Shivakumar Kannan

Spiritual not religious, Cricket Crazy, Free Spirited, No Hypocrisy, Interested in Business, Finance, Technology and Investments RT≠Endorsement.

[Neil Borate @ActusDei]

Why 'Gatecrashing' the FCNR Party is a Bad Idea 🚨

The idea sounds clever on paper. Send money as a 'gift' to your NRI relative via LRS, they park it in an FCNR account earning high dollar returns, and send it back after 5 years. Win-win, right?
Wrong.

1. It defeats the entire purpose of FCNR
FCNR accounts exist to attract genuine foreign earnings into India - NRI salaries, overseas income. Using domestic rupees routed through LRS to fund FCNR accounts is regulatory arbitrage, not investing. RBI designed LRS for legitimate outward remittances, not a round-tripping loop.

2. RBI WILL clamp down
This scheme has existed since 1998 - and every time it scales up, the regulator notices. RBI has sharp eyes for unusual LRS outflow patterns. When inflows into FCNR suspiciously mirror LRS outflows, expect scrutiny, penalties, and rule tightening. You're not discovering a loophole - you're walking into a documented pattern regulators already know about.

3. The relative may never repay
This is the part nobody wants to say out loud. You're trusting a family member with lakhs of rupees across a 5-year horizon. Relationships change. Circumstances change. There's no formal legal contract here - gifting is one-way by definition. If they don't return the money, you have no legal recourse. None.

Bottom line: The returns aren't worth the regulatory risk, the relationship risk, or the legal exposure. If you want dollar-linked returns, there are legitimate products - foreign currency bonds, international mutual funds via LRS.

[Sanjeev Singh @sanjeevsinghx]

There's a frame in Made in India: Titan Story that lasts barely a few seconds. The series keeps its focus on JRD, Xerxes Desai and his team, whose faces we have decided to remember.

But the real story of Titan may belong to the men in that forgotten frame.

First, IAS officer Mahadevan. And then K. Rajaram, Minister for Industries in MGR's Tamil Nadu govt, head of TIDCO. And by the show's own telling - a man who did not trust capitalists. Here was a politician of conviction, suspicious of private capital on principle. And yet, when the Tatas came with a proposal... he said yes.

Why?

Because the deal carried a condition he could not refuse... Hire local. Employ the people of the soil. And so a watch factory rose in Hosur on the backs of a workforce that was barely 10th pass. The Minister set his ideology aside... Not out of weakness, but out of a higher loyalty. To jobs... To livelihoods... To the quiet transformation of ordinary lives.

And transform it did.

Hosur was a border town with an industrial estate and not much else. Titan turned it into an ecosystem. Suppliers. Training centres. Ancillary units. Worker housing. An entire economy spun out of a single anchor. A town became a cluster.... an industrial powerhouse.

In 1984, TIDCO staked ₹10 crore on Titan. 40+ years on, that bet is worth nearly ₹1 lakh crore - close to 1/3rd of Tamil Nadu's projected revenue receipts of ₹3,44,575 crore for 2026-27... Imagine that.

I think about that scene very often... because it echoes something older and closer to home. People of my parents' generation in Bihar tell me they watched the 1982 Asian Games on TV sets built by a Bihar govt PSU. The same PSU once made video equipments too. There was a time when a state could believe in industry... Build it.

And perhaps that is the real lesson buried in that single forgotten frame: a state's destiny is not decided by what it owns, but by what it has the courage to believe in - and the patience to let that belief grow.

[Vala Afshar @ValaAfshar]

This is an example of the best of humanity

[Harsh Mariwala @hcmariwala]

Fascinating to see how innovation can transform what was once considered agricultural waste into a valuable raw material.

This facility in China is processing abaca fibre from banana plants grown in the Philippines into denim.

#innovation #technology #sustainability

[Mumbai Rains @rushikesh_agre_]

Mumbai's water stock now stands at just 13.55%!

No heavy #MumbaiRains expected in coming days of June. Save water 🙏

[Shivakumar Kannan @Skk_83]

This small tempo is risking itself and others

At Mankhurd Link Road

@MTPHereToHelp @mybmc

[Dr MuVenda @Ndi_Muvenda_]

In Kruger National Park, South Africa, veteran ranger Sipho Nkosi suffered a heart attack while on solo patrol. His vehicle was found empty, and search teams began looking for him.

What the park’s remote trail cameras revealed broke the hearts of everyone who saw the footage.

An old bull elephant — known to rangers as “Mnumzane” (Zulu for “Sir”) — had found Sipho’s body. For three full days and nights, the elephant refused to leave. He stood guard, gently touching the ranger with his trunk, chasing away hyenas and jackals that came too close, and even covering parts of the body with branches and leaves.

On the third night, the elephant was still there — visibly grieving, swaying slowly beside his fallen friend. Only when the full recovery team arrived with vehicles did Mnumzane finally step back, watching solemnly as they carried Sipho away.

Park officials later confirmed that Sipho had rescued this same elephant as a calf years earlier after poachers killed his mother. The elephant had never forgotten.

One colleague who viewed the footage whispered:

“He didn’t come to say goodbye. He came to make sure no one disrespected his brother.”

Mnumzane still visits the exact spot regularly. Rangers now leave fresh water and fruit there in honor of both.

[Black Hole @konstructivizm]

A social experiment was conducted to determine who would complete the task faster: humans or ants?

You say humans are the most intelligent species on Earth? Well, well...

[UFO mania @maniaUFO]

For a few minutes each year, sunlight makes this Yosemite waterfall look like a river of fire.😍

[anand mahindra @anandmahindra]

When I saw this video, my first thought was that the earth, very often, sends us messages.

This tree, facing constant winds, is still standing, & has neither fallen nor been uprooted.

Instead it’s been shaped by it.

And developed its own unique aesthetic & identity.

We have to recognize & accept that tough times & tragedies are part of the journey.

They don’t define us, they simply give us our own unique personalities & capacities…

#MondayMotivation

[Curiosity @CuriosityonX]

Look at this number: 3,200,000,000,000.

That's how many planets exist in our galaxy alone.

If you tried to count them — one per second, every second, never stopping — it would take you over 100,000 years.

That's just in one galaxy.

There are 2 trillion more galaxies.

[Mumbai Rains @rushikesh_agre_]

Upcoming weekend looks hot for Mumbai. Interior parts of MMR will be around 42-45°C especially during Friday-Sunday timeline. Stay hydrated, Mumbaikars!

8-10 May, 2026 🌡️

Mumbai :
City 33-35°C
Suburbs 37-39°C

Thane 38-40°C
Navi Mumbai 39-40°C
Kalyan & interiors 43-45°C

[anand mahindra @anandmahindra]

The results of the recent state elections have been dramatic by any measure.

But for me, this image will remain the most unforgettable outcome of the elections.

More than 166,000 votes were cast between the two leading candidates in this constituency in Tamil Nadu.

And history was changed by just one vote.

This image should be shown in every school in the country & perhaps around the world.

So that every child understands that when they grow up, the greatest power they may possess is the Power of One.

The power of their one vote.

[IndianPremierLeague @IPL]

SHREYAS IYER, WHAT HAVE YOU DONE!! 🤯

🎥 One of the best catches you would see in the #TATAIPL history 🔥🔥

Updates ▶️ https://t.co/Fn2dxJ4zYR

#KhelBindaas | #MIvPBKS | @PunjabKingsIPL

[Right Singh @rightwingchora]

Louis Vuitton stole the logo from India’s ancient temple

[ÉlyséeCricket @CricketElysee]

Glenn Phillips’ Craziest Catches Ever 🤯🔥

Which One Blew Your Mind?

[Mumbai Rains @rushikesh_agre_]

🚨 Next 2 weeks are going to be very hot for Indian Subcontinent 🌡️

South India also at 42-45°C 📈📈
Mumbai at 35-37°C 📈

[Shivakumar Kannan @Skk_83]

Absolutely, true! The last time I was drawn to watch a young prodigal batsman by leaving everything aside was when @sachin_rt would be at the crease.
No, I'm not comparing him to @sachin_rt. But, he's having the same impact on me as a cricket aficionado! 😃
Exciting Talent! 👌

[Shashi Tharoor @ShashiTharoor]

Ah! @Vaibhavsooryava is just out, caught by @imVkohli. May as well start doing other things now, like tweeting!

It is truly a marvel to witness the meteoric rise of young Sooryavanshi. Watching this 15-year-old phenom at the crease is a masterclass in the evolution of the game.
The sheer bat speed he generates, coupled with an almost supernatural sense of timing and raw power, is nothing short of breathtaking. He isn't just playing cricket; he is fundamentally redefining the art of batting for a new generation.
Whenever he takes strike, the world outside simply ceases to exist: I find myself dropping everything just to catch every delivery. We are watching a rare, generational talent unfold before our eyes. Truly exhilarating!
#IPL2026

[Mumbai Rains @rushikesh_agre_]

Pune/Maharashtra ❌
Switzerland ✅

[ANI @ANI]

#WATCH | Mumbai, Maharashtra: The Indian Institute of Technology (IIT) Bombay has developed an indigenous technology to combat the rising prices and potential shortages of LPG (cooking gas). Through its patented biomass gasification technology, the institute has successfully converted dry leaves into cooking fuel. This technology is the culmination of nearly a decade of research, which began in 2014 under the leadership of Professor Sanjay Mahajani.