{"id":252187,"date":"2026-01-22T18:40:13","date_gmt":"2026-01-22T18:40:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/252187\/"},"modified":"2026-01-22T18:40:13","modified_gmt":"2026-01-22T18:40:13","slug":"indias-outward-remittances-fall-to-two-year-low-as-travel-and-education-spending-drops","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/252187\/","title":{"rendered":"India\u2019s outward remittances fall to two-year low as travel and education spending drops"},"content":{"rendered":"<p><a href=\"https:\/\/economictimes.indiatimes.com\/topic\/outward-remittances\" target=\"_blank\" rel=\"nofollow noopener\">Outward remittances<\/a> by resident Indians under the Liberalised Remittance Scheme (LRS) fell to a two-year low in November 2025, as spending on <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/education\" target=\"_blank\" rel=\"nofollow noopener\">education<\/a> and overseas <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/travel\" target=\"_blank\" rel=\"nofollow noopener\">travel<\/a> eased and seasonal factors weighed on outflows, according to a report by Times of India. Total remittances declined to $1,937.2 million from $2,364.5 million in October, marking an 18% sequential drop. Travel and education spend lead the decline<br \/> Travel, the main component, fell to $1,101.5 million from $1,352.6 million in October and $1,113.8 million a year earlier. Maintenance of close relatives also eased to $248.3 million from $273.9 million in October and $276.9 million last November.<br \/>According to TOI report, <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/equity-and-debt-investments\" target=\"_blank\" rel=\"nofollow noopener\">equity and debt investments<\/a> declined sharply to $174 million from $273.1 million in October, though they remained above $85.8 million a year ago. Gifts fell slightly to $194.3 million from $197.5 million, below $216.5 million in November 2024. Education-related remittances also dropped, with spending on studies abroad falling to $121 million from $163.3 million in October and $172.4 million a year earlier.<\/p>\n<p>Meanwhile, outstanding <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/nri-deposits\" target=\"_blank\" rel=\"nofollow noopener\">NRI deposits<\/a> dipped by $250 million to $167.9 billion. As per the TOI report, analysts said the slowdown largely reflects seasonal travel patterns and weaker spending on overseas education, two major drivers of outward remittances.<\/p>\n<p>(With inputs from TOI)<\/p>\n","protected":false},"excerpt":{"rendered":"Outward remittances by resident Indians under the Liberalised Remittance Scheme (LRS) fell to a two-year low in November&hellip;\n","protected":false},"author":2,"featured_media":252188,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,134330,184,243,134329,85,46,47820,134328,134331,134326,244,134327],"class_list":{"0":"post-252187","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-diaspora-remittance","10":"tag-economy","11":"tag-education","12":"tag-equity-and-debt-investments","13":"tag-il","14":"tag-israel","15":"tag-nri","16":"tag-nri-deposits","17":"tag-nri-taxations","18":"tag-outward-remittances","19":"tag-travel","20":"tag-travel-remittances"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/252187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=252187"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/252187\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/252188"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=252187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=252187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=252187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}