RBI bond sales, FX intervention help halve India's cash overhang

Economic Times - Sep 22, 2026

Sustained Reserve Bank of India action through bond sales, foreign exchange swaps, and rupee defence has helped more than halve the banking system's liquidity surplus, bankers said.

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Trump and Xi see tensions flare over AI, trade and Iran but still seek stability
Sep 22, 2026
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Trump and Xi are set to meet in Washington as the US-China relationship remains marked by intense competition over AI, trade and technology. The leaders are expected to seek stability rather than a major breakthrough, with Iran, Taiwan and tariffs also on the agenda.

Calcutta HC dismisses 'sand mafioso' Tulu Mondal's revisional petition against arrest warrant
Sep 22, 2026
Calcutta HC dismisses 'sand mafioso' Tulu Mondal's revisional petition against arrest warrant

The Calcutta High Court dismissed Tulu Mondal's plea against his arrest warrant. Police seized nearly fifty crore rupees in cash and gold from an associate. Mondal left India before the criminal case was initiated by authorities. The court found no fault with the arrest warrant issued for investigation.

Calcutta HC dismisses 'sand mafioso' Tulu Mondal's revisional petition against arrest warrant
Sep 22, 2026
Calcutta HC dismisses 'sand mafioso' Tulu Mondal's revisional petition against arrest warrant

The Calcutta High Court dismissed Tulu Mondal's plea against his arrest warrant. Police seized nearly fifty crore rupees in cash and gold from an associate. Mondal left India before the criminal case was initiated by authorities. The court found no fault with the arrest warrant issued for investigation.

SC seeks Centre's response on Carnatic musician's plea challenging penal protection for Vande Mataram
Sep 22, 2026
SC seeks Centre's response on Carnatic musician's plea challenging penal protection for Vande Mataram

The Supreme Court on Tuesday asked the Centre to respond to a plea by Carnatic musician T M Krishna challenging penal provisions linked to singing Vande Mataram, while indicating that its 1986 Bijoe Emmanuel judgment should protect conscientious objectors from criminal consequences.

SC seeks Centre's response on Carnatic musician's plea challenging penal protection for Vande Mataram
Sep 22, 2026
SC seeks Centre's response on Carnatic musician's plea challenging penal protection for Vande Mataram

The Supreme Court on Tuesday asked the Centre to respond to a plea by Carnatic musician T M Krishna challenging penal provisions linked to singing Vande Mataram, while indicating that its 1986 Bijoe Emmanuel judgment should protect conscientious objectors from criminal consequences.

'It's going good, players are also happy': IOA President PT Usha says accommodation issues resolved at Asian Games
Sep 22, 2026
'It's going good, players are also happy': IOA President PT Usha says accommodation issues resolved at Asian Games

Indian Olympic Association (IOA) President PT Usha on Tuesday said the accommodation-related problems faced by the Indian contingent during the initial days of the Asian Games 2026 in Nagoya have been resolved, adding that athletes are now comfortable and enjoying the Games.

Labourers least paid, cared for; society undervalues physical work: Delhi HC
Sep 22, 2026
Labourers least paid, cared for; society undervalues physical work: Delhi HC

The Delhi High Court noted labourers are least paid and cared for in India. The court modified a conviction for assaulting a labourer who objected to nuisance. The offender's sentence was reduced from five years to three years imprisonment. This modification occurred as the intention for attempt to murder was not established. The incident took place in March 2002, and the case was decided recently.

Labourers least paid, cared for; society undervalues physical work: Delhi HC
Sep 22, 2026
Labourers least paid, cared for; society undervalues physical work: Delhi HC

The Delhi High Court noted labourers are least paid and cared for in India. The court modified a conviction for assaulting a labourer who objected to nuisance. The offender's sentence was reduced from five years to three years imprisonment. This modification occurred as the intention for attempt to murder was not established. The incident took place in March 2002, and the case was decided recently.

PM Modi greets Indian women's cricket team for clinching gold at Asian Games
Sep 22, 2026
PM Modi greets Indian women's cricket team for clinching gold at Asian Games

The Indian women's cricket team secured a gold medal at the Asian Games. They defeated Sri Lanka by 147 runs in the final match. Prime Minister Narendra Modi congratulated the team on their significant achievement. This victory marks India's first gold medal of the current tournament. The team's performance has made the nation proud and inspired young athletes.

Capri Sports enters 15-year partnership with AIFF for IWL, IWL 2 commercial rights
Sep 22, 2026
Capri Sports enters 15-year partnership with AIFF for IWL, IWL 2 commercial rights

Capri Sports has signed a 15-year partnership with the All India Football Federation (AIFF) to commercialise and market the Indian Women’s League (IWL) and IWL 2. The partnership aims to build women’s football in India through stronger clubs, greater fan engagement, broadcast and digital growth, brand investment and player development. Capri Sports will also connect its Nova Sports grassroots initiative with elite competition.

Ind vs JPN T20 wide controversy explained: India escapes shocking defeat against Japan. What happened in final over, what ICC rule says?
Sep 22, 2026
Ind vs JPN T20 wide controversy explained: India escapes shocking defeat against Japan. What happened in final over, what ICC rule says?

India beat Japan by two runs in a historic five-over T20I. Here's what happened during the controversial Axar Patel wide call, why the decision was overturned and what ICC rules say.

Andy Burnham seeks common ground with Trump at UN, pitches UK as major AI player
Sep 22, 2026
Andy Burnham seeks common ground with Trump at UN, pitches UK as major AI player

British Prime Minister Andy Burnham meets President Trump and addresses the UN General Assembly. He will urge increased US support for Ukraine and discuss Middle East conflicts. Burnham also plans to signal Britain's move beyond Brexit-related discord with Europe. Limited military support for Saudi Arabia was announced to counter Houthi rebel attacks. The leader aims to present a hopeful vision for Britain's global role.

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