What the Iran war means for India, the world’s top remittance recipient


Riaz Thingna, Partner at Grant Thornton Bharat, says the Iran war unlikely to trigger a quick reversal of Gulf remittance inflows into India, as these funds are largely used for family support and investment. He adds outward remittances from India remain steady despite rupee weakness, suggesting flows will stay need-based and stable even after Iran tensions ease.



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