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Tag: foreign exchange

Aviation
Indian aviation sector to log 8-13 pc passenger traffic growth in FY24: ICRA

Indian aviation sector to log 8-13 pc passenger traffic growth in FY24: ICRA

ICRA, the credit rating agency, forecasted an 8 to 13 percent growth in Indian air passenger traffic for the fiscal year 2024, reaching between 150 to 155 million and exceeding the pre-pandemic figure of 141.2

Top Stories
EbixCash records 38% growth in forex during 2023; revenue surges 24% in Q4

EbixCash records 38% growth in forex during 2023; revenue surges 24% in Q4

EbixCash Limited, a subsidiary of global software and e-commerce services provider Ebix, Inc., has reported significant year-over-year (YOY) growth in its payment solutions vertical, particularly in the areas of foreign exchange, inward and outward money

Ministry
India earns INR 5.54 lakh crore in forex from tourism: Govt

India earns INR 5.54 lakh crore in forex from tourism: Govt

India has earned INR 5,54,657 crore in foreign exchange from tourism between 2019 and May this year, shows the latest government data. Overall, 2019 saw a total earning of INR 2,16,467 crore, which is the

Outbound
Sri Lanka welcomes 7.5 lakh tourists earning USD 800mn forex this year

Sri Lanka welcomes 7.5 lakh tourists earning USD 800mn forex this year

Sri Lanka received over 750,000 tourists and earned foreign exchange revenue amounting to USD 800 million during the first seven months of this year, according to a statement from the President's Media Division (PMD).Quoting State

Top Stories
Sri Lanka banks on India to aid tourism recovery, calls for borderless BIMSTEC travel

Sri Lanka banks on India to aid tourism recovery, calls for borderless BIMSTEC travel

Sri Lanka is counting on tourists from India, its primary source market, to boost foreign exchange earnings and aid economic recovery, as the island expects fewer tourists from Europe amid the ongoing recession. Sri Lanka

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Thomas Cook India partners with Mastercard & Visa for Study Buddy Card to tap overseas education segment

Thomas Cook India partners with Mastercard & Visa for Study Buddy Card to tap overseas education segment

Thomas Cook (India) Limited has earmarked the overseas education segment as a significant and growing opportunity. Foreign Exchange is a noteworthy driver of the company’s business and the overseas education segment having witnessed a strong

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