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Thousands of Indians who move abroad for work, business, or education continue operating their resident savings accounts as if nothing has changed. What most do not realise is that the moment your residential status changes to Non-Resident Indian, continuing to hold that account without converting it is a direct violation of India's Foreign Exchange Management Act -- FEMA. The penalties are not symbolic. They are financially significant and compound every single day you delay.The law is clear: Once you qualify as an NRI under FEMA, your resident savings account must be either closed or converted to an NRO account. There is no grace window for ignorance. Still using your Indian savings account after moving abroad? It is illegal and the penalties are steep

Easter Monday, April 6, 2026, sees most U.S. services operating normally as it's not a federal holiday. Banks, post offices, and government offices generally remain open. Schools' status varies by district, with some potentially closed for spring break. Retailers and transit typically follow regular schedules, though checking ahead is advised.

UCO Bank announced strong financial results for the January-March quarter of FY26. The state-owned lender saw its credit grow by 19 percent to Rs 2.62 lakh crore. Total deposits also rose by 11 percent, reaching Rs 3.27 lakh crore. Low-cost CASA deposits saw an improvement. The bank's total business expanded by 15 percent.

Gold Silver Rate Today Live Updates: Gold and silver are expected to remain moderately bullish in FY27, driven by geopolitical risks, trade tensions and safe-haven demand. While high interest rates may cap gains, strong central bank buying and industrial demand for silver are likely to support prices, despite volatility and recent corrections in bullion markets.

Personal loans have never been easier to get -- a few taps, a quick approval, money in your account. But fast access to debt is not the same as smart access to debt.A personal loan is a tool. Used at the right moment, it solves real problems. Used casually, it creates obligations that outlast whatever you bought. Here is exactly when it makes sense -- and when it doesn't. Banks approve personal loans in hours now. That doesn't mean you should take one

Amidst geopolitical fears, India's market faces a 'buy the dip or wait' dilemma. Expert Jitendra Gohil highlights India's underperformance due to its limited role in global AI and defence booms. He advises accumulating metals, private banks, and electronics manufacturing on dips, while viewing gold as a long-term hedge. Expect range-bound equities for now.