China set to launch high-stakes mission to moon’s ‘hidden’ side

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China will send a robotic spacecraft in coming days on a round trip to the moon’s far side in the first of three technically demanding missions that will pave the way for an inaugural Chinese crewed landing and a base on the lunar south pole. Since the first Chang’e mission in 2007, named after the … Read more

Expectations of future monetary policy impact stock markets more than rate announcements: RBI paper

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Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy by the Reserve Bank, said an analysis. Also read:Govt evaluating usefulness of interest equalisation scheme in promoting exports According to a working paper prepared by RBI officials, the regulatory and … Read more

Railways eye faster cargo movement with 200 new Gati Shakti Terminals, worth ₹14,000 crore

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  Indian Railways will look at developing an additional 200-odd Gati Shakti multi-modal terminals in its bid to improve freight earnings and decongest existing tracks for faster passenger train movement.  Also read:India’s major ports see 5% rise in traffic in FY24, driven by iron ore exports, coking coal imports The average cost per terminal is expected … Read more

UAE committee tasked with assessing flood damage holds first meeting

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The UAE committee tasked with assessing damage from floods held its first meeting to set priorities and plans to evaluate the condition of infrastructure, roads, and dams after the unprecedented weather event. The Committee was formed by the UAE Cabinet and is headed by the Ministry of Energy and Infrastructure. The meeting was presided over … Read more

CII launches corporate governance charter for startups

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Industry body CII on Sunday announced it has launched a charter for startups that enlist voluntary recommendations on corporate governance keeping in view unique nuances to govern startups. Also read:India growing when world is in stress: CII president-designate Sanjiv Puri The Corporate Governance Charter also prescribes guidelines appropriate for startups based on the specific stages … Read more

Pakistan’s weekly inflation rises by 27%

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The week ending April 25 witnessed a significant surge in short-term inflation, as measured by the Sensitive Price Index (SPI), leading to an unprecedented rise in gas prices and essential food items. The increase amounted to nearly 27 per cent on an annual basis, reported Dawn, citing the Pakistan Bureau of Statistics on Friday, Dawn … Read more

Pakistan: Government employees stage strike at Karachi port

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The government employees of major institutions staged protests at Karachi Port on Friday, which caused a backlog in import and export traffic since containers were left at the port, with no clearance in place, according to ARY News. The strike, as per details, was conducted by Pakistan Standard and Quality Control officers and employees at … Read more

Japan announces plans to launch upgraded observation satellites on new flagship rocket’s 3rd flight

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Japan’s space agency announced Friday a plan to launch a major upgrade to its satellite imaging system, as a new flagship rocket is put to the test for a third time. The Japan Aerospace Exploration Agency that an H3 rocket will be launched from the Tanegashima Space Center, on a southwestern Japanese island, early afternoon on June 30, with … Read more

India’s cotton yarn, fabric exports rise 7 percent to USD 11.7 bn in FY24

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The country’s cotton yarn, fabrics/made-ups and handlooms exports rose 6.71 per cent year-on-year to USD 11.7 billion in 2023-24, even as the total exports dipped by 3 per cent in the last fiscal. According to the commerce ministry data, these exports in March grew by 6.78 per cent to USD 1 billion.In 2022-23, these exports stood at USD 10.95 … Read more

Japan announces plans to launch an upgraded observation Satellites on new flagship rocket’s 3rd flight

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Japan’s space agency announced Friday a plan to launch a major upgrade to its satellite imaging system, as a new flagship rocket is put to the test for a third time. The Japan Aerospace Exploration Agency that an H3 rocket will be launched from the Tanegashima Space Center, on a southwestern Japanese island, early afternoon on June 30, with … Read more