FCNR(B) Accounts: Term deposits maintained by Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) in permitted foreign currencies (e.g., USD, GBP, EUR). Since the deposit and interest are held in foreign currency, the exchange rate risk is borne by the bank/RBI, not the depositor.
FOREX Components:
1. Foreign Currency Assets (FCAs)
2. Gold Reserves
3. Special Drawing Rights (SDRs) with the IMF
4. Reserve Tranche Position (RTP) in the IMF
#CA2026
FOREX Components:
1. Foreign Currency Assets (FCAs)
2. Gold Reserves
3. Special Drawing Rights (SDRs) with the IMF
4. Reserve Tranche Position (RTP) in the IMF
#CA2026
Darbhanga, historically known as the ‘city of ponds’
Pond count drop from over 350 (as per the 1969 district gazetteer) to fewer than 100 due to rampant encroachment and construction.
The Bihar Urban Infrastructure Development Corporation (BUIDCO) initiated a ₹70.34-crore rejuvenation and beautification project covering three historically interconnected ponds: Harahi, Dighi, and Gangasagar.
Activists from Talab Bachao Abhiyan (TBA) opposed the project, alleging that laying pathways and filling soil alters the ecological character of the wetlands, violates the Wetlands (Conservation and Management) Rules, 2017, and defies National Green Tribunal (NGT) directives.
TBA petitioned the Supreme Court seeking ecological restoration and reclamation instead of cosmetic beautification.
#BIHARSpecial
Pond count drop from over 350 (as per the 1969 district gazetteer) to fewer than 100 due to rampant encroachment and construction.
The Bihar Urban Infrastructure Development Corporation (BUIDCO) initiated a ₹70.34-crore rejuvenation and beautification project covering three historically interconnected ponds: Harahi, Dighi, and Gangasagar.
Activists from Talab Bachao Abhiyan (TBA) opposed the project, alleging that laying pathways and filling soil alters the ecological character of the wetlands, violates the Wetlands (Conservation and Management) Rules, 2017, and defies National Green Tribunal (NGT) directives.
TBA petitioned the Supreme Court seeking ecological restoration and reclamation instead of cosmetic beautification.
#BIHARSpecial
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The Bihar School Examination Board (BSEB) will replace the word "fail" with "eligible for skills" (kaushal ke liye patra) on Class 10 and Class 12 marksheets starting next year.
#BIHARSpecial
#BIHARSpecial
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India Uzbekistan bilateral ties on the sidelines of SCO Summit
The Public Private Partnership Appraisal Committee (PPPAC) under the Ministry of Finance has cleared six freight railway lines spanning a total of 647 km.
For the first time, Indian Railways will adopt the Hybrid Annuity Model (HAM)—a financing framework widely used in highway infrastructure—to co-share investment costs and operational risks with private builders.
State-Wise Project Breakdown
1. Odisha (4 Lines):
Balaram–Putgadia–Tentuloi (Inner Corridor) — 49.58 km
Budhapank–Tentuloi–Luburi (Outer Corridor) — 112.56 km
Jajpur-Keonjhar Road–Aradi–Dhamara Port — 101.26 km
Tikiri Station to Waltair Bauxite Mines — 48.96 km
2. Telangana (1 Line):
Manuguru to Ramagundam — 207.80 km
3. Jharkhand (1 Line):
Pakur/Nagarnabi to Godda — 126.52 km
For the first time, Indian Railways will adopt the Hybrid Annuity Model (HAM)—a financing framework widely used in highway infrastructure—to co-share investment costs and operational risks with private builders.
State-Wise Project Breakdown
1. Odisha (4 Lines):
Balaram–Putgadia–Tentuloi (Inner Corridor) — 49.58 km
Budhapank–Tentuloi–Luburi (Outer Corridor) — 112.56 km
Jajpur-Keonjhar Road–Aradi–Dhamara Port — 101.26 km
Tikiri Station to Waltair Bauxite Mines — 48.96 km
2. Telangana (1 Line):
Manuguru to Ramagundam — 207.80 km
3. Jharkhand (1 Line):
Pakur/Nagarnabi to Godda — 126.52 km
--> NDMA Assessment: The National Disaster Management Authority identified 195 vulnerable glacial lakes across six Himalayan states and Union territories, categorizing 67 of them as Category A ("very high risk").
--> Central Water Commission Findings: The CWC's June 2026 monitoring report flagged 147 glacial lakes that showed an expansion in water spread over the month, recommending vigorous monitoring
--> Central Water Commission Findings: The CWC's June 2026 monitoring report flagged 147 glacial lakes that showed an expansion in water spread over the month, recommending vigorous monitoring