Category Archives: Business & Economy

NATIONAL: SCIENCE & TECHNOLOGY / DEFENCE / AEROSPACE: ISRO’s Vikram Sarabhai Space Centre carries out Parachute Airdrop test of Gaganyaan Human Spaceflight programme

The Gaganyaan deceleration system consists of three main parachutes, besides the smaller ACS, pilot, and drogue parachutes, to reduce the speed of the crew module to safe levels during its landing.

ISRO’s Vikram Sarabhai Space Centre has conducted the Integrated Main Parachute Airdrop Test (IMAT) of its crew module deceleration system for the much-awaited maiden Gaganyaan human spaceflight programme at the Babina Field Fire Range (BFFR) in Jhansi district of Uttar Pradesh.

The IMAT conducted on Friday marks a significant milestone toward realising the nation’s ambitious Gaganyaan project, the Indian Space Research Organisation (ISRO) said in a statement.

The Gaganyaan deceleration system consists of three main parachutes, besides the smaller ACS, pilot, and drogue parachutes, to reduce the speed of the crew module to safe levels during its landing, the space agency said.

Two of the three main chutes are sufficient to land the astronauts on earth, and the third is redundant, ISRO said adding that the IMAT test simulated the case when one main chute failed to open.

The IMAT test is the first in a series of integrated parachute airdrop tests planned to simulate different failure conditions of the parachute system before it is deemed qualified to be used in the first human spaceflight mission.

In this test, a five-tonne dummy mass, equivalent to the crew module mass, was taken to an altitude of 2.5 kilometres and dropped using the Indian Air Force’s IL-76 aircraft. Two small pyro-based mortar-deployed pilot parachutes then pulled the main parachutes.

The main parachute sizes were initially restricted to a smaller area to reduce the opening shock. After seven seconds, the pyro-based reefing line cutters cut the area restricting line, allowing the parachutes to inflate fully.

“The fully inflated main parachutes reduced the payload speed to a safe landing speed. The entire sequence lasted about 2-3 minutes as the scientists watched the different phases of the deployment sequence unfold with bated breath. There was loud cheer and applause as the payload mass landed softly on the ground and the gigantic parachutes collapsed,” the statement read.

The design and development of the parachute-based deceleration system is a joint venture of ISRO and the Defence Research and Development Organisation (DRDO).

“The overall system design, analytical simulations of parachute deployment and crew module descent under various conditions, the design and development of ordnance devices for parachute extraction and ejection, assembly, mechanical and electrical integration of deceleration system, it’s instrumentation and avionics for conducting this drop tests are done at ISRO’s leading Research and Development centre, Vikram Sarabhai Space Centre (VSSC), Thiruvananthapuram,” the space agency explained.

Senior ISRO and DRDO scientists and airforce officers were present when the crucial test was done.

“Besides proving the calibre of the scientists of ISRO and DRDO, the test also demonstrated the active coordination between the country’s premier agencies, namely ISRO, DRDO, the Indian Air Force, and the Indian Army,” ISRO said quoting a senior official.

source/content: telegraphindia.com (headline edited)

NATIONAL: SCIENCE & TECHNOLOGY/ INNOVATION: Samsung’s Initiative ‘Solve for Tomorrow’ Selects 3 Young Winners with Unique Solutions ‘Sputnik Brain, Udaan & Alpha Monitor’

The competition took into account real-life issues and the three winning teams are Sputnik Brain, Udaan and Alpha Monitor got a total grant of Rs 1 crore.

The last few months saw an interesting competition unfold across the country — Solve for Tomorrow, an initiative by Samsung. Like the name suggests, it was about coming up with solutions that will help people in the future.

The competition took into account real-life issues and the three winning teams are Sputnik Brain, Udaan and Alpha Monitor who get a total grant of Rs 1 crore and a six-month incubation by the Foundation for Innovation & Technology Transfer, IIT Delhi, to strengthen their prototypes, and seek real-world consumer validation for their products and services.

There was no first, second or third place, for all the three teams are winners and they have come up with equally good solutions to real-life problems. In June, as part of its Solve for Tomorrow programme, Samsung invited 16-22 year-olds in India to come up with innovative ideas in the areas of education, environment, healthcare and agriculture, the priority UN Sustainable Development Goals for India. A record 18,000 plus registrations were received in the inaugural edition.

Let’s look at the three winning entries. Sputnik Brain’s Shankar Srinivasan is working on a wearable device that will help reduce stress by “productising pleasure through safe brain modulation”. His safe brain modulation wearable device for mental health transmits waves within the FDA’s limit of frequency, intensity, and Pulse Repetition Period to mood centres in the brain. Considering stress causes high blood pressure, hypertension and a host of other issues, the 22-year-old decided to work on an innovation to reduce stress.

The trio of Prisha Dubey, Anupriya Nayak and Vanalika Konwar of Udaan are from Port Blair and Delhi and they have developed eco-friendly, affordable and washable sanitary pads using shredded sugarcane bagasse. The all-girls team wants to solve the social stigma around menstruation and reach out to underprivileged and rural women with their product.

Hemesh Chadalavada of Alpha Monitor from Hyderabad has developed a smart wristband to monitor Alzheimer’s patients and alert their caregivers about changes in their behaviour. The 16-year-old’s device monitors the patient’s health parameters, such as pulse and blood pressure and the caregiver and doctor are automatically alerted if the patient gets out of bed and starts wandering.

 “All the young Solvers are the future of India. They have the potential to change India and the world,” said Ken Kang, president and CEO, Samsung Southwest Asia. “The jury found it extremely tough to choose the top three winners as all the participants had brilliant ideas. We are delighted to support them in their future journey to unlock their full potential and strengthen our vision of powering digital India,” said Partha Ghosh, head, corporate social responsibility and communications, Samsung Southwest Asia.

source/content: telegraphindia.com (headline edited)

GLOBAL: LEADERSHIP / G20 Presidency Handed Over to India by Indonesia as Bali Summit ends

Prime Minister Narendra Modi while taking over said the Presidency of the grouping is a matter of pride for every citizen in India.

Indonesia on Wednesday handed over the G20 presidency to India for the coming year at the Bali summit here with Prime Minister Narendra Modi terming it a matter of pride for every Indian citizen.

At a brief ceremony, Indonesian President Joko Widodo handed over the G20 presidency to Prime Minister Modi at the conclusion of the two-day G20 Summit here.

“Together with every country’s efforts, we can make the G20 summit a catalyst for global welfare,” Modi said.

The handing-over ceremony came as the member states finalised the joint declaration.

Earlier, Foreign Secretary Vinay Kwatra said that India has contributed ‘constructively’ to drafting of G20 ‘outcome document’.

Delegations from the member states had differences on how to characterise the Russia-Ukraine war, with Ukraine’s western allies said to be seeking outright condemnation of Moscow.

There were fears earlier that the member states may not agree to a final document. G20 declarations require consensus of all members.

The declaration was not immediately released. Though the main business of the Summit ended in the afternoon, heads from some countries including India had scheduled bilateral talks on its sidelines for later in the day.

Modi was scheduled to leave Bali in the evening.

The G20 comprises 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US and the European Union.

Prime Minister Modi has promised a presidency that will be “inclusive” and a voice of the developing countries.

The next summit will be held in New Delhi on September 9-10.

Foreign Secretary Kwatra said the Indian delegation guided by the prime minister played a “key role” in the successful resolution of differences over the “outcome document.”

He said the “particular global context” was reflected in the consensus documents.

He said Modi’s observation that this is not an era of war and his advocacy of diplomacy and dialogue helped in reaching a “successful” outcome.

His message helped in consensus building, Kwatra said.

Modi met French President Macron Emmanuel in the morning. After the closing ceremony he was scheduled to have bilateral meetings with leaders from Indonesia, the UK, Australia, Germany and Singapore before leaving for Delhi.

On Tuesday, he had brief formal meetings with US President Joe Biden and Indonesian President Widodo.

The foreign secretary characterised the handshake between Modi and Chinese President Xi Jinping at a dinner on Tuesday evening as an exchange of pleasantries.

The two leaders had talked briefly and shaken hands, sparking interest as they have not held a bilateral meeting after a border clash in 2019.

source/content: telegraphindia.com (headline edited)

INTERNATIONAL: ARTS & CULTURE / CINEMA: Swara Bhasker becomes the First Indian Artist to join the International Competition Jury Panel of the ’44th Cairo International Film Festival’ (CIFF)

The 44th edition of CIFF opens with Steven Spielberg’s “The Fabelmans” on November 13.

 Actor Swara Bhasker has become the first Indian artist to join the international competition jury of the Cairo International Film Festival (CIFF).

Organised by the Egyptian Ministry of Culture, the Cairo International Film Festival is the oldest film festival in the Middle East.

The 44th edition of CIFF opens with Steven Spielberg’s “The Fabelmans” on November 13.

“I’m both grateful and honoured to be a jury member at such an illustrious festival that has for so many decades been a platform for showcasing global cinema.

It is an opportunity to watch some of the best cinema from the region and the world this year and that’s such a treat! I’m absolutely stoked,” Bhasker said in a statement.

Amir Ramses, iconic Egyptian director and festival director of Cairo International Film Festival said they are delighted to have the Indian actor on board.

“CIFF is proud to welcome Swara Bhasker, a noted and versatile actress from India who works across mainstream and independent cinema, as a member of the CIFF’s International Competition Jury.

A dynamic person of multiple talents, Bhasker is a very vocal activist who draws attention to causes that need highlighting as a public speaker and columnist.

CIFF is truly delighted that she brings such a varied experience and sensitivity to judging the films in the main competition of our forthcoming 44th edition,” Rames said.

CIFF’s international competition section contains 14 titles, including five world premieres.

Japanese filmmaker Naomi Kawase will preside over the international jury which also comprises Egyptian cinematographer Nancy Abdelfattah; Egyptian composer Rageh Daoud; Italian actor Stefania Casini; Mexican filmmaker Joaquin Del Paso; and Moroccan actor Samir Guesmi.

CIFF is scheduled to run from November 13 to 22 at the Cairo Opera House.

source/content: newindianexpress.com (headline edited)

GLOBAL: INDIA APPLAUDED: Bali G20 Summit: WHO Chief Tedros Adhanom Ghebreyesus thanks Prime Minister Modi for Collaboration in Building a Global Traditional Health Centre to ensure ‘Health for All’

Centre, supported by an investment of $250 million from India, aims at harnessing the potential of traditional medicine from across the world.

WHO chief Tedros Adhanom Ghebreyesus on Tuesday thanked Prime Minister Narendra Modi for collaborating with the world health body on hosting and building the global traditional health centre.

Prime Minister Modi, World Health Organisation Director-General Ghebreyesus and Mauritius Prime Minister Pravind Jugnauth laid the foundation stone for the WHO Global Centre for Traditional Medicine (GCTM) in Gujarat’s Jamnagar city in April.

The centre, supported by an investment of USD 250 million from India, aims at harnessing the potential of traditional medicine from across the world through modern science and technology to improve the health of people and the planet, according to the WHO.

Taking to Twitter, Ghebreyesus, who is in Bali to attend the ongoing G20 summit, tweeted, “Thank you #India Prime Minister @narendramodi for your collaboration with @WHO on hosting and building the global traditional health centre. Together for #HealthForAll! #G20.”

Ghebreyesus also posted a picture of him with Prime Minister Modi at the G20 Summit in Bali.

According to WHO, around 80% of the world’s population is estimated to use traditional medicine. To date, 170 of the 194 WHO member states have reported the use of traditional medicine, and their governments have asked for WHO’s support in creating a body of reliable evidence and data on traditional medicine practices and products.

During his address at the G20 Summit, Ghebreyesus underlined that food and energy are fundamental to human life, and human health. The lack of either, or their over-consumption, can have severe consequences for health and economies.

“The heaviest price for the crises in food and energy security is paid in human health. My ask for the @g20org leaders is to ensure that measures to protect and promote health are central to the global response,” he added

source/content: telegraphindia.com (headline edited)

NATIONAL: BEAUTY/ INDIAN BRANDS: The 3 Indian Brand Winners announced at the Inaugural Edition of the ‘BEAUTY&YOU India Awards 2022’ held at St.Regis Mumbai are ‘Bahut Beauty, Skinvest & Yaan Man’

The winners for Beauty&You India by The Estee Lauder Companies (ELC) and NYKAA, were announced.

The award programme that was developed by ELC’s New Incubation Ventures and launched in cooperation with NYKAA in July 2022 with the goal of finding, showcasing, and advancing the following generation of Indian beauty brands.

The ten finalists presented their businesses to a jury of leading industry experts including Katrina Kaif, Actor and Co-Founder, Kay Beauty; Sabyasachi Mukherjee, Founder & CEO, Sabyasachi; Nicola Kilner, Co-Founder & CEO, DECIEM; Deepica Mutyala, Founder & CEO, Live Tinted; Anaita Shroff Adajania, CEO, Style Cell; as well as leaders from The Estee Lauder Companies, NYKAA, Intercos and Sequoia Capital.

The finalists represent a variety of concepts ranging from breakthrough product innovation and re-imagining a centuries-old fragrance tradition to emerging consumer categories such as teen beauty, men’s skin care and digital beauty in the metaverse.

The winners, listed below, were announced at an awards evening at the St. Regis, Mumbai on November 9, 2022:

IMAGINE Category: $75,000 Prize for pre-launch concepts

* Bahut Beauty

Sonya Khubchandani De Castelbajac

Bahut Beauty’s new brand is inspired by India’s ancient historical perfume center at Kannauj – a city in the heart of Uttar Pradesh that is akin to Grasse in France and the lesser known perfume capital of India. Drawing on its venerable tradition, Sonya aims to develop an ethical and thoughtful homegrown brand, Deg & Bhapka(working title), that is experientially driven and celebrates the art and technology of the subcontinent.

GROW Category: $150,000 Prize for in-market businesses

* Skinvest

Divya Malpani

Skinvest creates solutions for skin issues like pigmentation, cellulite and dark circles via innovative products that also focus on gender neutrality and mental health advocacy. The brand currently retails 5 products that seamlessly bridge the gap between clinical and cool.

www.skinvest.com

COMMUNITY Award: $5,000 Prize for the best community engagement

* YAAN MAN

Rahul Shah

As a new-age skincare brand, YAAN MAN is all set to break societal taboos surrounding men and their relationship with skincare and makeup through clean and conscious products that are innovative, derived from nature and engineered for performance.

www.yaanman.com

“The debut edition of our program has witnessed stellar response from new and emerging brands,” said Anchit Nayar, Chief Executive Officer, E-commerce Beauty, NYKKA. “From tapping science and nature to impeccable consumer insight, the entries and finalists showed us the immense potential of beauty brands in India who are gearing up to win consumer’s hearts. This is only the beginning of this journey with the new generation of beauty entrepreneurs in India and we are looking forward to building the future of beauty together.”

“We are so proud of all the finalists who each represented a unique vision for beauty in India and beauty for modern consumers everywhere,” said Shana Randhava, Senior Vice President, New Incubation Ventures, The Estee Lauder Companies notes. “The three winners – Skinvest, Bahut Beauty and YAAN MAN – crafted concepts and businesses that inspired and excited us as to what the future of our industry holds. We look forward to working with them to support their groundbreaking ideas.”

With over 300 entries across 50 Indian cities, the application pool included a multitude of beauty brands across categories – skin care, hair care, fragrance, and colour cosmetics. Brand, product, marketing, and investment experts from ELC and NYKAA reviewed the entire application pool and shortlisted the ten most promising of brands and ideas before selecting winners. Some interesting insights from the applicants:

* Almost 50 per cent were skin care brands

* 95 per cent had a sustainability mission in place

* 80 per cent had a female founder as part of the founding team

* 25 per cent were in the pre-launch “IMAGINE” category

The winners will benefit from access to ELC and NYKAA relationships and expertise across the beauty ecosystem to nurture emerging ideas that amplify Indian voices and address unmet consumer needs. Among other resources, BEAUTY&YOU India will provide award winners with financial support, continued mentorship, increased awareness, and distribution support.

source/content: daijiworld.com (headline edited)

NATIONAL: LEADERS / LAW & ORDER: CHIEF JUSTICE OF INDIA: Justice DY Chandrachud takes Oath as 50th Chief Justice of India, November 09th, 2022

Supreme Court judge, Justice DY Chandrachud on Wednesday was sworn in as the 50th Chief Justice of India. The oath was administered by President Droupadi Murmu at the Rashtrapati Bhavan. 

Justice DY Chandrachud as CJI will have a tenure of more than two years and will demit office on November 10, 2024. 

Appointed as SC judge in 2016, Justice DY Chandrachud overturned the verdicts of his father in 2017 and 2018. In the famous Aadhaar verdict, the judge had starked a discordant node by dissenting with the majority and ruling that Aadhaar was unconstitutionally passed as a money bill and violative of fundamental rights. He had also dissented in a case related to the arrest of five human rights activists who had allegedly incited violence at Bhima Koregaon when the other two judges of the bench had allowed Pune police to continue their investigation as per law.

Justice Chandrachud has been a part of many constitution benches that have delivered path-breaking verdicts such as the decriminalisation of same-sex consensual sex by striking down section 377 of IPC which criminalises consensual unnatural sex between consenting adults and recognising “living will’ made by terminally-ill patients for passive euthanasia which have played a major role in strengthening the human rights jurisprudence in the country. He was was also part of the five-judge bench that delivered the famous Ayodhya verdict and that allowed the entry of women into Sabarimala temple.

The judge has also authored judgements that have batted for empowering women and breaking the shackles of patriarchy. In a ruling penned by him, the judge gave a massive boost to the reproductive rights of women by ruling that prohibiting unmarried or single pregnant women with pregnancies upto 24 weeks from accessing abortion while allowing married women to access them during the same period fell foul of the spirit of right to equality. In his most recent judgment, Justice Chandrachud remarked that two finger test re-victimizes & re-traumatizes women who may have been sexually assaulted and asked the centre to ensure that the practice is stopped. 

source/content: newindianexpress.com (headline edited)

INTERNATIONAL: PLANETARY SCIENCE: Dr. Arshia M Jacob, Winner of the prestigious ‘German Astronomical Society Award’

Dr Arshiya M Jacob is currently living the life of her dreams. Interested in science since childhood, she is now a research scholar at the iconic Max Planck Society in Germany. Moreover, she won the German Astronomical Society Award for the best research thesis.

Hailing from Maradu in Ernakulam district, Arshiya completed her B.Sc (Hons) in Physics from St. Stephen’s College, Delhi. In the second year, she was associated with the PSLV project at ISRO as part of her internship. This attracted her to astronomy.

After completing her degree in 2015, Arshia did her post-graduation at Bonn University in Germany. The thesis she submitted as part of the course impressed the director of the Max Planck Institute of Radio Astronomy. After that she got an opportunity to do research at the Max Planck Institute. Her research can be described, in simple terms, as the study of how clouds transform into stars.

Arshia studies matter and radiation in the galaxy. She also discovered some information about the chemical origin of the Milky Way. As part of the studies, Arshia Sofia also flew in the research plane.

Arsia’s research won the Otto Hahn Award, established by the Max Planck Society. The prestigious Otto Hahn Award is given to thirteen scientists who have made impressive research in the fields of physics and chemistry.

She gained the fame of this award when she won the award by the German Astronomical Society.

Dr. Arshia, who is currently pursuing a post-doctoral fellowship at John Hopkins University, Baltimore, United States, may return to Germany after completing his course. At Max Planck she could continue her research work with her own team of scientists.

Founded in 1948, the Max Planck Society has produced 23 Nobel Laureates till date. Swedish geneticist Svante Pabo, who won the Nobel Prize in Medicine this year, is part of the institute.

Research in science requires patience and dedication. Researchers should not be discouraged when results are negative or inconclusive. However, they have to work persistently to get the desired results that can significantly impact humanity.

Sofia
The Stratospheric Observatory for Infrared Astronomy is a joint project of NASA and the German Aerospace Center. The Boeing 747 SP aircraft has a reflecting telescope that can be observed under infrared lighting. The plane flies in the stratosphere – the layer of atmosphere that surrounds the Earth at an altitude of 11-13 km. Ground-based telescopes cannot make observations in the infrared field because the Earth’s atmosphere and water particles block infrared rays.

The Sophia project, which started in 2010, ended in September this year.

source/content: techbric.com (headline edited)

INTERNATIONAL: LEADERSHIP CO-OPERATION RECOGNITION: Former Indian Diplomat and Author Amit Dasgupta Appointed Member in the Order of Australia (AM)

Former Indian diplomat Amit Dasgupta has been appointed Honorary Member in the General Division of the Order of Australia (AM) for tirelessly promoting India-Australia bilateral relationship.

“Congratulations Mr Amit Dasgupta AM for your appointment as an Honorary Member, General Division, Order of Australia (AM). Honoured to confer this award, on behalf of Australia’s Governor-General, to @amit_adg for his longstanding contribution to the Australia-India bilateral relationship,” Sarah Storey, Australia’s Deputy High Commissioner to India, tweeted.

Congratulations @amit_adg! Your tireless support to the Australia-India bilateral relationship over the years is so worthy of this national recognition, Australian High Commissioner to India, Barry O’Farrel, tweeted.

As Consul-General of India to Sydney from 2009 to 2012, he was awarded a gold medal by the Multicultural Commission of the New South Wales government for promoting multiculturalism and harmony.

During this period, attacks against Indian students threatened Australia’s international reputation. Dasgupta’s personal efforts diffused the tensions and reassured the Indian diaspora.

Dasgupta played a pivotal role in establishing the Australia India Youth Dialogue. Now in its second decade, the Dialogue is a permanent fixture of the bilateral relationship, and fosters connections between Australian and Indian young people.

He continues to advance relations between the two countries as a Distinguished Fellow of the Australia India Institute, a Senior Fellow at the Society for Policy Studies, and as the Inaugural Country Director of the University of New South Wales since 2016.

Dasgupta’s deep and longstanding service to the Australia-India bilateral relationship is commendable and worthy of formal national recognition through his appointment as an Honorary Member in the General Division of the Order of Australia (AM).

A published author and educator, Dasgupta has served in various capacities in India and abroad in the course of his diplomatic career, including Cairo, Brussels, Kathmandu, Berlin and Sydney.

source/content: daijiworld.com (headline edited)

GLOBAL: TRANSPORT INFRA-STRUCTURE / RANKING : India’s Metro Network is Currently World’s 5th Largest: Hardeep Puri . Poised to Overtake Japan and Korea as 3rd Largest.

Around 810 km of metro line are operational in 20 cities in the country while more than 980 km of metro network and RRTS is currently under construction in 27 cities, Union Minister for Housing and Urban Affairs Hardeep Puri said on Friday, adding India currently has the fifth-largest metro network in the world.

“India will soon overtake advanced economies such as Japan and South Korea to become the third-largest network. These developments will lead to a significant reduction of traffic congestion and the associated air quality and emissions concerns,” the Minister said.

Puri, and Kerala Chief Minister Pinarayi Vijayan on Friday jointly inaugurated the 15th Urban Mobility India (UMI) Conference and Expo 2022 in Kochi.

Acknowledging the incorporation of best practices/ learnings from other countries into Indian Urban Mobility Systems, Hardeep Puri said that we have been able to learn from the experience of other countries.

The metro lines that we are introducing today are the kind of systems which are incorporating the best practices from others.

Our process of indigenisation is going to contribute to also an experience wherein we will be able to share with other countries placed in the similar level of the developmental ladder, he added further.

The Minister expressed satisfaction for his association with transport and the evolution of metro systems and other transport systems over the period of five years.

The Minister congratulated the Kochi Metro for the innovative Kochi Water Metro project, which will connect 10 islands through 15 routes and will cater to more than 100,000 people daily across 78 km of network.

The Water Metro will also provide a cheaper and more sustainable alternative to daily commuters.

Inland water transport is inherently more energy efficient than road or rail transport, he said.

source/content: siasat.com (headline edited)