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Monday, March 2, 2026

Tag: remittances

India’s Current Account Deficit Narrows to $12.3 Billion in Q2 FY26

India's CAD improved to 1.3% of GDP in Q2 FY26, driven by strong services exports and remittances, while FDI turned positive.

RBI, ECB to Link UPI with Europe’s TIPS for Faster Cross-Border Payments

India and Europe advance UPI-TIPS integration to enable instant cross-border payments between India and Euro Area, streamlining remittances and international transactions.

RBI, ECB Launch UPI-TIPS Cross-Border Payment Link Initiative

India and Eurozone partner to enable instant cross-border payments through UPI-TIPS linkage, revolutionizing remittances between regions.