Kerala has reached an unprecedented economic landmark as annual remittances from Non-Resident Indians (NRIs), particularly those from Kerala, have surpassed ₹2 lakh crore for the first time. Alongside this, total deposits from NRIs in the state’s banking sector have crossed ₹3 lakh crore, signaling a robust and growing contribution of overseas Malayalis to the state’s financial ecosystem. This financial influx has significantly boosted Kerala’s domestic econo

Mumbai's financial sector has witnessed a significant recalibration as a once-popular deposit product—the Japanese yen (JPY)-linked special deposit—loses momentum following regulatory scrutiny and shifting bank strategies. These fancy financial instruments, heavily marketed to attract non-resident Indian (NRI) funds and appease analysts with attractive yield spreads, are now undergoing a correction. The Reserve Bank of India (RBI) has reportedly advised certain banks to ensure

Travelers flying in and out of New Jersey’s Newark Liberty International Airport may soon experience smoother skies, as the Department of Transportation announces key improvements to communication systems that have recently caused flight issues. For weeks, Newark has dealt with a string of disruptions caused by communication breakdowns between air traffic controllers and pilots. These problems have raised concerns about traveler safety and the efficiency

In a recent address from Morristown, New Jersey, U.S. President Donald Trump reaffirmed his administration's commitment to using tariffs as a tool to boost domestic manufacturing, particularly in sectors such as military equipment and advanced technology. Speaking before boarding Air Force One, Trump clarified that his tariff agenda is not intended to revive traditional textile production like sneakers and T-shirts, but rather to prioritize manufacturing of tanks, artificial intelligence

Many American travelers are rethinking their summer travel plans in 2025 as political tensions and global perceptions shift. Traditionally enthusiastic about overseas travel, one Georgia-based couple had intended to visit South Korea this August, even finalizing their hotel reservations. However, rising unease surrounding U.S. international policies and increasingly strained relations with other nations prompted them to cancel their plans. Instead of jetting off to Seoul, they opted for a dom

In a series of statements that have stirred global business conversations, U.S. President Donald Trump has issued a stark warning to Apple, insisting that the tech giant must manufacture iPhones within the United States if it intends to sell them in the American market. Speaking from the Oval Office while signing multiple executive orders aimed at strengthening the U.S. nuclear power sector, Trump said it is acceptable for Apple to go to India to build plants, but under no circumstances

Memorial Day 2025, observed on Monday, May 26, is not only a time for honoring fallen U.S. military heroes but also a cherished moment for Americans to gather, reflect, and travel. With the long weekend offering a perfect break from routine, Urban Express presents this travel guide featuring top destinations, practical travel tips, and exclusive offers to make your journey smooth and meaningful. Best Memorial Day Weekend Destinations in the U.S. Whether

breaches this week. According to police sources, two separate incidents of trespassing were reported on consecutive days, prompting swift arrests and heightened scrutiny around the Bollywood superstar’s security measures. A man from Chhattisgarh and a woman from Mumbai were apprehended for illegal entry into the high-profile Bandra building, where the actor resides with his family. The first incident took place on May 20, when Jitendra Kumar Singh, a man reportedly from Chhatt

A routine flight from Delhi to Srinagar turned into a traumatic experience for over 200 passengers when IndiGo flight 6E2142 encountered severe midair turbulence caused by an unexpected hailstorm. The incident occurred on Wednesday evening as the aircraft flew into the path of the storm, which later battered the Delhi-NCR region with strong winds, heavy rain, and hail. As the Airbus navigated through the weather system, passengers, including children, began to scream and cry in dist

United Airlines is issuing an apology to passengers traveling through San Francisco International Airport following a wave of flight delays and disrupted meal service tied to a major catering provider transition. The airline recently began shifting its catering operations from its long-time partner to a new contractor, a change that has led to logistical issues affecting dozens of flights. The root of the disruption traces back to March, when more than 800 employees with the airli

The United States Senate has taken a major step toward regulating stablecoins, a rapidly expanding segment of the cryptocurrency market. In a procedural vote on Monday, the Senate voted 66-32 to advance a bill designed to establish a federal regulatory framework for stablecoin issuers, marking a significant development in a legislative process that had previously stalled due to political tensions. Stablecoins are digital currencies tied to tangible assets such as the US dollar or

On May 16, 2025, U.S. President Donald Trump once again reiterated his claim that India had offered a zero-tariff trade deal to the United States, in a move he framed as part of his broader efforts to mediate peace between India and Pakistan. During an interview, President Trump emphasized that his engagement in regional diplomacy and trade had led to a de-escalation of tensions between the two South Asian neighbors. His comments come amid a charged geopolitical backdrop and continuing discussio

In an unusual turn of events, President Donald Trump has found himself at the center of a rare moment of unity across America's deep political divide—only this time, the unity is rooted in criticism rather than support. The issue sparking widespread backlash is the president’s willingness to accept a luxury Boeing 747-8 jet, valued at approximately $400 million, from the royal family of Qatar. Though framed as a gift to the US Department of Defense for inclusion in the Air Force

In a significant move toward strengthening child protection laws in the state, the Texas House has tentatively approved House Bill 168, a proposal aimed at closing legal loopholes that currently allow for child marriages under certain conditions. The bill, authored by Rep. Jon Rosenthal, a Democrat from Houston, passed with a vote of 83-51 and is scheduled for a final vote later this week. If it clears that hurdle, the legislation will advance to the Senate. House Bill 168 would pro

During his recent visit to Saudi Arabia, President Donald Trump announced a landmark $600 billion investment commitment from the Kingdom to the United States, emphasizing a renewed era of economic cooperation and regional diplomacy. The agreement encompasses sectors such as energy, defense, technology, and infrastructure, aiming to bolster both nations' strategic interests and economic growth. In a speech at an investment summit in Riyadh, President Trump highlighted the signi

House Republicans have unveiled a sweeping new tax proposal dubbed the “One Big, Beautiful Bill” aligning with President Donald Trump’s 2024 campaign promises. The bill includes major tax breaks for workers, significant penalties for elite educational institutions, and the introduction of a 5% tax on money transfers sent abroad, a move likely to impact immigrant families across the country. The proposed legislation eliminates federal income taxes on tips and o

President Donald Trump is drawing attention for his possible acceptance of a luxury aircraft from the government of Qatar to serve temporarily as Air Force One, a move that appears to clash with the foundational messaging of his “America First” policy. As the administration continues to urge Americans to prepare for economic restraint and reduced foreign dependency, the idea of the president flying aboard a foreign-donated jet has ignited widespread debate and concern.

Tensions continue to mount along the Line of Control (LoC) as Pakistan has stepped up its shelling of civilian areas in Kashmir, forcing mass displacement across three key border districts. In the wake of heightened military activity, including India’s Operation Sindoor targeting terror infrastructure, Pakistan’s retaliatory shelling has caused panic among residents in Baramulla, Kupwara, and Bandipora districts. Over the past four days, nearly 1.1 lakh villagers have fled their h

In a significant move reflecting the ongoing military and diplomatic tension between India and Pakistan, the Ministry of Civil Aviation announced on Saturday that 32 airports across northern and western India have been temporarily closed for all civilian flight operations until May 15. The Airports Authority of India (AAI), in coordination with relevant aviation authorities, issued a series of Notices to Airmen (NOTAMs) that officially suspend civil aviation activity at these airports, effective

In a moment of deep historical and global significance, Robert Francis Prevost, a 69-year-old Chicago native, has been elected as Pope Leo XIV, the first American to assume the papacy. The announcement has sparked widespread reactions across the United States, particularly from political leaders, with President Donald Trump calling the election a "great honour" and highlighting its importance for the nation. Trump praised the pope’s American roots and said the appo