Kautilya

7,000 Small Satellites Expected to be Launched by 2027: V K Saraswat

Sensing the importance of such small satellites, Isro is planning to launch a small satellite launch vehicle (SSLV) that will be used extensively to launch small and nano-satellites, Saraswat said during a presentation at the inaugural session of the International Space Conference and Exhibition ‘Ushering the New Era in Indian Space Sector’, organised by the Confederation of Indian Industry, on Tuesday. Currently, Saraswat said, the Indian space economy is valued at $7 billion, which is around 2% of the global space economy worth $348 billion.

Road to Daulat Beg Oldi will Allow Tank Movement by Oct 15

Preparing for a long winter ahead facing the People’s Liberation Army (PLA) in East Ladakh, the Border Roads Organisation (BRO) has decided to allowed Srinagar-Zoji La-Kargil Leh axis to be closed only for 45 days from past average 95 days due to snow this year and will strengthen all the bridges on Darbuk-Shyok-Daulat Beg Oldi (DBO) road to bear the load of tank plus truck trailer by next month.

State Bank of India’s Digital Startup, YONO, Could be A $40 Billion Goldmine

State Bank of India’s (SBI) digital start-up YONO (You only need one) is being valued at US$40 billion and the bank is aiming to start it as a separate entity as a long-term plan. At present, the YONO platform has 2.76 crore users and has sourced Rs 20,000 crore personal loans and Rs 24,000 crore agriculture gold loans, with 50% leads for home loans and MSME loans being generated on the platform. Furthermore, it is adding 70,000 customers daily and providing loans worth Rs 70 crore per day.

Tax Tribunal Makes Innovative and Aggressive Use of IT Techniques to Dispense Faster Justice

The Income Tax Appellate Tribunal, a statutory quasi-judicial institution created under the Income Tax Act, 1961 and the second appellate authority dealing with disputes in the field of Direct Taxes and widely acclaimed as the ‘Mother Tribunal’, has been modelling itself on its motto of ‘Nishpaksh Sulabh Satvar Nyay’, meaning Impartial, Easy and Speedy Justice, by maintaining good disposal even during the COVID-19 Pandemic period.

India-Brazil-South Africa (IBSA) Calls for Speedy Global Efforts to Reform UN Security Council

The call was made in a joint statement issued after external affairs minister S Jaishankar chaired a customary meeting of foreign ministers of the India-Brazil-South Africa (IBSA) grouping via video conference. The other delegations were led by Brazil’s vice-minister for national sovereignty Fabio Marzano and South Africa’s minister of international relations Grace Naledi Mandisa Pandor.

Port Blair Airport to Have New Terminal Building

Veer Savarkar International Airport, Port Blair is soon going to have a new terminal building. The airport currently handles 18 lakh passengers annually. Considering the surge in the passenger traffic, Airports Authority of India has undertaken the work for construction of New Integrated Terminal Building at a cost of Rs. 700 crores.