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MoneyGram rides on intra-Asia remittance wave; to expand services

Dallas-headquartered global money transfer service, MoneyGram is eyeing millions of South Asian migrant workers worldwide to expand its business with more remittances into bank accounts, low service fees and round the clock 24-hour facilities. The company plans to tap the huge potential of cross-region remittance

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India is a new bright spot in Asia

India is a new bright spot in Asia and its Gross Domestic Product (GDP) growth is expected to strengthen to 7.5 per cent per annum for 2015 and 2016, respectively, the International Monetary Fund (IMF) has said. The economic growth will be benefitting from recent

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Indian economy on high growth trajectory: CRU

The Indian economy which is on a path of recovery sinceĀ 2014 will continue to be on a high-growth trajectory this year, says a senior economist with a London-based consultancy CRU. Fundamentals of Indian economy are recovering due to the continued improvement in India’s fiscal and