Sensing a critical need to make its monetary policy effective, the Reserve Bank of India (RBI) has presented a detailed report of an Internal Working Group (IWG), which suggests a sweeping revision of the current liquidity management mechanism. The recommendations are intended to deal with ongoing problems related to managing the short-term interest rates, and providing more stability on the financial markets. This review is taking place at a time when turbulent government cash balances and an uncertain foreign currency forecast have challenged RBI to control systemic liquidity that is vital in relaying policy rate transitions to the rest of the economy.

It is a major diplomatic development that India has been elected as the Chairman of the Executive Board of the Asia-Pacific Institute for Broadcasting Development (AIBD). The election took place at the 23rd AIBD General Conference in Phuket, Thailand where India got the highest votes, and will have returned to this leadership position after almost a decade. This triumph affirms India position in the future of broadcasting in the Asia-Pacific region, and reaffirms the rising status of India in international media regulation.

In the Persian Gulf and the northern part of the Indian Ocean, Iran has carried out a large naval exercise, the Sustainable Power 1404. This two-day exercise is the largest military exercise conducted by the country, since its June 2025 conflict with Israel and is widely viewed as the act to restore military image of the country after that confrontation.

In another radical step, the Haryana government has legally established what a forest should be in the state. This step taken in August the year 2025, is in response to a Supreme Court order but has instantly raised eyebrows over its perceived limited nature especially to the Aravalli ecologically deteriorating region.

NASA, in partnership with IBM, has introduced Surya a new avant-garde open-source artificial intelligence model to transform the forecast of dangerous space weather.

Why Prediction is needed

The Solar eruptions such as flares and coronal mass ejections (CME) form what is known as Space weather, which is a major threat to the modern technology. Clashes can destroy satellites, trip up power grid, interfere with GPS and air travel systems and also put astronauts at risk. Proper forecasting is an important aspect of curbing such risks.