KHK Real Estate Development (KHK) has announced the launch of its newest project, “KHK 31,” …
Read More »Red flag rising for India’s finances as remittances shrink
Bloomberg India’s most reliable source of foreign funding is under threat. Remittances fell to $15.8 billion last quarter, the lowest since April-June 2011 and a 9.4 percent drop from a year earlier, as the global slowdown and slumping oil prices reduce demand for foreign workers. Indians working abroad — from construction labourers in Dubai to Silicon Valley engineers — send …
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