US stock market rally explained: Why did Nasdaq climb 2% to close at a fresh record high?

Economic Times - Sep 22, 2026

Wall Street rallied sharply on Monday, with the Nasdaq gaining over 2% to a record close as easing oil prices and Treasury yields supported sentiment, while chip stocks surged on renewed optimism around AI spending.

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SSB officer removed from service after incorrect information found in declaration; he challenged the action, Allahabad HC orders him to resume duty; know why
Sep 22, 2026
SSB officer removed from service after incorrect information found in declaration; he challenged the action, Allahabad HC orders him to resume duty; know why

A Deputy Commandant with the Sashastra Seema Bal was removed from service after a woman told his department they were married and that he had hidden this while joining the force. The officer challenged the removal in the Allahabad High Court, saying no valid marriage had ever taken place and the claim was made only to pressure him. The Lucknow bench has now quashed the removal order and sent him back to duty, though the period he was out of service will count as no work, no pay.

Bitcoin jumps nearly 5% to cross $85,000 as strong ETF inflows and institutional buying boost crypto momentum
Sep 22, 2026
Bitcoin jumps nearly 5% to cross $85,000 as strong ETF inflows and institutional buying boost crypto momentum

Bitcoin has regained momentum after breaking above key resistance levels, supported by stronger spot ETF inflows, institutional demand and a broader risk-on mood. Analysts expect the rally to face resistance near $89,500, while rising futures open interest and elevated leverage could increase volatility if fresh buying fails to keep pace.

In 1976, New York suspended a tram over the East River because another subway tunnel was too expensive; the Roosevelt Island Tram still links the island to Manhattan
Sep 22, 2026
In 1976, New York suspended a tram over the East River because another subway tunnel was too expensive; the Roosevelt Island Tram still links the island to Manhattan

Constructed in 1976, New York City's Roosevelt Island Tramway began as a temporary fix meant to serve until a new subway line was completed. However, even after the subway’s arrival, local residents advocated for the tram's continued operation. It not only persisted but also received vital upgrades, establishing itself as a unique and useful component of the city’s transport system, still active today.

MLC polls for five seats in Maharashtra on October 23
Sep 22, 2026
MLC polls for five seats in Maharashtra on October 23

The Election Commission of India announced biennial elections for five Maharashtra Legislative Council seats. These elections will fill vacancies arising from member retirements on December 6, 2026. Voting is scheduled for October 23, with results to be declared on October 27. The entire election process will be concluded by October 31. Nominations can be filed until October 6, with withdrawals permitted until October 9.

MLC polls for five seats in Maharashtra on October 23
Sep 22, 2026
MLC polls for five seats in Maharashtra on October 23

The Election Commission of India announced biennial elections for five Maharashtra Legislative Council seats. These elections will fill vacancies arising from member retirements on December 6, 2026. Voting is scheduled for October 23, with results to be declared on October 27. The entire election process will be concluded by October 31. Nominations can be filed until October 6, with withdrawals permitted until October 9.

Quote of the day by Voltaire: ‘Fools have a habit of believing that everything written by a famous author is admirable’ – French philosopher’s lesson on trusting your own taste
Sep 22, 2026
Quote of the day by Voltaire: ‘Fools have a habit of believing that everything written by a famous author is admirable’ – French philosopher’s lesson on trusting your own taste

Voltaire, a key figure of the Enlightenment, inspired his readers to critically evaluate norms and beliefs. His character Pococurante exemplified this by withholding admiration for famous authors unless he had a personal affinity for them. Through satire and storytelling, Voltaire highlighted the follies of society and the pitfalls of blind adherence to opinions.

HDFC Bank shares flat; Q2 results on October 17
Sep 22, 2026
HDFC Bank shares flat; Q2 results on October 17

HDFC Bank shares remained range-bound on Tuesday, with trading activity and the upcoming quarterly results keeping the stock in focus.

Delhi woman dies while taking photo in Uttarakhand’s Chopta; Had told parents she was going to look for a job, found dead in 400-metre gorge
Sep 22, 2026
Delhi woman dies while taking photo in Uttarakhand’s Chopta; Had told parents she was going to look for a job, found dead in 400-metre gorge

Tragedy strikes as a 26-year-old woman is found dead in the picturesque Chopta region of Uttarakhand. Authorities discovered her body in a steep gorge along the popular Chopta-Tungnath trekking trail. Preliminary investigations suggest she may have slipped while attempting to capture the perfect photo. The woman had traveled from Delhi under the pretext of job hunting, prompting her family to report her missing after she did not return.

In 2013, Belfast sculptor Brendan Jamison used 500,000 sugar cubes and help from more than 5,000 visitors to build a miniature city that stayed on view into 2014
Sep 22, 2026
In 2013, Belfast sculptor Brendan Jamison used 500,000 sugar cubes and help from more than 5,000 visitors to build a miniature city that stayed on view into 2014

In 2013, Belfast sculptor Brendan Jamison spearheaded an innovative art project where 5,000 individuals collaboratively crafted a miniature city using sugar cubes over five weeks. This engaging initiative, named Sugar Metropolis, celebrated community spirit and creativity. Displayed at the Ulster Museum, the project drew attention for its unique approach, inspiring Jamison to recreate a similar event in New York City.

11 stocks added by more than 15 MF schemes in August; shares surge up to 240% in CY26
Sep 22, 2026
11 stocks added by more than 15 MF schemes in August; shares surge up to 240% in CY26

Mutual funds added 24 stocks to their portfolios through at least 15 schemes in August 2026, with 11 of these stocks delivering over 25% YTD returns. Welspun Corp and Apar Industries emerged as the top performers, gaining 240% and 126%, respectively.

Jamui: Main accused Nandan Yadav in Bihar minor girl molestation case shot in the leg during police encounter
Sep 22, 2026
Jamui: Main accused Nandan Yadav in Bihar minor girl molestation case shot in the leg during police encounter

Jamui Bihar News: Nandan Yadav, the main accused in the Jamui minor molestation and assault case, was injured in a police encounter on Tuesday and admitted to a hospital with a bullet injury to his leg. Police said the encounter occurred during an operation to arrest him. The case came to light after videos showing the alleged assault surfaced on social media.

Jamui: Main accused in Bihar minor girl molestation case shot in the leg during police encounter
Sep 22, 2026
Jamui: Main accused in Bihar minor girl molestation case shot in the leg during police encounter

Jamui Bihar News: Nandan Yadav, the main accused in the Jamui minor molestation and assault case, was injured in a police encounter on Tuesday and admitted to a hospital with a bullet injury to his leg. Police said the encounter occurred during an operation to arrest him. The case came to light after videos showing the alleged assault surfaced on social media.

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