EXCEEDED MISSION OBJECTIVES
Three major defence testing facilities to be launched in Uttar Pradesh
Uttar Pradesh is set to enhance its defence and space technology infrastructure with three new projects under the Defence Testing Infrastructure Scheme (DTIS). Located in Kanpur and Lucknow, these projects will address critical shortcomings in defence testing. Funded by the Union and state governments, they aim to boost indigenous defence production, with significant investments from MIDHANI, BEL, and HAL. The initiative supports advanced R&D, quality assurance, and the self-reliance mission.
Aligning business goals and decoding employee behaviour: A modern strategy for MSMEs
Alignment between business goals and employee behaviour is not a one-time effort but an ongoing process that requires continuous attention and adjustment.
Govt’s PMAY move to help boost affordable housing, drive economic growth
In the interim budget earlier this year, Finance minister Nirmala Sitharaman had announced support for the construction of an additional 2 crore homes in the next five years under the PMAY - Gramin (PMAY Rural). The PMAY budgetary allocation was also increased to Rs 80,671 crore for 2024-25 from Rs 79,590 crore in 2023-24.
US intelligence agencies' embrace of generative AI is at once wary and urgent
A Silicon Valley firm used generative AI in the Sable Spear operation to analyze Chinese fentanyl trafficking data, surpassing human analysis. It predicted Russia's invasion of Ukraine and alerted government customers to North Korean missile launches. U.S. intelligence agencies are exploring AI for geospatial intel and assessing AI missions.
Shriram General Insurance records Q4 net profit at Rs 121 crore; GWP rises 34%
Commenting on the financial performance, Shriram General Insurance Company Ltd MD and CEO Anil Aggarwal said, "The year gone by has been a milestone for our business as we recorded the highest ever growth since we began our operations in 2008. Our Gross Written Premium rose to 34 per cent exceeding the industry growth of 12.8 per cent."
India’s first integrated Oil Palm Processing Unit by 3F Oil Palm starts commercial operations
This integrated Oil Palm project will include a cutting-edge oil palm factory (Palm Oil Processing and Refinery), a zero-discharge effluent plant, a palm waste-based power plant, and additional structures and go-downs for support purposes. This factory marks the first Oil Palm factory in Arunachal Pradesh and India's first Oil Palm Factory under NMEO-OP.
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SpaceX Starship disintegrates after completing most of third test flight
SpaceX's Starship rocket disintegrated on return from a test flight, losing communication during re-entry. NASA congratulated SpaceX for the mission, highlighting the progress made despite the setbacks, aiming to send astronauts to the moon in the future.
India joins the elite list of nations with test of Agni-V MIRV tech: What's MIRV tech? How is it unique?
A Multiple Independently Targetable Reentry Vehicle (MIRV) payload enables ballistic missiles to carry multiple warheads, each capable of targeting different objectives. While primarily associated with intercontinental ballistic missiles, this concept extends to various missile types. Currently, MIRV systems are confirmed to be deployed by major nuclear powers like US, Russia.
Next-Gen Defence: India's military strategy transformed with approval of $3.99 billion MQ-9B Sea Guardian sale
The US State Department has approved the sale of 31 MQ-9B Sea Guardian drones to India, marking a significant step in enhancing the country's defense capabilities. The drones, equipped with advanced technology, are designed for high-altitude, long-endurance missions and armed with Hellfire missiles and smart bombs. This move aligns with India's modernization efforts and will significantly boost its unmanned surveillance and reconnaissance capabilities. The deal, valued at $3.99 billion, underscores the strategic partnership between the US and India and is expected to strengthen India's security apparatus.
ISRO brings back Chandrayaan-3 Propulsion Module to Earth's orbit
Following the lunar hop by Vikram (lander), this was another accomplishment that shows that ISRO can restart engines on the moon and operate equipment, both of which were not foreseen, the national space agency stated in a release.
Pakistan's interim government, IMF agree on backup steps in review talks
It will involve an exchange of the latest data, not only limited to the end-September quarterly performance, and queries and clarifications on all macroeconomic areas and their forward-looking outcomes, the report said.
Pakistan, IMF commence negotiations for release of $710 mn second tranche of $3 bn loan
Pakistan and the IMF have initiated discussions to secure the second tranche of a $3 billion bailout package, beginning on a positive note. IMF mission chief Nathan Porter praised Pakistan's commitment to meeting first-quarter targets, setting the stage for future reforms within the nine-month program.
Is this the end of Chandrayaan-3? Former ISRO Chairman says there's no hope of waking up lander or rover now
There is no hope of reviving the Chandrayaan-3's moon lander and rover, according to former ISRO Chairman A S Kiran Kumar. Efforts to establish communication with the lander and rover have been unsuccessful, and Kumar stated that there is now no chance of them waking up. The Chandrayaan-3 mission achieved its objectives of a safe and soft landing on the lunar surface, rover roving, and in-situ scientific experiments.
Chandrayaan-3's Vikram lander exceeds mission objectives, says ISRO
The Indian Space Research Organisation (ISRO) has announced that the Vikram lander of the Chandrayaan-3 mission has exceeded its objectives after a successful hop experiment. The lander elevated itself by 40 cm and landed safely, indicating a significant step towards future sample return and human missions. The space agency also stated that all systems performed well.
Euclid space telescope sends first images, to study billions of galaxies in 6 years
Euclid telescope, the European Space Agency’s observatory, has been sent to capture pictures of billions of galaxies and study mysteries including dark matter and dark energy. Know more.
UN's sustainable development goals are mission impossible
There are still many countries across the globe which are not even near in gaining universal access to modern energy services.
US dismisses China objections to South China Sea mission
The Navy said that China's sweeping maritime claims pose a serious threat to the freedom of navigation and overflight, free trade and unimpeded commerce, and freedom of economic opportunity for South China Sea littoral nations.
NASA’s historic Artemis I moon mission launched successfully after multiple delays
With the powerful rocket blasting off on Wednesday, NASA’s Artemis 1 mission is on its way to the moon on a 25-day crewless test flight.
MFI-turned-banks must not forget their mission: Mengistu Alemayehu, IFC
"Today, almost 50% of the disbursements in microfinance is through IFC-backed companies."
MFI-turned-banks must not forget their mission: Mengistu Alemayehu, IFC
Mengistu Alemayehu, IFC’s director, South Asia, spoke in an interview recently, mapping out IFC’s India plans around inclusion-themed ventures.
NASA's New Horizons mission to travel deeper into space
Green noted that NASA relies on the scientific assessment by the Senior Review Panel in making its decision on which extended mission option to approve.
How & why the NDA government is gearing up for mission to protect and promote the cow
Fast-tracking a disbursal of Rs 105 crore since September 2014, the ruling BJP-led government has demonstrated its seriousness in conserving the cow.
Budget 2015 allocates Rs 14,000 crore to scheme that aims at building 6 crore houses by 2022
The government may soon come up with a National Housing Mission to fulfil Narendra Modi's vision of homes for all by 2022, when India completes 75 years of Independence.
Robotic mini-sub on 2nd search mission to locate MH370 debris
Bluefin 21 was deployed last night from Australian Navy ship Ocean Shield to locate the debris of the Malaysia Airlines Flight MH370.
Rajiv Awas Yojana: Government errs by not assessing similar projects like BSUP and IHSDP
Rajiv Awas Yojana was launched in 2010. Why did we launch RAY, apart from the desire to invoke Rajiv Gandhi's name in a scheme?
I have always been transparent and clear, says Jairam Ramesh
Environment minister Jairam Ramesh concedes he has not been consistent, but says he can’t be accused of lack of clarity and transparency.
Bias-free appraisals may be impossible, but try for objectivity: Michael Mankins
And, of course, if employee performance is critical to customer service, some feedback from customers should be included in the appraisal.
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