FCNR(B) net inflows plunge 87% in FY26; banks hike rates to woo NRI deposits | Chennai News

FCNR(B) accounts nosedived to $900 million in FY26 Chennai: After three consecutive years of growth, net inflows under Foreign Currency Non-Resident (Bank) [FCNR(B)] accounts nosedived to $900 million in FY26 from $7.1 billion in FY25. The 87% year-on-year decline, the sharpest since 2022-23, comes despite the rupee weakening over the past year. Meanwhile, major banks…

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AMC revives 26-year-old pre-audit system | Ahmedabad News

Ahmedabad: The Ahmedabad Municipal Corporation (AMC) is set to revive a 26-year-old mandate to dismantle internal cartels. The mandate requires the vigilance department to scrutinise all project files before payments are disbursed. This “pre-audit” system, which was standard practice over two decades ago, is being reintroduced to prevent engineers from certifying their own fraudulent work.The…

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Taylor Swift and Travis Kelce begin pre-wedding celebrations; Rhode Island mansion lights up, while NFL star parties with friends- PICS |

Taylor Swift and Travis Kelce‘s wedding may officially be just around the corner.The star couple, who have had the paparazzi and fans on wedding watch, sparked off a wave of fresh speculation about the big day, after photos and videos from Swift’s Rhode Island mansion began doing the rounds online. While Taylor seemingly kicked off…

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New York mayor Zohran Mamdani pushes to end horse carriage industry after Indian teen Romanch Mahajan’s death

New York mayor, other leaders push to ban horse-drawn carriage rides after Indian teen Romanch Mahajan’s death. The death of 18-year-old Romanch Mahajan, an Indian teen, falling from a Central Park horse carriage, strengthened calls to end the horse carriage industry as there have been eight horse-related incidents in Central Park over the past 13…

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“Life without endeavour is like entering a jewel mine and coming out…”

Japanese proverbs are renowned for conveying life lessons in an easy but powerful way through imagery. They have been handed down from generation to generation and usually highlight virtues like determination, discipline, patience, humility and self-improvement. Most Japanese proverbs are based on life experiences, nature and work. One such attributed Japanese proverb states: “Life without…

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