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  Roscosmos, the Russian space agency, has announced that its Luna-25 spacecraft crashed on the moon. The output of an impulse was stated to have been given on Saturday in accordance with the spacecraft's flight plan for the creation of its pre-landing elliptical orbit. The Luna-25 spacecraft's communication was cut off about 14:57 Moscow time, according to a statement posted on Telegram by the space agency. The agency added that efforts made on August 19 and 20 to locate the gadget and contact it failed to yield any results. According to the findings of the preliminary analysis, the device transitioned to an off-design orbit and ceased to exist as a result of a collision with the lunar surface since the real impulse parameters differed from the calculated ones. Clarifying the causes of the loss of the Moon will be the focus of a specially created interdepartmental commission.  A day before it was supposed to touch down on the Moon's south pole, Luna-25 crashed. With this, ...

  The Commission for Social Development is an important platform for nations to come together and work towards sustainable social development. Ruchira Kamboj's appointment as the Chair of the 62nd Session of the Commission is a great honor for India and a testament to her diplomatic skills and experience.  The Commission for Social Development is one of the functional commissions of the United Nations Economic and Social Council. It was established in 1946 and its mandate is to promote social development and social justice. The Commission is responsible for monitoring and reviewing progress in the implementation of the Copenhagen Declaration and Programme of Action on Social Development. The Commission meets annually in New York to discuss issues related to social development. The 62nd Session of the Commission for Social Development took place in February 2023. The theme of the session was "Rethinking and strengthening social development in the contemporary world". The s...

In Gandhinagar, Gujarat, the  Prime Minister Narendra Modi innaugrated SemiconIndia 2023. The conference, which has "Catalysing India's Semiconductor Ecosystem" as its theme, intends to showcase India's semiconductor strategy and policy, with a mission to position the nation as a global hub for semiconductor design, production, and technology development. Semicon India 2023: Paving the Way for Semiconductor Sector Growth and Innovation in India The "Semicon India 2023" conference will highlight investment potential in India's semiconductor sector. By promoting networking, technical demos, and prosperous business opportunities, the event strives to hasten the development of the semiconductor sector. The three-day conference, which ends on July 30, will bring together specialists from across the world who specialise in semiconductor chip, display fab, chip design, and assembly to exchange their knowledge on new business prospects in India. The event will f...

  The film Oppenheimer, directed by Christopher Nolan, known for the films Inception, Interstellar, and The Dark Knight, is a remake of the 2005 book American Prometheus by Kai Bird and Martin J. Sherwin. The plot is on J. Robert Oppenheimer, a physicist who developed the atomic bomb as part of the controversial Manhattan Project, and charts his life and career. Cillian Murphy plays Oppenheimer in Nolan's film.  What Was the Manhattan Project? The Manhattan Project was a research initiative during World War II that was coordinated by the US, UK, and Canada. It ran from 1942 to 1946. It was intended for the development of the first nuclear weapons. Both J. Robert Oppenheimer, the director of the Los Alamos Laboratory that created the bombs, and Major General Leslie Groves of the U.S. Army Corps of Engineers, who is portrayed by Matt Damon in the film Oppenheimer, were in charge of the project. The experiment was successful, and two different kinds of atomic bombs—a gun-type and...

  The Indian Space Research Organisation (ISRO) has triumphantly announced that Chandrayaan-3, India's third moon mission, is on its way. It is projected to reach the Moon by the end of August if all goes as planned. The three-week journey will come to an end with the landing, which is expected around August 23. Once achieved, India will join an elite group of nations that have made a soft landing on the Moon, which currently includes the United States, the former Soviet Union, and China. The Indian Space Research Organisation (ISRO) conducted the fourth orbit-raising manoeuvre (earth-bound perigee firing) of the Chandrayaan-3 project on Thursday. According to ISRO, Chandrayaan-3 has reached its planned orbit of 71351 km x 233 km. The Launch Vehicle Mark-3 (LVM-3) successfully launched Chandrayaan-3 from the Satish Dhawan Space Centre's second launch pad in Sriharikota at 2.35 p.m. on July 14 and placed it in an elliptic parking orbit of 36,500 km x 170 km. The first four orbit...

 An important development in India's economic history was the currency crisis of 1991. It was a watershed event that prompted important policy changes and a change in India's economic direction. The balance of payments issue, in which India experienced acute foreign exchange shortages, was the primary cause of the crisis. A significant fiscal deficit, a significant current account deficit, and a decrease in foreign investment were all factors that contributed to this state of affairs. A major economic crisis resulted from the government's failure to produce sufficient foreign exchange reserves to meet its obligations to other countries.   The Indian government implemented the "New Economic Policy" or "Liberalisation, Privatisation, and Globalisation" (LPG) reforms as a response to the crisis. These changes attempted to lessen governmental control and bureaucracy, liberalise and open up the Indian economy, and draw in international investment. The devalua...

  The NEP was recently updated in 2020, after a gap of 34 years. The new policy aims to transform the education system of India and make it more relevant to the needs of the 21st century. The policy has been designed to provide equitable and inclusive education to all students, irrespective of their socio-economic background, gender, or location. One of the key highlights of the NEP is the introduction of a new 5+3+3+4 curriculum structure. Under this structure, the first five years of education will focus on the foundational stage, which will include play-based and activity-based learning. The next three years will focus on the preparatory stage, which will include experiential learning and an introduction to subjects such as mathematics, science, and social studies. The next three years will focus on the middle stage, which will include a more comprehensive and integrated approach to learning. The final four years will focus on the secondary stage, which will include a multidisci...

   Introduction The Enron controversy included the Enron Corporation, an American energy firm with headquarters in Houston, Texas. Following the company's bankruptcy filing, which was made public in October 2001, Arthur Andersen, one of the five largest audit and accounting partnerships in the world at the time, virtually ceased to exist. Enron was noted as the biggest audit failure at the time in addition to being the biggest bankruptcy reorganization in U.S. history. Background After combining Houston Natural Gas and InterNorth, Kenneth Lay founded Enron in 1985. Lay created a team of executives that were able to conceal billions of dollars in debt from failed transactions and projects through accounting loopholes, special purpose corporations, and bad financial reporting for several years. The company's stock price, which peaked at US$90.75 per share in mid-2000, crashed to less than $1 by the end of November 2001, prompting shareholders to file a $40 billion lawsuit. As th...

  Petrodollar System Explained The global elimination of the gold standard led to the emergence of the petrodollar. Since it is denominated in US dollars, the rate of US inflation and, if necessary, the exchange rate on the global stock market will determine how much it is worth. Both the US dollar and the petrocurrency are equally influenced by financial and other factors, with corresponding legal and commercial repercussions. Other nations committed to tying their currencies to the US dollar by signing the Bretton Woods Convention in 1944. However, stagflation led US President Richard Nixon to remove the currency from the gold standard on August 15, 1971. The Organisation of the Petroleum Exporting Countries (OPEC) dramatically raised oil prices in 1973 within a short period of time. Petrodollar Agreement 1973 The collapse of the Soviet Union in 1991, which made the US the only superpower in the materialized unipolar world, is what gave rise to the history of the petrodollar. The...

  On July 1, 1944 delegates from 44 nations gathered on, at the remote Mount Washington Hotel in Bretton Woods, New Hampshire, to take part in what is now known as the Bretton Woods Conference, as fighting raged in Europe and the Pacific during the Second World War. They met with the intention of reaching a consensus on a system of international cooperation and economic regulation that would aid in the recovery of nations from the devastation caused by the war and promote long-term global growth. The International Bank for Reconstruction and Development's (IBRD) and the International Monetary Fund's (IMF) Articles of Agreement were produced by conference attendees at its conclusion. The Mount Washington Hotel in Bretton Woods, New Hampshire. The United Nations Monetary and Financial Conference, as it was officially titled, began on July 1, 1944, with 730 delegates in attendance. Henry Morgenthau Jr., secretary of the U.S. Treasury, presided over the gathering. Commission II, w...

  According to a directive seen by Reuters, the Union government nominated Swaminathan Janakiraman as the Reserve Bank of India's deputy governor on Tuesday. The appointment would be effective for three years from the day of appointment. Mahesh Kumar Jain's term as managing director of the State Bank of India expires on June 22. Janakiraman will take his place. Who is Mr. Swaminathan Janakiraman? He is a banker with expertise in retail and corporate banking, international banking, trade finance, correspondent banking and FI products, digital banking, and transaction banking products, according to Swaminathan Janakiraman's updated LinkedIn page. Currently, he is in charge of the Corporate Banking and Subsidiaries vertical at SBI. I was in charge of the Bank's Risk Management, Regulatory Compliance, and Stressed Assets verticals in my most recent job. Janakiraman oversaw budgeting and performance monitoring, capital planning, and investor relations for the SBI's finan...

  The largest airline in India, IndiGo, said on Monday that it had ordered 500 Airbus A320 Family aircraft, breaking the previous record of 470 aircraft established in March by Tata-owned Air India. This deal represents the largest single aircraft purchase by any airline with Airbus. The record transaction aims to further strengthen IndiGo's dominance in India, the third-largest aviation market, as well as fuel its development into new international markets. The board had already approved an order for 500 Airbus aircraft from InterGlobe Aviation, the parent firm of IndiGo, which is thought to be worth $50 billion at the most recent list prices for Airbus aircraft. Given the usual use of huge discounts to such large purchases, the order's actual cost is anticipated to be considerably lower. In addition to Guillaume Faury, CEO of Airbus, Christian Scherer, Chief Commercial Officer and Head of International for Airbus, and V. Sumantran, Chairman of the Board of IndiGo, the purchas...

  Adani Digital Labs, a wholly owned subsidiary of the Adani Group, said on Friday that it is acquiring 100% equity in Stark Enterprises, which operates the online train booking platform Trainman. “Adani Digital Labs Private Limited, a wholly owned subsidiary of the Company has signed a Share Purchase Agreement in relation to its proposed acquisition of 100% stake in Stark Enterprises Private Limited, also known as Trainman, an online train booking and information platform,” a stock exchange notification from the Adani Group read. However, the financial details of the transaction were not disclosed. The IRCTC-approved start-up for booking train tickets, SEPL, is situated in Gurugram and was founded by IIT-Roorkee grads Vineet Chirania and Karan Kumar. It is an all-inclusive portal that offers a one-stop shop for purchasing railway tickets online.

India won the Intercontinental Cup after defeating a young Lebanon team at the Kalinga Stadium with two goals in the second half. At the Kalinga Stadium in Bhubaneswar, India defeated Lebanon 2-0 to win the Intercontinental Cup. Lallianzuala Chhangte's goal made it 2-0 in the 66th minute as India defeated Lebanon for the first time since 1977. Sunil Chhetri's goal broke the scoreless tie in the 46th minute. With 57% of the first half's possession, India had a commanding lead in the game. The tie was finally broken in the opening seconds of the second half thanks to an assist from Lallianzuala Chhangte to Sunil Chhetri. In the 66th minute, India widened their advantage as Chhangte changed roles and scored.  This was also the Indian team’s sixth consecutive clean sheet, equalling a record dating back to 1952. This is India’s first win over Lebanon since 1977.

  The NDA (National Democratic Alliance) government led by Prime Minister Narendra Modi has implemented various financial and development measures aimed at bolstering India's economy and infrastructure. Highlights of  some key initiatives and achievements of the NDA government up until September 2021. Capital Expenditure: The government has placed emphasis on increasing capital expenditure to drive infrastructure development and economic growth. Budget allocations have been directed towards sectors such as roads, railways, airports, and digital infrastructure, with the objective of improving connectivity and promoting sustainable development. Infrastructure Development: The government has launched several ambitious infrastructure projects, including the Bharatmala Pariyojana (road development program), Sagarmala Project (port-led development), and the Smart Cities Mission. These initiatives aim to enhance connectivity, modernize ports, upgrade urban centers, and improve the...

1. First Book written by Montesquieu? Ans:- The Spirit of Laws. 2. India signed a "Vision Statement for defense Cooperation" with which country? Ans:- Israel. 3. Which state has been ranked as the "Innovative" state in the national manufacturing Innovative Survey? Ans:- Karnataka. 4. Who has been appointed as the President of World Bank? And:- Ajaypal Singh Banga.