'ISRO's style is a terrific example of being able to survive, acknowledge failures, and then most importantly of all, learn from them to ensure that subsequent missions are successful.'
The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the continued red tape has kept the enterprise system as stifled as before, points out Debashis Basu.
Private credit is fast emerging as a major source of finance for projects in India as several entrepreneurs are looking for short-term debt to bridge the funding gap due to difference in pricing for equity dilution, top officials at PwC India said. They said while new private equity (PE) investments during the past two years have declined, several public market exits by PEs were observed during that period. Several companies are likely to approach capital markets in the near future to provide liquidity to PE fund investors.
As Singapore, New York and Melbourne have shown, cities can mitigate the impact of heatwaves if they have the will to create green infrastructure, explain Amit Kapoor & Bibek Debroy.
'It is time we Indians learnt to believe in ourselves, and stopped questioning our own capabilities every time a space launch is not a glorious success,' says M D Riti.
ISRO chairman S Somanath said the success gave the space agency "greater confidence," as the GSLV will be next deployed in the NISAR mission, a collaborative effort with the US' NASA.
His statement came a day after the ISRO successfully launched its TV-D1 test vehicle ahead of the human space flight mission Gaganyaan.
IAF's four fighter pilots undergoing rigorous training for the landmark Gaganyaan mission, and who earned the 'astronaut wings' on Tuesday, have a stellar resume. They have a flying experience in the range of nearly 2,000-3,000 hours and two of them are recipients of the prestigious 'Sword of Honour'.
The test vehicle development flight (TV-D1) will be conducted at the Satish Dhawan Space Centre in Sriharikota in Andhra Pradesh to test the crew module that is scheduled to house Indian astronauts during the human spaceflight late next year.
The increasing involvement of Big Tech in the financial system could give rise to concentration risk and there are potential spillovers, which call for closer attention, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday. "...enormous amounts of consumer data is being generated and leveraged upon by a few entities (the so-called Big Tech) by virtue of their huge customer base. "Such developments raise concerns on concentration risk and potential spillovers as their level of engagement with the financial system strengthens in the years to come," Das said at the Global Fintech Fest 2022.
Modi's inability to make peace with a renewed Opposition will only embolden his coalition partners and it is just a matter of time before they begin asking probing questions besides politely disagreeing with his tactics, predicts Nilanjan Mukhopadhyay.
'Religion and extremism is going to be a big force, a very important force, in Bangladesh's politics.'
In mid-March this year, the finance ministry asked state-run banks to review their gold loan portfolio for the two-year period between January 1, 2022, and January 31, 2024. This business had grown at a fast clip. Reserve Bank of India (RBI) data has it that it grew 15 per cent to Rs 1 trillion in FY24. Now, in recent times, any kind of exuberance in financial services has seen the authorities swoop down - be it pushing the lines on governance or unsecured credit.
'When the Americans are talking about colonising Mars by 2030, India cannot be lagging behind.'
Finance Minister Nirmala Sitharaman on Tuesday announced income tax relief for the middle class, a Rs 2 lakh crore outlay for job creation schemes over the next five years and a spending splurge for states run by her party's new coalition partners as she unveiled the Modi 3.0 government's first budget after the general elections.
Bharti Global is planning to put up more satellites and has set a stiff deadline to launch commercial Internet services by October in the UK, Alaska, northern Russia and northern Europe.
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
Please promise, especially those millions who trust you with their hard-earned money, never to let your voting preferences determine your actions on the markets. The most appalling and scary phenomenon was fund houses and brokerages going out on election yatras and writing copious reports promising more than 300 for the BJP. That was your wish as voters. Your investors are paying for it now, points out Shekhar Gupta.
In March 2021, Ola Electric founder Bhavish Aggarwal was seen surveying an empty 500-acre land surrounded by shoe factories, temples, bakery shops, coconut trees and dusty roads in Pochampalli town of Krishnagiri district, Tamil Nadu. Many excavators and workers were busy at the construction site to build the Ola Futurefactory for electric vehicles.
Amphibious drones for maritime inspection... devices that extract pure oxygen from water for patients in need... self-balancing electric bikes...
'If you shout at me, I will not take it.' 'If you jump on me and pounce on me or physically come too close to me, that's not acceptable.'
The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.
Tata Power on Saturday said it has inked a pact with IIT Delhi to work together on clean energy and other projects that can be transformed from research and development level to pilot stage. Tata Power, one of India's largest private sector integrated utilities, and the Indian Institute of Technology (IIT) Delhi have signed a Memorandum of Understanding (MoU) to collaborate in areas like smart grid technology, clean energy solutions, a company statement said. Considering the large number of experts with their excellence in different fields in IIT Delhi and Tata Power, there is an immense potential to collaborate between academia, research and domain experts from business with a high transformational impact, it added.
Asokan said Ramdev went against the medical profession by saying "modern medicine is a stupid and bankrupt science".
The Lagrange point 1 (L1) of the Sun-Earth system is about 1.5 million km from the Earth. It is about one per cent of the total distance between the Earth and the Sun.
Rahul Dravid's tenure as India Head Coach, which ended gloriously with the T20 World Cup triumph in Barbados on Saturday, will remain a case study on how to be stately and understated at the same time in modern-day cricket coaching.
Prime Minister Narendra Modi on Friday received Bhutan's highest civilian award, the 'Order of the Druk Gyalpo', making him the first foreign Head of the Government to receive the honour.
'If you take any ministry of defence project, Nibe is up there, getting orders.'
'That is a significant milestone for us and something we aspired for.'
'The private sector believes that some enablers in labour-intensive sectors like apparel, toys, tourism, and media retail, can unlock a lot of jobs.'
He said the test vehicle is ready at Sriharikota and the assembly work of the crew module and crew escape system has also begun.
'It will be difficult to challenge Hindutva anymore as the police will have the power to charge you as anti-national.'
The rover will carry out in-situ chemical analysis of the lunar surface during the course of its mobility.
Engineering conglomerate Larsen & Toubro (L&T) is preparing the ground to begin the commercial sale of electrolysers in September, which would be 50 per cent cheaper than its European counterparts, a senior company executive has said. An electrolyser is a key equipment required for the generation of green hydrogen. Last quarter, L&T manufactured its first electrolyser as a prototype.
Inequality in India has skyrocketed since early 2000s, with the income and wealth share of top 1 per cent population rising to 22.6 per cent and 40.1 per cent, respectively, in 2022-23, according to a working paper. The paper titled 'Income and Wealth Inequality in India, 1922-2023: The Rise of the Billionaire Raj' said between 2014-15 and 2022-23, the rise of top-end inequality has been particularly pronounced in terms of wealth concentration.
'I felt more deeply moved by my character Mahima than I have with any other character.'
Chari, 43, will serve as the commander while NASA's Tom Marshburn will be pilot and ESA's Matthias Maurer will serve as a mission specialist for the SpaceX Crew-3 mission to the ISS, which is expected to launched next year.
'Yes, the playing conditions still vary over time. But you're still in control of what sort of works for you on a pitch. So, you might play on a new hybrid pitch for one game.'
Once ISRO masters the technology to send humans into space, the next step will be experimenting with technologies allowing humans to live in space.
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