Known as the “Amazon of the seas”, the Coral Triangle is a 5.7 million sq. km expanse across the tropical waters of Indonesia, Malaysia, Papua New Guinea, the Philippines, Solomon Islands, and Timor-Leste — and the richest marine ecosystem on the earth.
The Triangle is home to more than three-quarters of the world’s coral species, a third of all reef fish, the vast mangrove forests, and six of the seven marine turtle species. It also sustains the food security and livelihoods of more than 120 million people.
The Reserve Bank of India (RBI) has steadily pared back its forward-dollar short position over the past year, trimming exposure from nearly $90 billion at its peak in February-end to around $53 billion by August-end, latest data by the RBI showed.
The central bank has been taking full delivery of maturing contracts despite external pressures on the rupee.
In early 2025, the RBI’s net short position in the forward book had swollen to $88.7 billion. This came as the central bank intervened in all the three markets to stabilise the rupee and manage persistent capital outflows.
The RBI then began a measured reversal and not a sharp pivot.
Following a five-month streak of rising net short dollar positions in the forwards book through February, the central bank started trimming its dollar exposure in March.
By April, the net short position had already dropped to $72.4 billion, and continued to fall in subsequent months, at $65.2 billion by May. It fell to $60.3 billion by June, $57.9 billion by July,
and $53 billion by August.
“Many short-term contracts matured naturally, and the RBI chose not to roll them over, allowing attrition to do much of the work. In some months, it also reduced positions where market conditions were favourable,” said a senior executive at a brokerage firm.
Hero Future Energies said it has secured Rs 1,908 crore in funding from public lenders State Bank of India and Canara Bank.
These funds will be utilised for the development and construction of a 120 MW renewable hybrid project at Kurnool in Andhra Pradesh, the company said in a statement.
The company has secured funding of Rs 1,908 crore from the State Bank of India (lead) and Canara Bank through SPV Clean Renewable Energy Hybrid Three Private Limited.
The project is contracted with SJVN and integrates wind, solar, and storage technologies to deliver reliable peak power.
With a repayment period of 21 years, the funding will ensure timely project execution and commencement of commercial operation, the company said.
IndusInd Bank Limited's promoter, IIHL Mauritius, on Monday announced that it has acquired 100% stake in Sterling Bank, Bahamas.
Previously, the promoter had acquired 51% stake in the Sterling Bank, Bahamas, in September 2022.
The acquisition was made through IIHL’s wholly owned subsidiary, IIHL (Capital), Mauritius. Following the acquisition, the Sterling Bank will be renamed “IIHL Bank & Trust Limited.”
IIHL Mauritius aims to introduce advanced financial technologies and international market products to better serve its customers.
Recently, IIHL has undertaken a series of strategic including 100% of Reliance Capital Ltd., along with its key subsidiaries/associates in insurance and securities and Reliance Nippon Life Insurance.
Adani Green Energy Ltd, controlled by Indian billionaire Gautam Adani, signed a deal to raise around $250 million from a group of global lenders.
A group of four banks — DBS Bank Ltd., DZ Bank, Rabobank and Bank SinoPac Co Ltd — agreed to extend the credit, proceeds of which will be used to refinance an existing debt
The tenor of the loan is over five years and the interest rate would be around 8.20%
The financing at the renewables unit comes as the conglomerate is aiming to cut its leverage over the next five years and has no plans to issue bonds in international capital markets until 2027. In March, Adani Green refinanced a construction-linked loan for 92.61 billion rupees ($1 billion) with India’s Power Finance Corporation Ltd.
The annual Nobel Week — when the world’s most prestigious prizes for scientific achievement are announced with three scientists — two Americans and one Japanese — sharing the Nobel Prize in Physiology or Medicine for unravelling tantalising aspects of the human immune system.
heir discovery has helped blaze new paths into treating cancer as well as auto-immune disease – a condition by which the immune system ends up harming healthy cells they are meant to protect.
Indian Bank has extended the deadline to invest in its special fixed deposit schemes- 444-day IND Secure and 555-day IND Green. To general citizens, Indian Bank is offering FD interest rates in the range of 2.80% to 6.70%, including special FDs.
Indian Bank special FD deadline and interest rates- The bank has extended the deadline to invest in its special fixed deposit schemes, IND Secure and IND Green, to December 31, 2025, from the earlier cutoff date of September 30, 2025.
Indian Bank is offering a 6.70% interest rate to general citizens on its 444-day special fixed deposit scheme (Ind Secure Product).
The initiative of World Cotton Day was born in 2019, when four cotton producers in sub-Saharan Africa– Benin, Burkina Faso, Chad and Mali, known as the Cotton Four -proposed the World Trade Organization a World Cotton Day celebration on October 7.
During 2 consecutive years, the date offered an opportunity to share knowledge and showcase cotton-related activities.
Cotton is one of the most common fabrics in our wardrobes. It is comfortable, hypoallergenic, breathable and durable.
But cotton represents so much more than just a commodity. This natural fabric is a life-changing product worldwide that sustains 24 million growers (almost half of them women) and benefits over 100 million families across 80 countries in 5 continents.
The President of India, Smt Droupadi Murmu, presented the MY Bharat - National Service Scheme Awards for the year 2022-23 at Rashtrapati Bhavan(October 6, 2025).
The My Bharat-National Service Scheme (NSS) is one of the flagship programmes of the Government of India, which aims to develop the personality and character of students through voluntary community service.
The MY Bharat-NSS Award, instituted by the Ministry of Youth Affairs and Sports in 1993-94, honours and celebrates the outstanding contributions of youth in the fields of social service, community development and nation-building.
Wildlife Week 2025 celebrations were organized by the UM of Environment, Forest and Climate Change, along with Wildlife Institute of India (WII), Indian Council of Forestry Research and Education (ICFRE), Indira Gandhi National Forest Academy (IGNFA) and Forest Research Institute (FRI) at the historic Hari Singh Auditorium, IGNFA, FRI Campus, Dehradun on 6th Oct 2025.
This year's theme is ‘Human-Wildlife coexistence’, keeping in view the incidences of close human-wildlife interfaces over the years and to gather community support so as to enable moving from 'conflict to coexistence'.
The Department of Drinking Water & Sanitation (DDWS), Ministry of Jal Shakti signed a Memorandum of Agreement (MoA) with the Bhaskaracharya National Institute for Space Applications and Geo-informatics (BISAG-N), an autonomous scientific society under the Ministry of Electronics and Information Technology (MeitY), Government of India at CGO Complex, New Delhi.
The partnership marks a significant step towards the development of a GIS-integrated, decision-support platform for the Jal Jeevan Mission (JJM) and Swachh Bharat Mission (Grameen) [SBM(G)] portals. The new platform will enhance data-driven decision-making, planning, monitoring, and evaluation of rural water supply and sanitation initiatives across the country.
Under the agreement, BISAG-N will provide end-to-end support including database design, map creation, data migration, software development, and systems integration. The platform will also incorporate advanced features such as ground control surveying, digital photogrammetry, vector data capture, and thematic mapping.
NSS is a Central Sector Scheme which was launched in the year 1969 with the primary objective of developing the personality and character of the student youth through voluntary community service. The ideological orientation of the NSS is inspired by the ideals of Mahatma Gandhi. True to this spirit, the motto of NSS is “NOT ME, BUT YOU.
The Indo-French Chamber of Commerce & Industry (IFCCI) and the Atal Innovation Mission (AIM), NITI Aayog, Government of India, have officially signed a Statement of Intent (SoI) on the 19th of September 2025.
The signing took place during the 3rd Edition of IFCCI CSR Connect Day 2025, held at the Embassy of France in New Delhi under the theme-“Collaborating for Scale-Cross-Sectoral Partnerships for Sustainable Development.”
The event convened over 100 participants, including Indian and French corporate leaders, diplomats, government representatives, NGOs, and other CSR stakeholders.
The SoI signing marks a significant milestone in promoting STEM education, digital literacy, and innovation-driven learning through strategic collaborations with IFCCI’s extensive Indo-French corporate network.
Since 2023, the IFCCI CSR Department has executed 86 projects for its member companies reaching out to over 15000+ individuals till date. The department is actively supporting its member companies in planning, designing, and executing impactful CSR initiatives across the country.
