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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Why are Chinese students carrying baby dolls around school all day: Inside the controversial ‘parenting lesson’ sparking debate online |

An eastern Chinese special education school has become a center of controversy after it introduced an innovative lesson for teenagers that involves carrying baby dolls around the whole day. The special education school in Jiangsu province allegedly employs the technique in order to make the students more empathic and responsible individuals. On one hand, the…

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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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