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BusinessPhoto: Economic Times

FCNR Deposits Impact Margins of Indian Private Banks

In the second quarter, major private sector banks in India experienced a decline in net interest margins. This was mainly due to the costs linked to foreign currency non-resident (FCNR) deposits. Analysts highlighted that the leveraged nature of these deposits significantly affected bank profitability. Additionally, banks faced margin pressure from faster asset repricing amid falling interest rates.

Economic Times·

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PoliticsPhoto: Deccan Herald

Trump to Start Washington Golf Course Renovation in November Despite Court Order

US President Donald Trump announced that renovation work on the historic East Potomac Golf Links in Washington will begin on November 15, despite a federal judge's order requiring prior court notification. The project, delayed by a lawsuit over environmental and historic preservation concerns, is expected to reopen in about 15 months. The judge previously halted tree removal at the site, calling it "inexcusable."

Deccan Herald··Washington

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SportsPhoto: HT Sports

Bills Safety C.J. Gardner-Johnson Ejected for Alleged Spitting on Brock Bowers

Buffalo Bills safety C.J. Gardner-Johnson was ejected during the Week 6 game against the Las Vegas Raiders after an incident involving Brock Bowers. Midway through the second quarter, a brawl broke out, and videos circulated showing Gardner-Johnson allegedly spitting on Bowers. Although not officially confirmed, commentators and players noted the act, which violates NFL rules and may lead to fines or suspension.

HT Sports·

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WorldPhoto: TOI World

Woman Revisits Former North Carolina School Now Senior Housing

Cassandra Henderson returned to her former school in North Carolina, now converted into Dillard School Senior Apartments. The historic building, once a key institution for Black education, had been empty for 20 years before its transformation. The repurposed facility offers senior-friendly designs and amenities, showcasing adaptive reuse as a solution to housing shortages for the elderly.

TOI World··North Carolina

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EntertainmentPhoto: TOI World

John Legend Donates $500,000 to Revitalize Ohio School Theater

John Legend pledged $500,000 to renovate a former high school auditorium in Springfield, Ohio, now named the John Legend Theater. The venue hosts youth concerts and community events, featuring state-of-the-art production facilities. Legend, who performed there as a child, aims to support arts education and empower local students to showcase their talents since the theater's grand opening.

TOI World··Springfield

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EntertainmentPhoto: NDTV Movies

Tiger Shroff Escapes Unhurt After Mumbai Gunfire Attack

Actor Tiger Shroff escaped unharmed after three men on bikes allegedly fired at his car in Mumbai's Juhu area. His driver was injured. The attack occurred as Shroff was leaving a football ground. A man claiming ties to gangster Lawrence Bishnoi's gang took responsibility. Celebrities Ranvir Shorey and Rahul Dholakia expressed shock and questioned Mumbai's law and order situation.

NDTV Movies··Mumbai

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