Country Financial News

India's space ambitions: Market forces are with us Agnikul Cosmos has just demonstrated that it is no longer a matter of playing catch-up as the Agnibaan launch vehicle is cutting-edge in terms of technology. The engine is semi-cryogenic, meaning it uses a mixture of extremely cold fuel (liquid oxygen) and normal-temperature fuel (kerosene or aviation turbine fuel). Semi-cryogenic rocket engines are even trickier than fully cryogenic ones, which use a mix of very cold fuels.

Russia said Friday that it had conducted a prisoner exchange with Kyiv, exchanging 75 captured servicemen with Ukraine, in one of the only areas of dialogue between the warring countries. «As a result of negotiations, 75 Russian servicemen who were in mortal danger in captivity have been returned from territory controlled by the Kyiv regime.

Germany on Friday suggested Ukraine could use weapons supplied by Western countries to defend itself against attacks launched from just inside Russia against the northern border region around the city of Kharkiv in accordance with international law. Germany discussed with allies the fact that Russia has carried out strikes on the Kharkiv region from positions in the immediately adjacent Russian border area, a government spokesperson said in a statement. «We are jointly convinced that Ukraine has the right, guaranteed under international law, to defend itself against these attacks,» the spokesperson said.

water level of the country's 150 main reservoirs has dropped to 23 per cent and is also 77 per cent less than last year's levels at this time, according to Central Water Commission (CWC) data. Last week, the live storage of these reservoirs was at 24 per cent. The present storage is merely 77 per cent of last year's levels and 94 per cent of the normal storage, CWC data stated. In its latest weekly bulletin, released on Friday, the commission said that «the total live storage available is 41.705 billion cubic metres (BCM), equating to 23 per cent of the total capacity».

social media trend, a new movement, 'All eyes on Congo,' is gaining momentum online. This campaign aims to highlight the severe humanitarian crisis and ongoing violence in the Democratic Republic of the Congo (DRC). Social media users are sharing compelling videos and photos to raise awareness about the dire situation in this conflict-ridden Central African country.

battery materials producer Altmin is in talks with the Australian government to secure lithium supplies, the company's managing director said, as part of its expansion plans to meet rising demand for the critical mineral. «We are talking to the Australian High Commission and the critical minerals office,» Anjani Sri Mourya Sunkavalli told Reuters. Altmin, India's only cathode active materials producer, currently sources lithium carbonate from Brazil and Bolivia.

PARIS — France is touting itself as the next artificial intelligence superpower.

northern lights earlier this month, you might be in luck over the next couple of weeks.A major solar active region on the sun continues to put out large expulsions of plasma and magnetic energy, and these impressive solar flares are getting set to face our planet again.Earlier this month, the most severe geomagnetic storm of the past 20 years hit Earth, treating Canadians (and much of the Northern Hemisphere) to a spectacular display of aurora borealis.Now, that same sunspot is reappearing after traversing the far side of the sun, and it has the potential to produce some pretty strong flares in the coming days and months.Global News meteorologist Anthony Farnell says that parts of the country could see some aurora activity as early as this weekend.“There is the potential for a G2 solar storm starting late Friday and we could see northern lights this weekend, but the potential is still there for more flares and even better displays as the sunspot moves towards the centre of the sun facing planet Earth,” he said, adding that the solar storm is “expected to arrive late on May 31 or June 1.”Solar flares are categorized by strength, with B-class flares being the weakest and X-class the strongest.Earlier this month, solar active region AR 13664 produced 12 X-class solar flares across six days, resulting in a G5 magnetic storm on Earth — the strongest since 2003.Farnell said the solar region weakened while on the far side of the Sun, but there’s a good possibility for more X-class flares in the days and weeks ahead.“We are nearing the peak of the 11-year solar cycle, and this peak is stronger than the last peak 11 years ago, so it makes sense that these solar storms we are experiencing have the potential to reach levels we

President Joe Biden likes to call the United States “the indispensable nation.” By that he means that America is the only power simultaneously mighty and benevolent enough to preserve whatever is left of a liberal order — one in which rules and multilateral institutions govern, among other things, a system of relatively free international finance and trade. But what if the US itself, even under Biden, turns against the system it’s supposed to guard, becoming an agent of economic nationalism, international fragmentation and hostile bloc-building? Doubts to that effect have popped up throughout the Pax Americana, the long period of US leadership that followed World War II. What most frightened America’s friends abroad, though, was Donald Trump in the White House. His “America First” worldview was a throwback to a much earlier US stance of isolationism and nationalism.

meditation break in Kanyakumari, arrived at Vivekananda Rock Memorial in Tamil Nadu on Thursday evening. PM Modi started mediation on May 30 at the Dhyan Mandapam where Swami Vivekanand meditated once. It will conclude on June 1.Before reaching the memorial, the Prime Minister offered prayers at Bhagavathy Amman Temple in Kanyakumari, after the culmination of the seven-phase Lok Sabha election campaigns.

Two Citgo oil executives detained for nearly five years in Venezuela have sued their former employer for more than $400 million

India exists at all. By some miracle of human ingenuity and industry, a land area barely bigger than Argentina with less water than Colombia is able to support nearly a fifth of the world’s population. The record-breaking temperatures above 52 degrees Celsius (125.6 degrees Fahrenheit) in the capital New Delhi this week are a warning sign, however. The magic spell that has sustained this achievement is coming close to breaking. That’s an issue not just for those sweltering on the streets of the world’s second-biggest city, but for the path to wealth that 1.4 billion people hope to follow. India has a far poorer natural endowment of land than Europe, North America and China, the continental economies that preceded it on the road to riches. Even the fragile benefits that its citizens have managed to eke out of this unpromising soil might now be slipping further away, as climate change exposes its deep fragility and washes away the foundations of growth.

compliance burdens and costs for Indian startups and businesses providing AI systems in that region and impact their competitiveness, experts said. The Act is expected to come into force by the end of June.

Unveiled last year, MasterCard Crypto Credential helps verify interactions among consumers and businesses using blockchain networks. The pilots will see users from a host of countries on the Bit2Me, Lirium and Mercado Bitcoin exchanges send cross-border and domestic transfers across multiple currencies and blockchains. Users will also be able to send and receive crypto using their Mastercard Crypto Credential aliases, instead of the typically long and complex blockchain addresses. For payments, exchanges will first verify a user under the set of Mastercard Crypto Credential standards.

BHP Group has dropped its 38.6 billion pound or $49.3 billion bid for Anglo American

Royal Bank of Canada’s landmark deal to acquire HSBC Holdings PLC’s Canadian division led to the country’s first decrease in foreign direct investment in 14 years.

A new report has found that billions of dollars in gold is smuggled out of Africa each year and most of it ends up in the United Arab Emirates, where it is refined and sold to customers around the world

₹6,488 per barrel on the multi-commodity exchange (MCX).Both crude oil benchmarks were headed for monthly losses, with Brent futures on track for a decline of more than six per cent from last month, while WTI was poised for a slide exceeding 4.5 per cent, according to news agency Reuters.Also Read: Oil prices hit 4-week high ahead of OPEC+ policy verdict, US demand hopes; Brent highest since May 1 at $85/bbl-US crude stocks fell more than expected last week as refiners in the country ramped up to their highest utilization rates in over nine months, according to Energy Information Administration (EIA). There was a surprise jump in gasoline and distillate fuel inventories as demand weakened even as output rose.-Crude stocks declined by 4.16 million barrels in the week ended May 24, EIA data showed.

A post shared by Dr. Selene Khosla (@selenekhosla)Her post quickly went viral.

Google plans to invest $2 billion in Malaysia, developing its first data center and a Google Cloud hub in the latest big foray by a U.S. tech giant in the Southeast Asian country

Federal regulators are giving Amazon key permission that will allow it to expand its drone delivery program