Indians' investment in overseas equity and debt markets more than doubled in August, jumping 111 per cent year-on-year to $321.53 million (yaani about $0.32 billion) under the Liberalised Remittance Scheme (LRS), according to data in the Reserve Bank of India's October 2026 bulletin, IANS reported. The same segment stood at $152.18 million in August 2025.
Source: IANS via New Kerala
In August alone, equity and debt investment accounted for about 11.7 per cent of total LRS outflows, up from 5.8 per cent a year earlier, IANS said. On a month-on-month basis, however, the outflow in this category fell 7 per cent, after hitting an all-time high of $460 million in June.
Total outward remittances under LRS rose 3.6 per cent year-on-year to $2,738.58 million (yaani about $2.74 billion) in August, from $2,642.91 million a year ago, and were up 6 per cent from July's $2,582.62 million, according to the RBI data reported by IANS via Tripura Times. In FY26, total outward remittances under LRS were $28,979.36 million.
Source: IANS via Tripura Times
Travel remained the largest component, at $1,630.26 million in August — around 59 per cent of the total — marginally up from $1,618.81 million a year ago and up 11.4 per cent from July's $1,463.11 million. Business travel jumped almost five times, from $10.9 million in July to $51 million in August.
Among other heads, gift remittances rose to $215.72 million from $190.43 million, maintenance of close relatives was $275.43 million against $272.05 million, purchase of immovable property stood at $39.59 million compared with $36.02 million a year ago, and deposits were $50.78 million against $42.75 million. Remittances for medical treatment rose 21.3 per cent year-on-year to $4.84 million, IANS reported.
