The Reserve Bank of India's (RBI's) move to ban Mastercard from issuing new cards for not complying with the local data storage guidelines may hit five private banks, a non-bank lender, and a major card-issuing company. The impact is expected to be felt for a few months as these players transition to other card networks. According to Nomura Research, RBL Bank, YES Bank, and Bajaj Finserv are the ones most impacted by the ban as all their credit card schemes are allied to Mastercard. Among others, IndusInd Bank, Axis Bank and ICICI Bank have 35-40 per cent of their credit card schemes tied to Mastercard, the report said.
A key feature of the satellite is providing mobile communication to India through multi beam coverage facility.
While some researchers are developing prototypes for ventilators to overcome their shortage, others have teamed up to develop testing kits.
India on Monday successfully launched the first technology demonstrator of indigenously made Reusable Launch Vehicle, capable of launching satellites into orbit around earth and then re-enter the atmosphere, from Sriharikota in Andhra Pradesh.
Built at the Mazagon Dock Shipbuilders Ltd in Mumbai, the ship's construction also marks the end of the Project 15A to build Kolkata-class guided missile destroyers.
The recent drone scare at London's Gatwick airport has exposed the lack of preparedness against drones, says Pranjal Sharma.
Boosting its air defence shield and re-validating operational efficacy, India on Thursday test fired successfully its indigenously-developed surface-to-air 'Akash' missile from the Integrated Test Range at Chandipur, nearly 15 km from Balasore. "The user-specific trial, which formed part of the country's routine air defence exercises, was successful," said a Defence Research Development Organisation official associated with the Akash missile project.
GSLV Mark-III will be India's most powerful launch vehicle built to lift the heaviest Indian communications satellites to space.
In the automobiles sector, some recent products such as Mahindra's XUV 500, the Reva electric car and (arguably) the Tata Nano have breathed life into that possibility.
The health ID will contain information about medical data, prescriptions and diagnostic reports and summaries of previous discharge from hospitals for ailments. The mission is expected to bring efficiency and transparency in healthcare services in the country.
Many new technologies developed indigenously were successfully tested in the Agni-5 trial.
Two days after its successful trial, India on Saturday again test-fired the indigenously developed surface-to-air Akash missile from the test range at Chandipur near Balasore. "The user specific trial, which formed part of the country's routine air defence exercises, was conducted from the ITR," said a Defence Research Development Organisation official associated with the Akash missile project.
Over 32 missions -- satellites and rockets -- have been planned for the year.
Pitting itself directly against Maruti Swift Diesel, Tata Motors plans to launch a 1.3 litre diesel variant of its small car Indica with a common rail direct injection (CRDi) engine developed in-house in the next few months.
Under the scheme, small and medium enterprises (SMEs) and technology start-ups can apply for reimbursement, up to a limit of Rs 15 lakh, for the costs incurred in filing international patent applications. This scheme applies for their indigenous inventions in the electronics and information, communication and technology (ICT) domain.
The policy proposes a single-window platform for facilitation of the Indian software product industry, to help fast-track legal and regulatory issues over import and export, as well as setting up and winding up enterprises.
The revival of the AWACS project comes after five years DRDO's HS-748 technology demonstrator aircraft crashed killing some DRDO scientists and technicians in Tamil Nadu in 1999.
Working round-the-clock over the past few days, an Indian Institute of Science team is buildingan indigenous ventilator prototype for Covid-19 victims, and it is expected to be ready in the current month itself. A ventilator can be a life-saver for patients whose lungs are damaged by the Covid-19 infection. But India, like all countries grappling with this pandemic, is likely to face a large shortage of ventilators.
The Indian Air Force is monitoring the developments along the western front, he said.
'Our automakers export 50 per cent of what they manufacture and once the policy comes into play, which is in the next 2-3 years, we would become a Rs 10 trillion industry.'
The Tata-SIA airline Vistara is gearing up to station an indigenously developed robot, RADA, at its signature lounge at Delhi airport's Terminal 3. Powered by AI, the robot is programmed to scan boarding passes, provide information on the terminal, departure gates, real-time flight status and weather conditions of destination city etc. And RADA can also entertain people by playing games and multimedia content, says Sangeeta Tanwar.
Nileema Mishra, who works with the poorest villagers in Maharashtra, and United States-trained Indian engineer Harish Hande, who revolutionised the use of solar lights, are among five people who have been honoured with this year's prestigious Ramon Magsaysay Award. "The two had helped to harness technologies to empower their countrymen and created waves of progressive change across Asia," award foundation president Carmencita T Abella announced.
Ordering more Akash systems is essential for the Indian defence industry.
In a major technology leap, Indian defence scientists are ready to go ahead with the first full test flight of its indigenously developed air to air beyond visual range missile, ASTRA. The test-flight from an IAF Sukhoi fighter aircraft could be undertaken "anytime in the next 45 days", top DRDO officials said.
Boeing is likely to vie for the deal to supply 110 fighter jets to the IAF in one of the biggest such procurement in recent years globally which could be worth over USD 15 billion.
"Three 155 mm howitzers (Dhanush) have been handed over to the army recently for user's trial," GCF's Joint General Manager and PRO Sanjay Shrivastava told PTI today.
The rocket can put satellites weighing upto four tonnes in space, double the weight that the current GSLV-Mark-II can lift.
Agni-V is a three stage missile, 17 metres tall, two metres wide and capable of carrying 1.5 tonne of nuclear warheads.
The rocket is almost 49 meters high -- as much as a 17-floor building. It weighs 415 tons -- as much as the combined weight of 80 full grown elephants.
"The basic cause behind insurgency and Maoists activities or naxalism is frustration over lack of livelihood options. So we need to create jobs or source of income for youth in backward areas to prevent them from going astray. It is not true only in case of Assam but for the whole of the country," Gogoi said.
The first 'Pad Abort Test' demonstrated the safe recovery of the crew module in case of any exigency at the launch pad, the Indian Space Research Organisation said in a release.
PM Modi proposed a USD one billion line of credit to promote projects that support physical and digital connectivity between India and ASEAN.
'If you yourself don't believe in the product, you will never be able to sell it.' 'If you have got the basics right, if you have understood the consumer needs well, success will always follow.'
The government must justify why we need to buy foreign reactors when we have developed up to 700 MWe unit-size pressurised heavy water reactors, a design which can be easily extended to 900 to 1000 MWe unit size. Why can't the 'Make in India' philosophy apply to indigenous nuclear reactors, more than 18 of which have been designed, built, and being operated by Indian engineers, asks Dr A Gopalakrishnan.
The Kolkata-class warship, the first of P15-B stealth destroyers, was launched by Minu Dhowan, wife of Chief of Naval Staff Admiral R K Dhowan, at Mazagaon Docks Ltd.
During the webinar, 'COVID-19: Vaccination and Potential Return to Normalcy - If and When', Dr Hotez, an internationally-recognised physician-scientist in neglected tropical diseases and vaccine development, said that the COVID-19 vaccine rollout is "India's gift' to the world in combating the virus.
K Sivan has to hasten the effort to bring in private players into satellite and rocket building and replicate India's software success in aerospace.
Three years from now, Indian railway network will be based on sophisticated, hi-tech and indigenously developed infrastructure ensuring safety of every passenger.
Mahindra & Mahindra, the tractors to information technology conglomerate, will launch its first indigenously built aircraft before March, at a price at least 20 per cent cheaper than an equivalent aircraft of Cessna, the market leader.
A lot of new technologies developed indigenously were successfully tested in the trial.
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