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Understanding sun is important for world, not India alone: Isro chief after Aditya-L1 enters final orbit
Credit: IndiaTimes- Published on January 6, 2024
Soon after Indian Space Research Organisation (Isro) placed the Aditya-L1 spacecraft into its final destination orbit, Isro chief S Somanath said that the crucial mission is not just India's alone but for the entire world. "The solar mission, Aditya-L1 is for the whole of the world, not for India alone, for all of us to...
Video credit: Wibbitz Top Stories
Published on January 9, 2024 - 01:31
Global Economy on Track for Worst 5 Years of Growth in 3 Decades
Global Economy on Track for , Worst 5 Years of Growth , in 3 Decades.
The World Bank recently warned that
the global economy is headed toward its
worst half decade of growth in over 30 years.
CNBC reports that global growth
has been forecast to slow for the
third consecutive year in 2024. .
The World Bank said in its latest
'Global Economic Prospects' report that global
growth dropped from 2.4% to 2.6% in 2023.
In 2025, the organization predicts growth will rise
marginally to 2.7%, while acceleration is expected
to remain well below the average rate of the 2010s.
The World Bank warned that heightened
geopolitical tensions present challenges
that threaten to leave many economies with
slower growth than in the previous decade.
You have a war in Eastern Europe,
the Russian invasion of Ukraine.
You have a serious conflict
in the Middle East. , Ayhan Kose, World Bank deputy chief economist
and director of the Prospects Group, via CNBC.
Escalation of these conflicts could
have significant implications for
energy prices that could have
impacts on inflation as well
as on economic growth, Ayhan Kose, World Bank deputy chief economist
and director of the Prospects Group, via CNBC.
The World Bank went on to warn that without
a "major course correction," the 2020s will be
remembered as "a decade of wasted opportunity.".
Near-term growth will remain weak,
leaving many developing countries
— especially the poorest — stuck in
a trap: with paralyzing levels of debt
and tenuous access to food for
nearly one out of every three people, Indermit Gill, World Bank Group chief economist
and senior vice president, via CNBC.
Near-term growth will remain weak,
leaving many developing countries
— especially the poorest — stuck in
a trap: with paralyzing levels of debt
and tenuous access to food for
nearly one out of every three people, Indermit Gill, World Bank Group chief economist
and senior vice president, via CNBC.
The bank stressed that the world's goal of making
the 2020s a "transformative decade" appears to be
failing, but governments still have time to act. .
Investment booms have
the potential to transform
developing economies and
help them speed up the energy
transition and achieve a wide
variety of development objectives, Ayhan Kose, World Bank deputy chief economist
and director of the Prospects Group, via CNBC.
Investment booms have
the potential to transform
developing economies and
help them speed up the energy
transition and achieve a wide
variety of development objectives, Ayhan Kose, World Bank deputy chief economist
and director of the Prospects Group, via CNBC
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ISRO
Indian national space and aeronautics agency
The GSAT-20, a 4,700 kg satellite, exceeds the weight capacity of India's indigenous rockets, making SpaceX the natural choice for the mission
Credit: DNA - Published 12 hours ago
At the 'VIVIBHA-2024' conference in Gurugram, India, RSS Chief Mohan Bhagwat urged researchers to develop Bharat-centric developmental frameworks. Speakers,..
Credit: IndiaTimes - Published 1 day ago
The two satellites arrived at ISRO's Satish Dhawan Space Centre earlier this month. They were tested in the Spacecraft Preparation Facility-1B (SP-1B facility)..
Credit: DNA - Published 1 day ago
The Indian Space Research Organisation (ISRO) has released a study revealing significant returns on investment for India's space program. The report highlights..
Credit: IndiaTimes - Published 3 days ago
India is expanding civilian access to its navigation system, NaVIC, by introducing new satellites with L1 band technology. The Indian Space Research Organisation..
Credit: IndiaTimes - Published 1 week ago
S. Somanath
Indian aerospace engineer
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