The UK tax rule on FCNR deposits is weakening their appeal among some wealthy NRIs because overseas interest may be taxed in Britain. Higher Indian returns and the RBI-backed incentive remain attractive, but investors must now compare headline rates with their final post-tax income. UK tax rules are weakening the appeal of Foreign Currency Non-Resident, or FCNR, deposits for some wealthy NRIs, particularly long-term UK residents who may owe British tax on interest

The Odyssey IMAX tickets have appeared on eBay with asking prices reaching $1,000 before Christopher Nolan’s film opens on Friday, July 17, 2026. Limited IMAX 70mm venues, opening-weekend demand and Nolan’s reputation have helped create a costly resale market. Advance sales for Christopher Nolan’s The Odyssey have produced a costly resale market, with tickets for selected opening-weekend IMAX 70mm screenings

The US stock market increasingly supports household retirement savings as Social Security faces long-term financial pressure. Widespread stock ownership, 401(k) dependence and new investment accounts could make a prolonged market crash politically harder for Washington to tolerate. Stock ownership becomes a political force The American stock market is no longer limited to professional investors and wealthy traders. Million

Fidji Simo is leaving her full-time position as OpenAI’s CEO of AGI Deployment after a prolonged health struggle involving postural orthostatic tachycardia syndrome, or POTS. She will remain connected to the company as a part-time adviser while focusing on recovery and neuroimmune research. Fidji Simo steps back from OpenAI leadership Simo announced on July 9 that she would step down from her daily executive responsibili

The FBI 2020 election probe has intensified political tensions in Washington after hundreds of bureau employees were reportedly assigned to support an investigation centred on Georgia. Senate Democrats are questioning the scale, cost and purpose of the operation, while federal officials have released few public details. FBI 2020 election probe mobilises analysts nationwide An internal FBI memo obtained by the Associated Pr

The European Parliament has condemned the alleged abduction, forced conversion and marriage of underage minority girls in Pakistan. EU lawmakers urged Islamabad to strengthen child protection laws, improve access to justice and create a national system for reporting such cases. Forced conversion in Pakistan draws EU criticism The European Parliament adopted

India condemns conflict-related sexual violence at UN India has called for stronger global action against conflict-related sexual violence, describing it as a weapon used to spread fear, suppress communities and deepen humanitarian crises. Speaking during a United Nations Security Council debate in New York, India's Permanent Representative to the UN, Ambassador P. Har

Khamenei burial concludes days of mourning Khamenei burial ceremonies ended on Thursday, July 9, as Iran laid late Supreme Leader Ayatollah Ali Khamenei to rest at the Imam Reza Shrine in Mashhad, one of the holiest sites in Shiite Islam. The burial followed six days of funeral processions across Iran and Iraq, with authorities and state-linked outlets describing mass

The Trump H-1B visa fraud probe has drawn attention after Cognizant was mentioned in connection with whistleblower claims. U.S. labor officials are investigating alleged H-1B and PERM abuse, labor trafficking and possible worker displacement. The Trump administration’s H-1B visa fraud probe has drawn attention after Cognizant was mentioned while U.S. officials described a wider investigation into alleged abuse of employment-based visa programs.

TMC slams ED after Rs 440.42 crore in party accounts frozen The All India Trinamool Congress has strongly criticised the Enforcement Directorate after the agency froze Rs 440.42 crore lying in three HDFC Bank accounts of the party, triggering a fresh political confrontation in West Bengal. The TMC described the action as politically motivated and alleged that investig

Nara Lokesh takes Andhra Pradesh investment pitch to Seoul Andhra Pradesh Minister Nara Lokesh has taken the state’s investment outreach campaign to South Korea, holding discussions with business leaders and pitching Andhra Pradesh as a destination for new projects in technology, electronics, manufacturing and other major industrial sectors. Lokesh’s six-day official visit to South Korea, scheduled from July 5 to

Trump seeks rehearing on citizenship ruling US President Donald Trump said he would immediately ask the Supreme Court to rehear its ruling on birthright citizenship, arguing that the decision could encourage abuse of the immigration system. In a post on Truth Social, Trump claimed that signs and billboards near the southern border and in Mexico were advertising service

A California court has dismissed attempted murder charges against Indian-origin radiologist Dharmesh Patel after he completed a mental health diversion program connected to a 2023 cliff crash in San Mateo County. The case drew national attention after a Tesla carrying Patel, his wife and their two young children plunged about 250 feet off a cliff along the Pacific Coast Highway near Devil’s Slide on Monday, January 2, 2023. All four family m

Andhra Pradesh Chief Minister N Chandrababu Naidu is pushing the state to prepare for a possible future expansion of India’s ethanol economy, calling on officials to encourage investment in ethanol production and related fuel projects. His focus comes as India continues to debate the next phase of its biofuel transition after the nationwide expansion of E20 petrol. Naidu has previously urged the Centre to consider increasing ethanol blending

Andhra Pradesh Minister Nara Lokesh has stepped up efforts to attract fresh manufacturing investment to the state, holding talks with South Korea’s Boo Young Group over a proposed footwear and components production facility. Continuing his South Korea visit on its fourth day, Lokesh met Boo Young Group CEO and President Director Ryan Kang and Business Strategy and Planning Manager Millie Richardson. During the discussions, he invited the company to examine investment opportunities in A

Ireland has approved a ban on goods produced in Israeli settlements in the West Bank and East Jerusalem, marking a sharp political move in its growing dispute with Israel. The measure targets products made in areas that Ireland considers occupied territory and outside Israel’s internationally recognised borders. The direct trade impact is expected to be limited, but the decision carries strong diplomatic weight. Dublin has framed the mov

Vijay government may function without Deputy CM Chennai: Tamil Nadu Chief Minister Vijay’s government could continue functioning without appointing a Deputy Chief Minister, according to reports circulating in political circles. The emerging speculation has triggered discussion about the leadership structure of the administration and whether Vijay intends to retain a highly centralized model of governance under the Chief Mini

Funeral ceremonies for Iran’s late supreme leader Ayatollah Ali Khamenei moved into the holy city of Qom on Tuesday, July 7, as mourners gathered for another major stage of the official farewell. The funeral route has been planned across several religiously significant locations, beginning in Tehran and moving through Qom before expected ceremonies in Najaf and Karbala in Iraq, followed by burial in Mashhad on July 9. The route reflects both state symbolism and Shia re

Chants target Pezeshkian at funeral Hardline supporters of Iran’s Islamic Republic chanted against President Masoud Pezeshkian during the funeral procession for late Supreme Leader Ali Khamenei in Tehran on Monday, highlighting internal divisions over diplomacy with the United States. Videos shared on social media appeared to show mourners shouting “death to compromiser” as Pezeshkian attended the cere

A Bucyrus Ohio train derailment prompted evacuations late Sunday, July 5, 2026, after officials warned of a possible chemical leak from a tanker car. The Norfolk Southern derailment happened around 8:40 p.m. EDT near Whetstone Street and Auto Avenue in Bucyrus, a city in Crawford County, Ohio, according to local officials cited by WSYX. Nineteen train cars came off the tracks, including at least one tanker carrying hydrochloric acid. Bucyrus Ohio derailment leads