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BusinessPhoto: ET MarketsThe Reserve Bank of India recently reduced excess liquidity in the banking system, which had surged due to funds from overseas Indians under the FCNR(B) scheme. To absorb this surplus, RBI used reverse repo auctions and adjusted the cash reserve ratio. When overnight rates rose sharply, the RBI temporarily injected funds to stabilize the market.
ET Markets·
BusinessPhoto: Firstpost WorldCanadian Prime Minister Mark Carney announced an $6.2 billion (8.7 billion CAD) aid package to support Ontario's steelmakers, automakers, and critical mineral sectors. The plan aims to protect Canada's manufacturing from US tariffs imposed by President Donald Trump, which Carney said have disrupted decades-old trade agreements, increased costs for American families, and disadvantaged Canadian businesses and workers. Ontario Premier Doug Ford also supported the initiative.
Firstpost World··Ontario
SciencePhoto: Firstpost WorldA chemical tanker carrying glycidyl methacrylate exploded in Toledo, Ohio, on October 20. The incident caused evacuations and shelter-in-place orders after officials reported a transfer error led to the chemical release. Glycidyl methacrylate is an industrial chemical with significant health risks, prompting emergency responses to protect residents.
Firstpost World··Toledo
WorldPhoto: HT EducationThe Central Board of Secondary Education (CBSE) has not yet released the 2027 date sheet for Class 10 and 12 board exams, scheduled for February 2027. Around 44 lakh students from 8,000 schools in India and abroad will appear. The timetable will include exam dates, subjects, timings, practical exam details, and guidelines. It will be available on cbse.gov.in and cbse.nic.in.
HT Education·
PoliticsPhoto: News18 WorldUS President Donald Trump suggested that Democratic Representative Ilhan Omar of Minnesota could face deportation or jail as federal agencies investigate her naturalisation and immigration status before the midterm elections. Trump accused Omar and others of immigration fraud, calling her dishonest and a disgrace. White House border official Tom Homan said proven allegations could lead to her denaturalisation.
News18 World··Minnesota
BusinessPhoto: News18Hi BusinessOn October 22, 2026, gold and silver prices declined for the third consecutive day. Silver on MCX dropped by ₹4,550 to ₹2,04,618 per kg, while gold fell by ₹1,558 to ₹1,44,521 per 10 grams. International market pressures, Middle East tensions, rising crude oil prices, upcoming US Federal Reserve meeting, and a stronger rupee influenced the fall. Experts advise investors to monitor market trends and economic data for future fluctuations.
News18Hi Business·
ET Markets·
Photo: ET MarketsThe Reserve Bank of India recently reduced excess liquidity in the banking system, which had surged due to funds from overseas Indians under the FCNR(B) scheme. To absorb this surplus, RBI used reverse repo auctions and adjusted the cash reserve ratio. When overnight rates rose sharply, the RBI temporarily injected funds to stabilize the market.
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