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A research conducted by Birbal Sahni Institute of Palaeosciences (BSIP) in Lucknow has revealed that mangroves on Indian coasts that act as coastal guards, have considerably shrunken due to climate change. The study claims that by 2070, the <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword>n mangroves will reduce and shift by around 50 per cent, especially in southern India, due to decline in suitable habitats along the east and west coasts of India. Mangroves in the southwest and southeast of the country that cover four states-- Karnataka, <keyword id="20154" type="General" weightage="80" keywordseo="tamil-nadu" source="Orion">Tamil Nadu</keyword>, Kerala and Andhra Pradesh will be in the most vulnerable condition. These coastlines will submerge and the mangroves in the area will degrade more, as compared to other areas. Certain regions like Chilika and Sundarbans along the east coast and Dwarka and Porbandar along the west coast of India are likely to see less reduction and landward shift by 2070 due to the differential response to precipitation and sea level change in different parts of the Indian coastline, said the study. A team of five researchers led by BSIP senior scientist <keyword id="2118811" type="General" weightage="80" keywordseo="jyoti-srivastava" source="Orion">Jyoti Srivastava</keyword> carried out the research on two mangrove species namely Rhizophora mucronata and Avicennia officinalis which are dominating India's coastline. The research has been published in a renowned science journal, Elsevier: Ecological Informatics. "In our study, we took two mangrove species that are dominating the Indian coastline and then we projected and mapped the distribution of these plant species in our country's coastline in past, present and future climate change scenarios," said senior scientist Jyoti <keyword id="5915" type="General" weightage="80" keywordseo="srivastava" source="Orion">Srivastava</keyword> who led the research. BSIP first collected all the available mangrove fossils records that included a collection of pollen records of the two species from around 6,000 years ago to know how these species survived and what its distribution was. The scientists modelled the distribution of these plants in the past with the help of past climate data and validated it through several techniques. Going through the model projection and past records, they found the two mangrove species had comparatively widespread distribution in the Indian coastline and were flourishing well. Thereafter, the team compared it with present mangrove data that was collected through field surveys in mangrove areas along the Godavari, Kaveri and Mahanadi deltas. After analysing both present and past data in the wake of the climate change situation, the <keyword id="12522773" type="General" weightage="50" keywordseo="scientific-institute" source="Orion">scientific institute</keyword> found out that at present, there is too much mangrove degradation. Based on it, the team projected the future mangrove distribution using several future climate change scenario data that indicated that under the highest global warming scenario by 2070, around 50 per cent of mangroves will either vanish or shift from the coastline. "Decline in mangroves at present in comparison to the past is due to the rise in temperature with a decline in precipitation. A decline in temperature leads to high saline conditions along the coastlines making mangroves vulnerable," said Srivastava. She said, "We took these two mangrove species for research as they are amongst the most dominant species that protect our coastline from eroding during natural calamities, like cyclones and tsunamis. If they are reduced, the natural infrastructure that protects our coast and villages located on the coast will be washed away." SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/housing-demand-outlook-2023-interest-rates-global-spillovers-to-play-a-key-role/articleshow/96506159.cms">Housing demand outlook 2023: Interest rates, global spillovers to play a key role</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/thelife/personalities/news/top-five-billionaires-in-2022-elon-musk-gautam-adani-and-bill-gates/articleshow/96509847.cms">After a round of musical chairs, Musk, Gates and Adani are among 2022’s top 5 billionaires</a>

BSIP Study: Mangroves shrinking in India due to climate change

<ul><li>At 7:45 am, the SGX Nifty was up 0.58% at 8.70 points pointing towards a positive start for Nifty50.</li><li>Here’s a list of stocks to watch for in trade today. </li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Amid positive cues from the global peers, Indian stock-market indices are likely to open in green on Tuesday. At 7:45 am, the SGX Nifty was up 0.58% at 8.70 points pointing towards a higher start for Nifty50. On Wall Street, the S&amp;P 500 closed above the 3,400 thresholds for the first time, bolstered by gains in some big tech-related names. The Dow Jones Industrial Average also jumped 378.13 points to close at 28,308.46. These are the stocks to watch out for during the trading session on Tuesday: Future Retail Kishore Biyani-led Future Retail has averted a default as it repaid around $14 million (around Rs 100 crore) interest on foreign bonds to investors. The 30-day grace period for repaying the interest on ‘5.60 per cent Senior Secured Notes due 2025’ was to end on Monday. The shares of Future Retail plunged over 5% on Monday. Adani Enterprises Billionaire Gautam Adani’s Adani Group is in talks to buy out GVK and some of its partners in the Mumbai Airport as it aims to become the country’s biggest private airport operator. Adani Group is in talks to acquire a 50.5% stake held by GVK Group in Mumbai International Airport (MIAL) and another 23.5% of minority partners, Airports Company South Africa (ACSA), and Bidvest Group, two sources with knowledge of the matter told PTI. The shares of Adani Enterprises ended 7% higher on Monday. Axis Bank Axis Bank on Monday said it would acquire 17% stake in Max Life Insurance instead of the 29% proposed earlier as per a revised deal. Axis Bank currently holds about 1 per cent stake in Max Life and is the biggest banking channel partner for the distribution of the insurer’s products. Products sold through the bank reportedly account for 54% of Max Life’s revenues. The shares of Axis Bank ended 2% higher on Monday. GMR Infra GMR Infra board to consider raising of funds of up to ₹5000 crore in one or more tranches, through the issue of securities as an enabling resolution as per the requirements of applicable laws which shall be subject to the approval of shareholders. The shares of GMR Infra ended 5% higher on Monday. Wipro Wipro announced a partnership with Standard Initial Margin Model (SIMM) vendor, Quaternion Risk Management. As part of the deal, Wipro will offer SIMM-in-a-box to financial institutions covered under Uncleared Margin Rules (UMR). The shares of Wipro ended nearly a percent lower on Monday. Allcargo Logistics The promoters of Allcargo Logistics have proposed to delist the company shares as part of its efforts to pare debt, the company said in a stock-exchange filing on August 24. The shares of Allcargo Logistics ended nearly a percent higher on Monday. LIC Housing Finance Mortgage lender LIC Housing Finance reported a 34% jump in its net profit to ₹817.48 crore for the quarter ending June helped by lower provisioning. The total income of the company rose to ₹4,977.49 crore in April-June 2020 from ₹4,807.21 crore in the year-ago quarter, according to a regulatory filing. The shares of LIC Housing Finance ended nearly a percent lower on Monday. JSW Energy JSW Energy said that its Executive Director Jyoti Kumar Agarwal, who is also the Chief Financial Officer (CFO), has tendered his resignation and will step down with effect from September 15. In a regulatory filing, the company said that Agarwal has decided to pursue career opportunities outside the company. The shares of JSW Energy ended 2% lower on Monday. Indian Energy Exchange Indian Energy Exchange (IEX) on Monday said its board of directors had accepted the resignation of its Managing Director and CEO Rajiv Srivastava. The company has given Satyanarayan Goel the additional charge of Managing Director and CEO. “Board of directors of the company at its meeting held today, i.e. August 24, 2020, has approved the resignation of Rajiv Srivastava, Managing Director &amp; CEO of the company, who has tendered his resignation on August 24, 2020, from the board of the company, due to his personal reasons,” the company said in a stock-exchange filing. The shares of Indian Energy Exchange ended a percent higher on Monday. SEE ALSO:<a href="https://www.businessinsider.in/finance/banks/news/axis-bank-trims-its-investment-in-max-life-insurance-from-30-to-18/articleshow/77721249.cms" data-type="tilCustomLink"> Axis Bank trims its investment in Max Life Insurance from 30% to 18%</a> <a href="https://www.businessinsider.in/stock-market/news/airtel-stock-is-getting-knocked-down-as-investors-fear-it-may-have-to-pay-videocons-dues/articleshow/77714933.cms" data-type="tilCustomLink">Airtel stock is getting knocked down as investors fear it may have to pay Videocon's dues</a>

Top stocks to watch on Tuesday— Future Retail, Adani Enterprises, Wipro, Axis Bank, GMR Infra, LIC Housing Finance and more

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BSIP Study: Mangroves shrinking in India due to climate change

IANS

Top stocks to watch on Tuesday— Future Retail, Adani Enterprises, Wipro, Axis Bank, GMR Infra, LIC Housing Finance and more

Navdeep Yadav

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