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Aditya L1 launch: After the successful soft landing of Chandrayaan-3, ISRO is now set to launch country's maiden solar mission Aditya-L1. Aditya-L1 spacecraft is designed for providing remote observations of the solar corona and in situ observations of the solar wind at L1 (Sun-Earth Lagrangian point), which is about 1.5 million kilometres from the earth. It is India's first solar space observatory and will be launched by the PSLV-C57.

₹2,247.37 crore for the supply of smart meters. Genus Power share price opened at ₹271.60 apiece on BSE.

GST) revenues for August 2023 have shown a growth of 11 percent year on year due to increased compliance and less evasion, Revenue secretary Sanjay Malhotra said on Friday as reported by PTI. In August 2022, the collection from GST was ₹1,43,612 crore. "Roughly numbers are in the range of 11 per cent year on year growth as in earlier months," Malhotra told reporters as quoted by PTI.

₹300 per litre for the first time in history. Fuel prices skyrocketed after Pakistan finance ministry announced to hike the price of petrol by ₹14.91, and high speed diesel (HSD) by ₹18.44 per litre. With the recent hike, petrol price has swollen to ₹305.36 per litre, and the diesel price has reached to ₹311.84 per litre.

The G20 Summit, a global forum for international economic cooperation, has emerged as a platform that brings world leaders together and significantly influences the host country’s economic landscape. As New Delhi takes centre stage to host this prestigious event, its impact reverberates far beyond diplomatic discussions.

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India’s growth forecast to 6.7% in 2023 from 5.5% projected earlier, as the Indian economy recorded 7.8% growth in the April-June quarter. “Strong services expansion and capital expenditures propelled India’s 7.8% real GDP growth in the second quarter from a year ago,” Moody’s said in its report. However, the rating and research agency lowered the 2024 forecast down to 6.1% from the 6.5% projected earlier. “Since the second quarter outperformance creates a high base in 2023, we have lowered our 2024 growth forecast from 6.5% to 6.1%. Given the robust underlying economic momentum, we also recognize further upside risk to India’s economic growth performance,” it said. On the inflation front, the rating agency expects inflation to average 5.7% in 2023, a tad below the Reserve Bank of India’s upper target band of 6%. In July, inflation at 7.4%, crossed the Reserve Bank of India’s upper target band for the first time.

Gulam Zia, Senior ED, Knight Frank, says “Home loan interest rates have been skyrocketing, perhaps the highest in almost about eight-nine odd years. But that has impacted the bottom to mid end of the market. The upper end is not so dependent, especially the luxury segment is not so dependent on home loans and that demand is going unabashedly up and the transactions there are going unbelievably high. That is where the share of affordable housing has been shrinking.”What are your thoughts on sustainability of this kind of momentum in real estate demand and where is the affordability coming from? One of the biggest drivers being cited is higher affordability. What are your thoughts there?Your question is what justifies this kind of euphoria? It is very difficult to say. A couple of thoughts; the wealth creation that we have seen in at least a year and a half or two in spite of the global gloom etc. Things have really gone well for India and that is where the traction in residential or home buys, home buying has been pretty good.

“Our dependence on Russian oil is going to decrease sharply,” Oil Minister Hardeep Puri said in an interview. “The cost viability from the Gulf is much more attractive now.” India’s consumption of Russian crude has soared since President Vladimir Putin’s invasion of Ukraine in February last year, ousting Saudi Arabia and Iraq from the top spots.

New Delhi: Southwest monsoon is expected to revive in September, with rainfall seen normal during the month in the range of 91-109% of the long period average of 167.9 mm, the India Meteorological Department (IMD) has forecast. This comes after the country experienced its driest August since 1901. Mint delves into the projection and what it means for the country's overall rainfall activity.

Years after managing two different verticals of the company, Ola founder and CEO Bhavish Aggarwal is mulling over to appoint a CEO for its cab business reported Economic Times. The new CEO, possibly an ex-Unilever executive, is likely to join the company early next week, reported Economic Times citing sources. Till now, CEO Bhavish Aggarwal has remained the CEO of the company and managed its cab business along with e-scooters verticals.

AI is making strides in almost every aspect of our daily lives, Samsung has just dropped a game-changer in the kitchen – an AI-powered recipe app named 'Food'. The primary goal of Samsung's ‘Food’ app is to serve as a personalized kitchen assistant. It helps users discover new dishes, craft tailored meal plans, and even facilitate online ingredient orders.

China's ongoing battle with its soaring population figures has led to some unconventional measures aimed at controlling population growth. One such measure involves the legal marriage age, set at 22 for men and 20 for women across the country.

Indian Space Research Organisation (ISRO) is all set to for India's maiden solar mission, Aditya-L1, which is scheduled to be launched on September 2, 2023, at 11:50 am. Aditya-L1 is India's first solar space observatory and will be launched by the PSLV-C57 from the Sriharikota launch pad with launch rehearsal and vehicle internal checks all being completed. It will carry seven different payloads to have a detailed study of the sun, four of which will observe the light from the sun and the other three will measure in-situ parameters of the plasma and magnetic fields. The largest and technically most challenging payload on Aditya-L1 is the Visible Emission Line Coronagraph or VELC. VELC was integrated, tested, and calibrated at the Indian Institute of Astrophysics' CREST (Centre for Research and Education in Science Technology) campus in Hosakote in collaboration with ISRO. Aditya-L1 will be placed in a halo orbit around Lagrangian Point 1 (or L1), which is 1.5 million km away from the Earth in the direction of the sun.

Lok Sabha elections in May-June next year. Meanwhile, Andhra Pradesh, Odisha, Sikkim and Arunachal Pradesh assemblies are scheduled to go to the polls with the Lok Sabha elections.

global slowdown in growth, Marie Diron, managing director for global sovereign and sub-sovereign risk at Moody's Investors Services told CNBC. She also hinted on the possible impact of global economic slowdown on Asia through trade conditions as well as access to financing in the region. She also mentioned that the slowdown can be led by three factors, ie higher interest rates by central banks, China's slow growth, and financial system stresses.

railway sectors. With their eye on the big game and general elections just around the corner, the Modi government is leaving no stones unturned and gearing up PSU companies. Just take the event that transpired earlier this month on 10 August 2023 in the parliament.

India is expected to have 42.5 crore air passengers by 2035 from the current level of 14.5 crore and that is the growth potential that international players can look at, Civil Aviation Minister Jyotiraditya Scindia said on Friday. The minister also said that the regional air connectivity has democratised civil aviation and has spawned four regional carriers. He highlighted the growth potential of the country's civil aviation sector and urged international players to «look at India». He was speaking at the International Aerospace Conference in Gwalior organised by industry body CII. According to him, the country is expected to have 42.5 crore air passengers by 2035 from the current 14.5 crore passengers.

The announcement comes a day after the government scheduled a special session of Parliament from September 18 to 22. There are rumuors that government is plannig to introduce a bill for unified elections. Assembly elections are scheduled for five states in November-December, followed by Lok Sabha elections in May-June of following year.What's 'One Nation, One Election'The concept of 'One Nation, One Election' centers around the idea of conducting simultaneous elections throughout the country for both Lok Sabha and State Assemblies. This means holding elections for both the Lok Sabha and all state assemblies simultaneously, with voting likely taking place concurrently. Prime Minister Narendra Modi has long advocated for simultaneous Lok Sabha and state assembly elections.

logistics are intertwined and go hand in hand, Raj Subramaniam, Chief Executive Officer, FedEx Corporation, said that their potential needs to be tapped. “I have travelled the world and can assure you that this is the place which has got the most excitement. While we double or triple manufacturing, there is an opportunity to reduce the cost of logistics as a percentage of GDP in India, maybe even halve it.

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