

Consumer durables, two-wheelers to recover fairly quickly from Covid impact: Sanjeev Prasad

Global investors now more confident about India than China: Pacific Paradigm Advisors

Cannot say markets have bottomed out: Nilesh Shah

Lockdown was easy, opening up to require a lot of confidence: Rashesh Shah

Be extremely cautious and don't get swayed by the sharp bear market rallies: Dipan Mehta

Tech investments aimed at making Jio a solid digital company: Axis Securities

Very sharp U-shaped recovery is a strong possibility: ASK Investment Manager

Everything that shines is not gold, it could be silver: Jim Rogers

The real economic activities in Rajasthan are taking place in the rural areas. On April 18, we had 62,000 NREGA (National Rural Employment Guarantee Act) workers; on May 5 the number jumped to 16.5 lakh, said Pilot.

"I have seen a significant amount of evidence that suggests that the lab was underperforming, that there were security risks at the lab and that the virus could well have emanated from there," US Secretary of State Mike Pompeo told Ben Shapiro in an interview on Friday.

The first phase of easing lockdown began as the government announced removing restrictions by allowing more business to open and operate from dawn to 5pm.

The Trump administration is tightening visa guidelines for Chinese journalists in response to the treatment of U.S.journalists in China, as tensions flare between the two nations over the coronavirus.

Vizag gas leak tragedy: Tension at LG Polymers plant as villagers protest demanding its closure

Setu Samudra and other exercises to repatriate Indians from across the globe: ET Explains

Covid-19 pandemic: ICMR approves 28 more institutions for Plasma Therapy across country

Everything that shines is not gold, it could be silver: Jim Rogers

Coronavirus pandemic: Kanpur metro construction resumes amid lockdown 3.0

Coronavirus testing: Over 15 lakhs tested till now for COVID-19, informs Harsh Vardhan

Amit Shah dismisses rumours about his health, says he is not suffering from any disease

ICICI Bank Q4 net profit rises 26% YoY to Rs 1,221 crore, misses Street estimates

Afghan peace process: America recognises India's role, says US Envoy after meeting S Jaishankar

Mortality rate increases if COVID-19 patient delays in visiting hospital: AIIMS-Delhi Director

Coronavirus in West Bengal: 11 deaths, 108 fresh cases reported in last 24 hours

Nepal: Chinese protesters arrested after clash with police, 6 cops injured

Bandipora: Fake currency racket busted by J&K Police, 4 arrested

COVID-19 in Mumbai: BMC Commissioner Iqbal Chahal takes stock of Dharavi slum area

Watch: Delhi cop wins fight against Coronavirus, receives heroic welcome

The LRS transactions are currently permitted by banks based on the declaration made by the remitter.

A report said that India (receiving USD 69 billion in remittances in 2017) was followed by China (USD 64 billion) and the Philippines (USD 33 billion).

India received $69 billion in overseas remittances last year, equivalent to almost 3 percent of GDP, Capital Economics said, citing World Bank data.

The data was provided by Indian missions in Bahrain, Oman, Qatar and Saudi Arabia but the Embassy in the UAE refused to give information. The Indian embassy referred to data on their website which was only 2014 onwards.

India is followed by China ($67 billion), Mexico and Philippines ($34 billion each), according to World Bank.

ET looked at data from 1990-91 to present, and the remittance-elections bump is evident.

India was followed by China (USD 67 billion), Mexico (USD 36 billion), the Philippines (USD 34 billion), and Egypt (USD 29 billion).

India was the top recipient of remittances worldwide in 2018, data from the World Bank shows. The remittances were boosted in part by migrants from Kerala sending.

India continues remains the top recipient of remittances, with its diaspora sending back $78.6 bn in 2018.

The payments bank sees average monthly remittances of close to Rs 5,000 crore from daily wage earners working in various factories, construction sites, small businesses, plumbers, carpenters, cab drivers, among others.

An IAF fighter jet crashed into the fields here, Nawanshahr Deputy Commissioner Vinay Bublani said. The crash took place around 10.30 am, the officials said. An IAF spokesperson said the Mig-29 aircraft was on a training mission from an Air Force base near Jalandhar.