Spending abroad by Indians falls to two-year low as foreign education outgo plummets

Analysis of data on the outward remittances under the RBI’s Liberalised Remittances Scheme (LRS), shows that the other driver of the fall in overall remittances in November 2025 was a fall in the amount spent on foreign travel

Jan 22, 2026 - 20:30
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Spending abroad by Indians falls to two-year low as foreign education outgo plummets
Analysis of data on the outward remittances under the RBI’s Liberalised Remittances Scheme (LRS), shows that the other driver of the fall in overall remittances in November 2025 was a fall in the amount spent on foreign travel

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