Central Park

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

8 Stories Indexed

Last Updated: Just Now

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Clean Energy & Climate Transition 04 Oct 2026, 09:38 PM IST

A Vast Ocean Graveyard Is Becoming a Climate Test Case for Reuse and Recycling

A sprawling artificial reef off the coast of Florida, larger than Central Park and lying about 24 metres below the surface, has become an unexpected focal point in the debate over marine conservation, waste management and climate-era reuse. The site, built from hundreds of retired subway cars and a handful of military tanks, illustrates how discarded industrial material can be repurposed — but also raises hard questions about long-term environmental oversight.

By RDU Global Wire5 min read

Startups & Venture Capital5h ago

IIT-Madras Deep-Tech Fund Closes First Rs 450 Crore, Backing Frontier Startups in Defence, Space and AI

The IIT Madras-led Unicorn Frontier Fund has reached a Rs 450 crore first close, marking a major early milestone for its Rs 1,000 crore deep-tech investment vehicle. Backed by alumni, family offices, institutions, corporates and banks, the fund has already deployed capital into four startups working on rocket engines, air-quality technology, quantum instrumentation and energy storage.

5 min readRead →

Global Markets & Equities7h ago

RBI to Drain Rs 2 Trillion in Overnight Liquidity via VRRR Auction on September 28

The Reserve Bank of India will conduct an overnight Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility on September 28, 2026, offering to absorb up to Rs 2,00,000 crore from the banking system for one day. The move signals the central bank's continued active management of short-term liquidity as it reviews evolving money-market conditions.

5 min readRead →

Banking, Fintech & Insurance7h ago

RBI Announces Rs 24,000 Crore Treasury Bill Auction Across 91-, 182- and 364-Day Papers

The Reserve Bank of India has announced an auction of Government of India Treasury Bills worth Rs 24,000 crore, split across 91-day, 182-day and 364-day maturities, with settlement set for October 1, 2026. The sale will use a price-based multiple price method and will be open to competitive and non-competitive bidders, including retail investors through the RBI Retail Direct portal.

5 min readRead →

National Governance & Policy1h ago

Karnataka courts Singapore capital as Patil pitches deeper ties in aerospace, chips and data centres

Karnataka is stepping up its push to attract Singaporean investment, with Industries Minister MB Patil holding talks with Singapore Minister of State for Trade and Industry Gan Siow Huang on expanding cooperation across advanced sectors. The discussions highlighted opportunities in aerospace, defence, semiconductors, aviation MRO and digital infrastructure, with CapitaLand Investment and ST Telemedia Global Data Centres signalling further interest in the state.

4 min readRead →

Startups & Venture Capital2h ago

IIT Madras, Unicorn India Ventures Close First Rs 450 Crore Deeptech Fund

IIT Madras, IIT Madras Research Park and Unicorn India Ventures have announced the first close of their deeptech-focused IITM Unicorn Frontier Fund I at Rs 450 crore, setting up one of India's most targeted early-stage technology vehicles. The fund has already deployed nearly Rs 55 crore across four startups and aims to back 25 companies in sectors ranging from defence tech and spacetech to semiconductors, robotics and healthtech.

5 min readRead →

Startups & Venture Capital8h ago

China's Local Governments Race to Turn AI Video Into a New Industrial Engine

China is rapidly transforming AI-generated video from a niche creative tool into a state-backed industry, with cities from Shenzhen to Beijing offering subsidies, cheap rent and computing support to lure filmmakers and startups. The push mirrors Beijing's broader industrial policy model, but early signs of overcapacity and falling prices suggest the sector may soon face the same pressures that have hit other heavily subsidized industries.

6 min readRead →

India Sports & Cricket11h ago

India's Asian Games Surge Gathers Pace as Women's Cricket Seals Historic First Gold

India's campaign at the 2026 Aichi-Nagoya Asian Games accelerated over the weekend with a landmark gold in women's cricket, a silver in the men's marathon and another kabaddi title, lifting the country to 11th on the medals table with 28 medals. Strong performances also came in squash, shooting, athletics, table tennis, wushu and weightlifting, underscoring one of India's most varied multi-sport hauls in recent Asian Games history.

5 min readRead →

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Florida(1)BBC Wildlife Magazine(1)