इंडियन आवाज़     21 Jun 2018 05:53:29      انڈین آواز

NRI deposits nosedive due to oil price tremors in Gulf: Assocham

New Delhi

With fading away of the glorious years for the oil-rich countries in the Gulf following the crude prices battling to inch up, the Non-Resident Indians (NRIs) net deposits inflows have seen a huge drop of 98 per cent in the first five months of current financial year over the same period of 2016-17, according to an ASSOCHAM analysis.

The NRI deposit flows have nosedived from 3.84 billion dollar in April-August of the previous fiscal to a mere 434 million dollar in the same period of 2017-18.

Leave a Reply

Your email address will not be published. Required fields are marked *



ADB to fund Rs 1900 crores for development of Tourism in Himachal Pradesh

By Vinit Wahi Department of Economic Affairs, Union Ministry of Finance, has approved a Tourism Infrastructur ...

Air India marks 70 years since 1st India-UK flight

  Air India is marking 70 years since its first flight took off from Mumbai to London in June 1948, wh ...

@Powered By: Logicsart