This spacecraft will study a comet that is starting its journey in inner Solar System

The European Space Agency (ESA) has approved a new mission to visit a comet and other interstellar objects that have just started their journey into the inner Solar System. The Comet Interceptor will be launched with the Ariel exoplanet mission in 2029. The probe aims to explore a comet that has spent little time in…

Dept of Space gets control of 10 in-orbit satellites, purse increased from Rs 1000 cr to Rs 7500 cr

NewSpace India Ltd. (NSIL) will now be responsible for functioning and maintaining 10 in-orbit satellites. The transfer from the government of India to the company under the Department of Space was approved by the Cabinet during a meeting chaired by Prime Minister Narendra Modi. The union cabinet also gave its nod to…

RBI takes repo rate hike route | Will it reach desired destination?

The Reserve Bank of India (RBI) has hiked the key interest rate by 50 basis points, the second increase in five weeks, to tame inflation. The increase in lending rate or the repurchase rate (repo) by 50 bps to 4.90 per cent was the biggest in more than a decade and came on the back of a 40 bps hike in May at an…

Sensex rises over 400 points, Nifty gains | Top gaining shares

A rally in energy and technology stocks propelled Indian shares to a firmer finish on Thursday, ending a four-session losing streak driven by worries around aggressive policy tightening by global central banks. Notching their best session since the turn of the month, the NSE Nifty 50 index settled 0.74 per cent or…

Chinese military plane crash kills 1, injures 2

A Chinese military jet crashed in a residential area in central China’s Hubei Province on Thursday, killing one person and injuring two others in the country’s third aviation accident in over two months. The J-7 fighter jet of the Chinese People’s Liberation Army Air Force crashed in the residential…

Trust issue, inefficiency: Inside story on why AAP dissolved its Gujarat unit

Ahead of the Gujarat assembly polls, the Aam Aadmi Party dissolved its entire organisational structure on Wednesday, June 8. India Today found out that trust issues, inefficiency, and lack of work were primarily behind the AAP’s decision to dissolve its entire unit in Gujarat. The move, which followed just two days…