# Indians cut overseas travel spending to $1.09 bn in March 2026-08-09T10:08:22+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Overseas travel spending by Indians fell by $212.43 million to $1.09 billion in March compared to February, according to Reserve Bank data. The overall outward remittances under the Liberalised Remittance Scheme stood at $2.59 billion in March, with travel taking the largest share. Education-related spending abroad was $450.16 million in March, while maintenance of close relatives cost $389.78 million. Indians invested $440.22 million in equity and debt instruments overseas, up sharply from $265.99 million in February. For the full financial year 2024-25, total outward remittances reached $29.56 billion, with travel accounting for $16.96 billion. ## Coverage - millenniumpost.in Tags: Indian economy, LRS, outward remittance, overseas travel, RBI, remittances Canonical: https://indianopinion.org/indians-cut-overseas-travel-spending-to-1-09-bn-in-march/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/indians-cut-overseas-travel-spending-to-1-09-bn-in-march/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.