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Sevilla Forum on Debt Launched to Address Global Sovereign Debt Crisis

 

  • The Sevilla Forum on Debt was launched on 22 October 2025 during UNCTAD16 in Geneva to tackle rising global sovereign debt challenges. The initiative is led by Spain, supported by UNCTAD and the UN Department of Economic and Social Affairs (DESA).

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Two Million Deaths in India Linked to Air Pollution in 2023 SoGA 2025 Report

 

  • India recorded 2 million deaths due to air pollution-related diseases in 2023, according to the State of Global Air (SoGA) 2025 report by HEI and IHME, USA — a 43% increase from 1.4 million in 2000.

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Bajrang Setu India’s First 132-Metre Cable Glass Bridge to Open in Rishikesh

 

  • India is set to inaugurate Bajrang Setu, the country’s first 132-metre cable suspension glass bridge, in Rishikesh by the end of 2025. Estimated cost: Rs68–70 crore. It will be Asia’s second cable glass bridge.

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New Banking Rules from November 1 Multiple Nominees Allowed for Accounts and Lockers

 

  • The Finance Ministry has announced that, effective November 1, 2025, customers can nominate multiple individuals for bank accounts, safe custody articles, and lockers under provisions of the Banking Laws (Amendment) Act, 2025.

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Defence Acquisition Council Approves 79000 Crore Procurement to Strengthen Armed Forces

 

  • The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, approved procurement proposals worth Rs79,000 crore to modernise the Indian Army, Navy, and Air Force, supporting the Aatmanirbhar Bharat initiative.

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