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Breaking News

Moody’s affirms India’s sovereign rating at ‘Baa3’; says GDP growth to support increase in income level

Posted on August 18, 2023 By admin
Moody’s affirms India’s sovereign rating at ‘Baa3’; says GDP growth to support increase in income level

Moody’s on August 18 affirmed India’s sovereign rating at ‘Baa3’ with a stable outlook and said high growth will support a gradual increase in income levels, which will further contribute to economic strength. | Photo Credit: Reuters Moody’s on August 18 affirmed India’s sovereign rating at ‘Baa3’ with a stable outlook and said high growth…

Read More “Moody’s affirms India’s sovereign rating at ‘Baa3’; says GDP growth to support increase in income level” »

Business

Tata Communications Challenges Centre’s Rs 991 Crore Licence Fee Demand

Posted on August 18, 2023 By admin
Tata Communications Challenges Centre’s Rs 991 Crore Licence Fee Demand

Tata Communications challenged DoT’s Rs 991.5 crore licence fee demand New Delhi: Tata Communications has challenged Telecom Department’s Rs 991.5 crore licence fee demand pertaining to past years, in TDSAT, which has directed the DoT not to take any coercive action till the next hearing, the company said in a filing on Friday. The Department…

Read More “Tata Communications Challenges Centre’s Rs 991 Crore Licence Fee Demand” »

Business

Chandrayaan-3 Lander slowed down to move it to lower orbit

Posted on August 18, 2023 By admin
Chandrayaan-3 Lander slowed down to move it to lower orbit

The Lander Module (LM) successfully underwent a deboosting operation that reduced its orbit to 113 km x 157 km. | Photo Credit: Twitter/@isro A day after the lander module (LM) separated from the propulsion module (PM) , it successfully underwent a deboosting operation on August 18. The Indian Space Research Organisation (ISRO) said that the…

Read More “Chandrayaan-3 Lander slowed down to move it to lower orbit” »

Science

Sensex falls below 65,000; IT, metal stocks weigh on weak global trend

Posted on August 18, 2023 By admin
Sensex falls below 65,000; IT, metal stocks weigh on weak global trend

File photo of stock trader looking at a share price on a screen at a brokerage house. | Photo Credit: Vivek Bendre Equity benchmark index Sensex buckled under selling pressure for the second straight session to close below the 65,000 mark on August 18, as investors offloaded IT, teck and metal energy stocks amid a…

Read More “Sensex falls below 65,000; IT, metal stocks weigh on weak global trend” »

Business

Rupee falls 1 paisa to close at all-time low of 83.10 against U.S. dollar

Posted on August 18, 2023 By admin
Rupee falls 1 paisa to close at all-time low of 83.10 against U.S. dollar

The rupee edged lower by 1 paisa to settle at an all-time low of 83.10 (provisional) against the U.S. dollar | Photo Credit: V. Sudershan The rupee edged lower by 1 paisa to settle at an all-time low of 83.10 (provisional) against the U.S. dollar on Friday, weighed down by a negative trend in domestic…

Read More “Rupee falls 1 paisa to close at all-time low of 83.10 against U.S. dollar” »

Business

ISRO releases two videos of the Moon on August 18

Posted on August 18, 2023 By admin
ISRO releases two videos of the Moon on August 18

A view of the moon captured by the Chandrayaan-3. Twitter/@isro The Indian Space Research Organisation (ISRO) on August 18 released two videos of the moon which was captured by India’s third moon mission Chandrayaan-3. The first video shows the moon captured by the Lander Position Detection Camera (LPDC) on August 15, 2023, and in the…

Read More “ISRO releases two videos of the Moon on August 18” »

Science

Explained | Drilling in the North Sea — history and environmental concerns

Posted on August 18, 2023 By admin
Explained | Drilling in the North Sea — history and environmental concerns

File photo of a section of the BP Eastern Trough Area Project oil platform in the North Sea, around 100 miles east of Aberdeen, Scotland. | Photo Credit: AFP The story so far: U.K. Prime Minister Rishi Sunak recently backed plans for new fossil fuel drilling off Britain’s coast, worrying environment experts even as the…

Read More “Explained | Drilling in the North Sea — history and environmental concerns” »

Science

Explained | What is RBI’s pilot programme for facilitating ‘frictionless’ and ‘timely’ credit?

Posted on August 18, 2023 By admin
Explained | What is RBI’s pilot programme for facilitating ‘frictionless’ and ‘timely’ credit?

Image for representation | Photo Credit: NAGARA GOPAL The story so far: On August 17, the Reserve Bank of India (RBI) commenced a pilot programme endeavouring to evaluate the feasibility of the ‘Public Tech Platform for Frictionless Credit’. The announcement was first made when the central banking regulator enumerated developmental and regulatory policies following the conclusion…

Read More “Explained | What is RBI’s pilot programme for facilitating ‘frictionless’ and ‘timely’ credit?” »

Business

Rupee Falls 1 Paisa To Close At All-Time Low Of 83.10 Against US Dollar

Posted on August 18, 2023 By admin
Rupee Falls 1 Paisa To Close At All-Time Low Of 83.10 Against US Dollar

Rupee edged lower by 1 paisa to settle at an all-time low of 83.10 (provisional) against the US dollar Mumbai: The Rupee edged lower by 1 paisa to settle at an all-time low of 83.10 (provisional) against the US dollar on Friday, weighed down by a negative trend in domestic equities and foreign fund outflows….

Read More “Rupee Falls 1 Paisa To Close At All-Time Low Of 83.10 Against US Dollar” »

Business

Russia’s Luna-25 spacecraft enters lunar orbit

Posted on August 18, 2023 By admin
Russia’s Luna-25 spacecraft enters lunar orbit

A picture taken from the camera of the lunar landing spacecraft Luna-25 shows the Zeeman crater located on the far side of the moon, August 17, 2023. | Photo Credit: Reuters Russia’s lunar spacecraft entered the moon’s orbit on Wednesday, a major step towards the country’s ambition of being the first to land on the…

Read More “Russia’s Luna-25 spacecraft enters lunar orbit” »

Science

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