First test launch of new low-cost star sensor developed from off-the-shelf components successfully conducted

A new low-cost star sensor developed by astronomers from off-the-shelf components was recently launched by ISRO on board PSLV C-55. In its first-ever space test, the sensor, which is mounted on the PSLV Orbital Experimental Module (POEM), is performing well, and the initial data has now validated its design as well as its function.   The StarBerrySense payload developed by the Indian Institute of Astrophysics (IIA), an autonomous institute of the Department of Science and Technology (DST), was launched on 22 April. This novel low-cost sensor designed to quickly calculate…

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With Record Increase Domestic Coal Production Touches 73.02 Million Tonne in April 2023

India’s coal production has made new record of  highest  production during  the month of April 2023 achieving 73.02 Million Tonne (MT) of coal with a growth of 8.67% as compared to 67.20 MT during Apr’22. Coal India Ltd (CIL) reported  production of 57.57 MT in Apr’23 as compared to 53.47 MT in Apr’22, representing an increase of 7.67%.   Ministry of Coal has paved the way for releasing additional coal in the market by greater utilization of mining capacities of captive/private coal blocks which has led to increase in production…

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UCO Bank Posts Highest Ever Annual Net Profit

Highlights of Financial Performance for the year ended 31st March, 2023   v UCO Bank has posted highest ever Annual net profit of Rs.1862.34 Crore for the year FY23 as against Rs.929.76 Crore for Year FY22 registering y-o-y growth of 100.30%.   v Global business touched Rs.4,10,967.19 Crore as on 31.03.2023 as against Rs. 3,53,850.24 Crore as on 31.03.2022 registering y-o-y growth of 16.14%. This is again highest ever in the history of the Bank.   v Global Deposits scaled to highest level of Rs.2,49,337.74 Crore as on 31.03.2023 as…

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DRDO & Indian Navy conduct successful maiden test trial of indigenous Air Droppable Container ‘ADC-150’ from IL-38SD aircraft off Goa coast

Defence Research & Development Organisation (DRDO) and Indian Navy conducted the successful maiden test trial of ‘ADC-150’ from IL 38SD aircraft off the coast of Goa on April 27, 2023. ‘ADC-150’ is an indigenously designed and developed Air Droppable Container with 150 kg payload capacity. The trial was conducted to enhance the naval operational logistics capabilities by providing quick response to meet the requirement of critical engineering stores to ships (under distress), which are deployed more than 2,000 kms from the coast. It reduces the requirement of ships to come…

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NTPC and NPCIL sign Agreement for joint development of Nuclear Power Plants

  NTPC Ltd. signed a Supplementary Joint Venture Agreement with Nuclear Power Corporation of India Ltd. (NPCIL) in New Delhi today for development of Nuclear Power Projects. The agreement was signed by Mr. Ujjwal Kanti Bhattacharya, Director Projects, NTPC Ltd. and Mr. Ranjay Sharan, Director Projects, NPCIL in the presence of Shri R.K. Singh, Minister of Power, New & Renewable Energy, Shri K.N. Vyas, Secretary DAE & Chairman Atomic Energy Commission, Shri Alok Kumar, Secretary,Ministry of Power, Shri Gurdeep Singh, CMD NTPC, Shri B C Pathak, CMD NPCIL and senior…

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Geomagnetic pearl oscillations increase in the recovery phase of geomagnetic storms

Researchers have traced a very significant increase in special continuous oscillations with pearl-type structures called Geomagnetic Pc1 pearl oscillations on the surface of the Earth in the recovery phase of geomagnetic storms. This study is significant for investigating of precipitation particles during geomagnetic storms and can help us understand the radiation hazard to satellites and astronauts.   Earth’s magnetic field forms a protective shield around us, and various plasma waves are generated in this magnetic field cavity. However, geomagnetic storms often cause a dent in this protection. Energetic particles are…

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Medtech Life Participates in Medical Fair India Expo in Delhi, sets up Innovative Medtech Experience Centre

Medtech Life, India’s largest manufacturer of home healthcare electromedical devices announces its participation in the Medical Fair India Expo 2023 in Delhi. The company showcases its new products and services to the visitors at the Medtech Life Experience Centre, a dedicated booth set up at the event to allow visitors to experience the quality of their newly launched products.   At the Medtech Life Experience Centre, the visitors received a first-hand experience of Medtech's newest products and services, which were demonstrated by the company's experts. Several international brands, distributors, and…

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Coworking Share in Office Real Estate at 27% in Q1 2023, Up From 14% in Q1 2019

    Of over 8.2 Mn sq. ft. net office space in Q1 2023 across the top 7 cities, coworking comprised approx. 2.18 Mn sq. ft.; in pre-Covid Q1 2019, approx. 1.3 Mn sq. ft. net absorption of 9.3 Mn sq. ft. net absorption was by coworking Overall, the top 7 cities saw 90% growth in net coworking space absorption in this period – from 1.3 Mn sq. ft. in Q1 2019 to 2.18 Mn sq. ft. in Q1 2023 Bengaluru & NCR accounted for 66% of net coworking absorption…

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