LRS Outward Remittances Take a Dive 4.1% in FY26, Smackdown!

Listen up, folks! Outward remittances under the LRS took a tumble, falling 4.12% YoY in FY26 to a whopping $21.36 billion. Why? Less cash for travel and education, baby! But wait! Investment remittances skyrocketed by 89.10%—now that’s how you lay the smackdown on the competition!