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The Reserve Bank of India's heavy intervention in foreign exchange markets has drained close to $20 billion from the country's surplus liquidity, according to bankers. The central bank has been selling dollars to support the rupee, absorbing rupee funds in the process and tightening cash conditions in the banking system.

Anker's iPhone power bank, which includes a built-in foldable stand, is being offered at $26 today, a discount of nearly 50% off its usual price. The deal is being highlighted by tech deal trackers, with shoppers urged to act quickly as限时 pricing on popular charging accessories often expires within a day.

BioTechniques takes a closer look at MFASS, a framework that runs three different splice-variant ranking methods and examines how their top-100 outputs compare. The piece explores what each ranker prioritises and how their results differ when predicting which splice variants matter most. It is part of the outlet's 'Peek behind the paper' series, in which researchers explain the reasoning and decisions behind recently published work.

St. Louis Fed President Alberto Musalem, a voting member on the rate-setting committee through 2028, said central bankers do not need to make promises about future policy, but should explain clearly how and why decisions are made. His remarks feed the ongoing debate about how much forward guidance the Federal Reserve owes markets and the public, especially as officials weigh the path of interest rates.