In the June quarter of FY24, 51 per cent of consumers who took small-ticket personal loans already had more than four credit products at the time of accessing yet another new loan, compared with just 17 per cent in the June quarter of FY20, points out Tamal Bandyopadhyay.
India's leading capital goods and engineering firms are in the midst of one of their busiest seasons, with the combined orderbook surging past Rs 8 trillion in value. As on September 30, 2023, 13 of India's top 15 listed capital goods and engineering firms, for which data for the September 2023 quarter was available, had a total orderbook worth Rs 8.45 trillion - a number unseen at least since 2018-19. "This intuitively looks like an all-time high factoring in inflation," said Anupama Arora, a senior independent analyst who tracks the capital goods sector.
We did increase our probability of weather prohibiting a [Kennedy] launch to 60 per cent,
'There is a view that there is a Pakistan angle to this.' 'Pakistan has a large presence in Qatar and would want India to be blacklisted.'
The Artemis I flight test is an uncrewed mission around the Moon that will pave the way for a crewed flight test and future human lunar exploration as part of Artemis.
The planets closely circle a dwarf star named Trappist-1, which at 39 light years away makes the system a prime candidate to search for signs of life.
Even if no statistical jugglery is afoot, only to warn that the 'noise' in the numbers should be eliminated in order to hear the underlying music, without distortion, warns T N Ninan.
Crew from a United States segment of the International Space Station was recently moved after gas leak alarm went off. Though the members were evacuated post the ammonia leak scare, it turned out to be a false alarm due to some computer problem according to Nasa officials, the BBC reported.
The first C-295 aircraft was inducted into Squadron No. 11 of the IAF. It is one of the oldest squadrons of the Indian Air Force (IAF) and is currently based at Vadodara Air Force Station.
The power drop led to a temporary loss of ISS communications and the shutdown of heating units, some science equipment and one of three operating US gyroscopes used for attitude control.
Renault has launched limited edition versions of its three bestsellers -- the Kwid, Kiger, and Triber -- called the Urban Night.
The auger machine was facing repeated obstructions in the rubble in the past few days.
The Reserve Bank on Monday advised banks to provide shade from the sun and water to customers waiting to exchange or deposit Rs 2,000 notes. It can be noted that during the note ban in 2016, there were allegations of customers dying while waiting in queues to exchange bank notes. Following Friday's announcement of withdrawing Rs 2,000 notes -- the notes continue to be legal tender unlike demonetisation exercise -- there were concerns about customers facing inconvenience, especially given the summer being at its peak.
The US space agency will be looking for complete systems -- launchers, spaceships, mission operations and ground support -- to ferry astronauts to the InternationalSpace Station by the middle of the decade, The Daily Telegraph online reported.
India will become the fourth country to master the technology of soft-landing on the lunar surface after the US, China and the erstwhile Soviet Union.
He unveiled the country's ambitious space project's timeline during a media interaction.
The C295 is known to be a superior aircraft used for tactical transport of up to 71 troops or 50 paratroopers, and for logistic operations to locations that are not accessible to current heavier aircraft.
The mission is targeted for launch in the fourth quarter of 2024.
Sunita and Commander Michael Lopez-Alegria completed the last of the internal assembly tasks for the startup later this year of the new Oxygen Generation System in the Destiny laboratory.
After 5 yrs, firm's offer to set up private satellites for digital push has seen some interest from Isro
The use of space for meeting the needs for resources of habitat of the earth would, however, not be possible unless mankind developed cutting edge technology to make low cost access to space a reality, he said.
'There are multiple ups and downs.' 'You should be able to withstand all that.' 'You need to have the temperament to run a marathon.'
India is on the verge of entering 'big league' in the world aviation scene with the launch of satellite-based navigation system, GAGAN, next year, Civil Aviation Minister Praful Patel said on Tuesday.
The vertical approach was one of the at least five options on which preparatory work had begun some days back, as anxiety mounted over the fate of the men trapped in the under-construction tunnel on Uttarakhand's Char Dham route.
His value lifestyle brand Zudio signals a coming of age of retail in small town India.
A few days back, Atul Ganatra, president of the Cotton Association of India, presented a grim scenario of the crop's prospects in the 2024-25 season that starts in October. Addressing the association's annual general meeting, Ganatra said the area under the crop could go down by at least 10 per cent in the coming season due to falling yields and realisation, leading to farmers losing interest. The fear of a decline in acreage comes against the backdrop of India's cotton production probably falling to its lowest in a decade, according to estimates.
'With the deaths of Jayalalithaa and Karunanidhi, the BJP and Congress thought that they had a chance.' 'They have conceded that power is with the Dravidian parties.'
Swedish furnishing major IKEA, part of the Ingka Group, is inviting its investment arm - Ingka Investments - to India, a senior company executive said during an interaction in New Delhi. The move suggests that the group is looking at India as a priority market. The areas of investments being considered by Ingka Investments could range from taking stake in companies across sectors such as renewables, recycling, real estate, and software which synergise with IKEA's broader retail requirements.
'The allegations of government involvement in targeted assassinations abroad are likely to help, not hurt, the ruling party.' 'True or false, they convey a sense of muscularity and, in some quarters, are celebrated as a harbinger of 'great power' status.'
Sources had earlier said Modi and Putin would also deliberate on impact of US sanctions on import of crude oil from Iran.
Explaining the mission, the agency, NASA on Sunday said just as an impressionist artist makes an image from countless tiny strokes of paint, IBEX will build an image of the outer boundary of the solar system from impacts on the spacecraft by high-speed particles called energetic neutral atoms.
The spacecraft will now prepare for separation of the lander module -- comprising the lander and rover -- from the propulsion module.
Entrepreneur and philanthropist Paul G Allen and aerospace pioneer Burt Rutan plan to develop the next generation of space travel.
'The last year's growth is a foretaste of things to come in the retail credit market.'
Before Data Patterns developed an indigenous check-out equipment, Brahmos Aerospace was paying a Russian supplier three times what it will now pay the Indian company.
Chandrayaan 3 follows the Chandrayaan 2 mission which did not achieve the desired soft landing on the surface of the moon in 2019, disappointing the scientists.
Drilling at the collapsed Silkyara tunnel to rescue 41 men trapped inside for 12 days was halted again on Friday, officials said.
From moments that felt long time in the coming to swashbuckling statements that could be interpreted in more ways than one, there are some that fanned our nostalgia, some made our jaws drop (or stomachs churn), some hit too close home, still others left us with a lingering sense of guilt. Sukanya Verma picks cinematic imagery that stood out in 2023.
It was a euphoric moment for students of the College of Engineering in Pune as the academic satellite developed by them -- Swayam -- was on Wednesday successfully placed in orbit along with 19 others.
Kolkata trams -- now in their 150th year -- are the last to survive modernity in Indian cities, writes Ishita Ayan Dutt.
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