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Cameron Young came very close to joining LIV Golf back in 2022, and new court papers from the league's bankruptcy case in New Jersey finally show how serious those talks were. A contract list in the Chapter 11 filing includes a "Cameron Young LIV Golf Letter Agreement Dated July 24, 2022," which is marked as "rejected as of September 8, 2026," the exact day LIV Golf filed for bankruptcy. That July 2022 date was just one week after Young finished one shot behind Cameron Smith at the Open Championship at St Andrews. Even with a huge offer on the table, Young chose to stay with the PGA Tour.
In bankruptcy court, rejecting a contract simply lets a company walk away from an old deal. The court list does not say how much money LIV Golf offered Young, what the paper actually promised, or if he ever put pen to paper. Golf Digest reported that the court records show Young signed an intent to join the Saudi-backed league. Still, Young was honest at the 2022 Tour Championship that he was "very interested" in the offer before telling everyone his final choice:
"Frankly, I have decided to stay."
What changed his mind was a players-only meeting led by Rory McIlroy and Tiger Woods that brought bigger prize money and new changes to the PGA Tour. As Young explained back then:
"With some of those changes coming, that's what really helped me decide to stay and pursue those goals that I have for myself, like making the Presidents Cup team or Ryder Cup team and winning a major, when all of that is just uncertain if you go."
Looking back now, staying put worked out great for Young. He made the 2022 Presidents Cup team and went 3-1-0 at the 2025 Ryder Cup at Bethpage Black. He also picked up his first PGA Tour win at the 2025 Wyndham Championship, won THE PLAYERS Championship in 2026, and beat Scottie Scheffler by six shots at Doral, making about $33.3 million since 2023.
On the other side, Saudi Arabia's Public Investment Fund stopped funding LIV Golf, leaving the league owing $7.5 million to Jon Rahm, $5.7 million to Bryson DeChambeau, and $4.8 million to Cameron Smith.
Reserve Bank of India (RBI) Governor Sanjay Malhotra has reaffirmed the central bank's primary objective is maintaining price stability with inflation targeting while supporting long-term economic growth.
Speaking at the NDTV World Summit 2026, Malhotra said India's strong macroeconomic fundamentals continue to support economic activity, with high-frequency indicators pointing to resilient growth across sectors.
“Inflation targeting remains a priority, along with growth,” Malhotra said, reiterating the RBI's commitment to maintaining price stability while supporting the economy.
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He pointed to indicators such as cement and steel sales, credit growth, tax collections and automobile sales as evidence that economic momentum remains intact. According to the RBI governor, growth is broad-based, with activity holding up across several segments of the economy.
Malhotra also said inflation remains within the RBI's tolerance band, although supply-side pressures, particularly from food and fuel, continue to pose challenges to the inflation outlook.
The governor referred to an average inflation projection of 5.1% for the current year, attributing the outlook to supply-side factors. The figure should be verified against the original interview before publication.
On the rupee, Malhotra said the central bank is not targeting any particular exchange-rate level. Instead, its focus is on ensuring orderly conditions in the foreign exchange market, signalling that the RBI's approach is aimed at managing volatility rather than defending a specific currency value.
The governor acknowledged that while domestic demand dynamics remain central to India's monetary policy decisions, persistent external factors will also influence the economic outlook.
The comments come amid an evolving global economic environment, where geopolitical developments, commodity prices and external financial conditions can affect both inflation and growth in India.
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Malhotra reiterated that the RBI remains steadfast in its commitment to achieving price stability, underlining its importance for the economy over the long term.
The NSE Nifty 50 is expected to open mixed to red on Friday, Oct. 23, amid weakness in U.S. markets and a sharp rise in crude oil prices to a five-month high, while technical indicators suggest the benchmark index has key support near the 22,600 zone.
Indian equity benchmarks Sensex and Nifty 50 ended over half a percent lower on Thursday, weighed down by broad-based selling, as persistently elevated crude oil prices and geopolitical tensions continued to dampen investor sentiment.
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The BSE Sensex declined 460.30 points, or 0.62%, to close at 73,249.39, while the NSE Nifty 50 fell 123.70 points, or 0.54%, to end at 22,687.65. The Bank Nifty index settled at 54,925.70, down 51.20 points, or 0.09%.
Nifty ended the session by forming a doji candle with shadows on both sides, indicating indecision among market participants. The index also slipped below its 20-day simple moving average, positioned near the middle Bollinger Band at 22,760.
According to Om Mehra, Technical Research Analyst at SAMCO Securities, immediate support for Nifty is placed at 22,600, followed by 22,480. On the upside, 22,850 remains the immediate resistance level, followed by the psychological mark of 23,000.
"A move above today's high of 22,785 could signal a short-term trend reversal and open the door for a meaningful recovery, with 23,175 as the next resistance," said Nandish Shah, Deputy Vice President at HDFC Securities.
Shah identified 22,500 as the immediate support level for the benchmark index.
GIFT Nifty Futures were up 0.62% to 22,856.
Sudeep Shah, Head of Technical and Derivatives Research at SBI Securities, said the 22,580-22,550 zone is likely to act as a crucial support area for Nifty.
"A decisive break below 22,550 could intensify selling pressure and drag the index towards the 22,400 mark in the near term," Shah said.
On the upside, the 22,820-22,850 zone is expected to act as an immediate hurdle. Any sustainable move above 22,850 would indicate strengthening momentum and could trigger a pullback rally towards the 23,000 level, he added.
Bank Nifty ended the session at 54,925.70, down 0.09%, after forming an indecisive candle with shadows on both sides following a gap-down opening. Although the index recovered from its intraday low of 54,459, it continues to trade below the middle Bollinger Band positioned near 55,150.
According to Om Mehra, immediate support for Bank Nifty is placed at 54,700, followed by 54,500. On the upside, 55,150 remains the immediate resistance level, followed by 55,500.
Sudeep Shah said the 54,400-54,300 zone is likely to act as an important support area for the banking index.
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"A sustained breach below this zone may invite further selling pressure," Shah said.
On the upside, the 20-day exponential moving average zone of 55,300-55,400 is expected to act as a crucial hurdle for Bank Nifty, he added.