Month: June 2024

ISRO releases images of Sun captured by Aditya-L1 during May solar storm

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ISRO releases images of Sun captured by Aditya-L1 during May solar storm

An image captured by SUIT and VELC instruments (Aditya-L1 mission) shows dynamic activities of the Sun during May 2024. | Photo Credit: ISRO Two of the remote sensing payloads on board India’s maiden solar mission Aditya-L1 have captured images of the Sun and its dynamic activities during the solar storm, which occurred during the month…

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Science

NDA govt must tackle unemployment problem, especially in the unorganised sector: Rajiv Kumar

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NDA govt must tackle unemployment problem, especially in the unorganised sector: Rajiv Kumar

Former NITI Aayog Vice Chairman Rajiv Kumar. File | Photo Credit: BIJOY GHOSH Prime Minister Narendra Modi led-NDA government in its third term must tackle the problem of unemployment in India, especially in the unorganised sector and in small and medium enterprises, former NITI Aayog Vice Chairman Rajiv Kumar said on June 10. Mr. Kumar also…

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Business

Passenger vehicle retail sales dip 1% in May as excessive heat, elections impacted demand: FADA

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Passenger vehicle retail sales dip 1% in May as excessive heat, elections impacted demand: FADA

Passenger vehicle registrations dipped to 3,03,358 units last month, compared with 3,35,123 units in May 2023. File | Photo Credit: V. V. Krishnan Domestic passenger vehicle retail sales declined 1% year-on-year in May, as blistering summer heat and elections impacted demand, automobile dealers’ body FADA said on June 10. Passenger vehicle registrations dipped to 3,03,358…

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Business

Paytm lays off employees as part of restructuring, facilitates outplacement support

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Paytm lays off employees as part of restructuring, facilitates outplacement support

The logo of the Paytm app. File | Photo Credit: Reuters Fintech firm One97 Communications, owner of the Paytm brand, is laying off an undisclosed number of employees and claimed that it is providing outplacement support for their smooth transition, according to a company statement. Paytm’s sales employee headcount in the March 2024 quarter dropped…

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Business

Rupee falls 10 paise to 83.50 against U.S. dollar in early trade

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Rupee falls 10 paise to 83.50 against U.S. dollar in early trade

Image used for representational purpose only. | Photo Credit: Reuters The rupee depreciated 10 paise to 83.50 against the U.S. dollar in early trade on June 10, largely due to the rise in the dollar index and US yields. Forex traders said uncertainty among market players was down as Narendra Modi was sworn in as…

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Business

CSIR-IICT scientists identify microalgae as a potential protein supplement

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CSIR-IICT scientists identify microalgae as a potential protein supplement

Microalgae are “under-exploited crops” and do not compete with traditional food crops for space and resources. Representative image. | Photo Credit: Reuters CSIR-Indian Institute of Chemical Technology (IICT) scientists have spotlighted the potential of Chlorella Growth Factor (CGF), a protein-rich extract derived from the microalgae ‘Chlorella sorokiniana’, as an ideal ingredient for a wide range of…

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Science

Sensex breaches 77,000-mark for first time; Nifty hits new record high level in early trade

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Sensex breaches 77,000-mark for first time; Nifty hits new record high level in early trade

BSE Sensex. File. | Photo Credit: REUTERS Benchmark equity indices hit their all-time high levels in early trade on Monday, with the Sensex breaching the 77,000-mark for the first time ever, rallying for the fourth day running. Optimism in the markets is due to various factors such as the Reserve Bank of India (RBI) revising…

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Business

New low-cost MRI machine can improve access to diagnostics in India

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New low-cost MRI machine can improve access to diagnostics in India

Scientists have designed a magnetic resonance imaging (MRI) scanner that costs a fraction of existing machines, setting the stage for improving access to this widely used diagnostic tool. A MRI helps visualise minute details in the human body, with which doctors can diagnose disorders and select treatments for the brain, the heart, various cancers, and…

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Science

India’s aviation market growth needs to be matched with capacity; open for partnerships: Emirates CCO

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India’s aviation market growth needs to be matched with capacity; open for partnerships: Emirates CCO

India, with a population of close to 1.5 billion, is seeing a growing international travel demand. | Photo Credit: B. Velankanni Raj Indian aviation market’s pace of growth needs to be matched with capacity, and increased competition will provide more choices for consumers, Emirates Airline Deputy President and Chief Commercial Officer Adnan Kazim has said,…

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Business

Instant flour mixes for dosa, idli, khaman cannot be classified as sattu; to attract 18% GST

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Instant flour mixes for dosa, idli, khaman cannot be classified as sattu; to attract 18% GST

Idly/Dosa Batter. | Photo Credit: Bijoy Ghosh Instant mixes, including idli, dosa and khaman flour, cannot be classified as chhatua or sattu and 18% GST should be levied on them, the Gujarat Appellate Authority for Advance Ruling (GAAAR) has ruled. Gujarat-based Kitchen Express Overseas Ltd had approached the AAAR against the ruling by the GST…

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Business