NRI Banking Update: India’s RBI eased rules on FCNR(B) deposits, letting banks attract more overseas savings (potentially $35B–$40B), a move aimed at boosting foreign-currency inflows and easing rupee pressure. Household Finance: A new push to “park less” cash highlights the risk of keeping too much in low-yield savings as inflation quietly erodes purchasing power. Consumer Protection: UK regulator CMA ordered Marks Electrical to refund about 40,000 customers after it pre-selected paid add-ons at checkout, with average refunds around £15. Market Mood: UK retail sales volumes rose 1.2% in May, but consumer confidence stayed flat and younger shoppers grew more pessimistic. Tech Stocks Hit: India’s IT stocks slid after Accenture’s cautious demand outlook, dragging broader benchmarks. Wealth & Policy Debate: Bernie Sanders’ AI ownership proposal would fund $1,000 annual payments via a government-managed sovereign wealth fund holding 50% stock stakes in major AI firms. College Sports Money Rules: The Protect College Sports Act cleared a key Senate committee vote, setting up limits on athlete pay and transfers and moving toward a full Senate vote. Wealthiest Minds: Standard Bank’s report spotlights how Africa’s richest build fortunes, focusing on mindset over headline numbers.