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RBI eases outward remittance norms, removes prior approval requirement for non-bank entities

The Reserve Bank of India (RBI) on Wednesday removed the requirement for non-bank entities to obtain prior approval for tie-up arrangements to facilitate outward remittance services through banks in India, PTI reported.The central bank also issued a revised operating framework for facilitating outward remittance services by non-bank entities through Authorised Dealer (AD) Category-I banks.“On a…

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Suniel Shetty says granddaughter Evaarah is daughter Athiya Shetty’s 2.0 version, says he’s eager to return home to ‘ghar ki lakshmi’ | Hindi Movie News

Athiya Shetty and KL Rahul embraced parenthood in 2025 with the arrival of their daughter, Evaarah. The couple had shared the happy news through an adorable social media announcement, and ever since, proud grandfather Suniel Shetty has been openly expressing his excitement about this new chapter in his life. In a recent interview, the veteran…

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Pakistan honours Shahid Afridi with Hilal-e-Imtiaz, fourth cricketer to receive honour — Watch | Cricket News

Shahid Afridi became only the fourth Pakistan cricketer to receive the Hilal-e-Imtiaz. Former Pakistan captain Shahid Afridi was conferred the prestigious Hilal-e-Imtiaz on Wednesday, receiving Pakistan’s second-highest civilian honour for his contributions to cricket and his long-standing service to the national team.The award was presented by Pakistan President Asif Ali Zardari during a ceremony at…

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US stock markets today (May 13, 2026): Wall Street trades mixed as inflation worries offset tech rebound

Wall Street traded mixed on Wednesday as another stronger-than-expected inflation report weighed on investor sentiment while a rebound in technology stocks helped limit losses, AP reported.The S&P 500 slipped 0.1 per cent in early trade, remaining close to the record high touched earlier this week. The Dow Jones Industrial Average fell 235 points, or 0.5…

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Tamil Nadu CM Vijay revokes astrologer’s appointment as OSD after allies raise objections | India News

NEW DELHI: Tamil Nadu chief minister Vijay on Wednesday revoked the appointment of his astrologer Radhan Pandit as his officer on special duty.The move came a day after Vijay drew flak from both the opposition and allies over the appointment.Moments after the floor test, the government released a circular which said, “The orders issued regarding…

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Taurus Horoscope Today, May 13, 2026: Income balances expenditure, so you won’t feel squeezed

Steady. That’s your theme. Venus supports you, but with a practical Saturn touch, so the day feels average, not dramatic. You’ll do what’s needed and move on.A planned long journey may get cancelled or postponed, and it might irritate you for a minute. Then you’ll quietly adjust. Use that free time for errands, a pending…

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Tabu opens up on the unfair pressure of ageism women face in cinema: ‘They want to show you the mirror’ |

Tabu recently spoke openly about the unfair pressure women face in cinema regarding ageing, saying, “People are more worried about your age than you are yourself.” She also revealed that she was advised to use “date issues” as an excuse to reject films, but always chose to be honest instead. Tabu has always chosen roles…

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‘Removed for foreign coach’: PR Sreejesh slams Hockey India, asks: ‘Can’t Indian coaches develop hockey?’ | Hockey News

NEW DELHI: Indian hockey icon PR Sreejesh has publicly questioned Hockey India over its continued preference for foreign coaches after revealing that his stint as coach of the junior men’s side has come to an abrupt end.In a strongly-worded social media post, Sreejesh claimed he was removed despite guiding the team to success in every…

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US wholesale prices jump 6% in April, biggest rise since 2022 as Iran war lifts energy costs

US wholesale inflation accelerated sharply in April, with producer prices recording their biggest annual increase since December 2022 as the 10-week Iran war pushed up energy costs and added pressure on companies to raise prices for consumers, AP reported.The US Labor Department said on Wednesday that its producer price index (PPI), which measures inflation before…

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