Chandrayaan-3 Lands Near the Moon's South Pole 🌌

Good Morning ☕

Buckle up for an interstellar spectacle that's sure to send your imagination soaring—India has just pulled off a gravity-defying coup by smoothly landing its Chandrayaan-3 spacecraft near the moon's south pole, joining the elite club of lunar conquerors as the fourth country to achieve this audacious feat. But this isn't your run-of-the-mill moon mission; it's a frozen-treasure-seeking adventure aiming to unearth the moon's icy secrets, backed by the dynamic duo of the Vikram lander and the Pragyan rover.

With this celestial escapade, India has not only stamped its mark as a spacefaring superpower but also etched a pivotal moment in the annals of cosmic exploration. Ever wondered what happens when India combines moon landings with icy exploration?

Important News of the Day

1. Chandrayaan-3 lands on Moon: India becomes 4th country to land on lunar surface

India has successfully landed its Chandrayaan-3 spacecraft near the moon's south pole, making it the fourth country to achieve this feat. The mission aims to explore the uncharted territory of the moon's south pole, which scientists believe could hold vital reserves of frozen resources. The spacecraft consists of a lander named Vikram and a rover named Pragyan. This achievement solidifies India's position as a national superpower in space and marks an important milestone in its space exploration endeavors.

2. Jefferies Financial to hire 10 investment bankers for India expansion

Jefferies Financial Group is planning to hire about 10 investment bankers in India, expanding its team in India to about 25. The New York-based firm is looking to add bankers in ranks ranging from associate to managing director, as it seeks to strengthen its foothold in Asia, focusing specifically on India and Southeast Asia. Jefferies is embarking on a strategic expansion in India by hiring approximately 10 investment bankers.

3. Indore became the cleanest city in India in 2023

Indore, Madhya Pradesh has been named the cleanest city in India in 2023, according to the Swachh Survekshan survey conducted by the Ministry of Housing and Urban Affairs. This is the sixth year in a row that Indore has won the top spot. The survey evaluates cities based on parameters such as waste management, sanitation, and hygiene. Other cities that made it to the top 10 cleanest cities in India in 2023 include Surat, Navi Mumbai, Ambikapur, and Mysore.

4. President Biden regards India as the most important country in the world

US Ambassador to India Eric Garcetti stated that US President Joe Biden regards India as the most important country in the world. Garcetti made this statement while delivering a keynote address at the Indiaspora G20 forum on Tuesday. Biden reportedly told Garcetti that India is the most important country in the world to him. Garcetti also highlighted the profound connection between nations through the Indian diaspora.

5. 100 crore Kerala Cooperative Bank fraud case: ED raid

The Enforcement Directorate (ED) conducted a raid at the house of former Kerala Minister A C Moideen in connection with a money laundering probe into an alleged Rs 100-crore fraud in the Karuvannur Cooperative Bank. The raid lasted for 22 hours and resulted in the freezing of Moideen's two bank accounts. The ED also uncovered suspected benami deals during the raid. The probe is linked to a massive scam at the CPI(M) controlled Karuvannur cooperative bank. Moideen has claimed that the raid was pre-planned.

6. India will become the growth engine for the world in the coming years: Modi at BRICS Biz Forum

Indian Prime Minister Narendra Modi said at the BRICS Business Forum that India will become the growth engine of the world in the coming years. He attributed this to India's ability to take challenges as opportunities for economic growth. He also said that India will soon become a five trillion-dollar economy. The Prime Minister's comments come as India's economy continues to recover from the COVID-19 pandemic, with the country's GDP expected to grow by 10.5% in the current fiscal year.

7. Article 370 inadvertently remained on the statute: SC

India's Supreme Court has ruled that Article 370, which granted special status to the state of Jammu and Kashmir, was inadvertently left on the statute. The ruling came in response to a petition challenging the government's decision to abrogate the article in 2019. Article 370 exempted Jammu and Kashmir from the Indian constitution and allowed the region jurisdiction to make its own laws in all matters except finance, defence, foreign affairs, and communications. The government's decision to revoke the article led to an indefinite lockdown and troop deployment in the region.

8. Tata Communications launches 5G Roaming Lab for mobile network operators

Tata Communications has launched a global, cloud-based 5G Roaming Lab that enables Mobile Network Operators (MNOs) to test 5G standalone network applications before rolling them out to customers. The lab is equipped with hi-tech features and is designed with safety at its core. It will trial the international mobile roaming experience by closely monitoring traffic movement and network usage. The facility is expected to help MNOs to accelerate their 5G rollouts and offer innovative services to their customers.

9. Australian minister in India to expedite free trade agreement

Australian Prime Minister Anthony Albanese and Indian Prime Minister Narendra Modi have agreed to expedite their economic partnership and strengthen defence ties. They hope to seal a comprehensive trade deal by the end of the year that has been stuck in negotiations for over a decade. The Economic Cooperation and Trade Agreement (ECTA) was signed last year, and the two countries aim to double trade in the next five years. The bilateral trade between the countries was at $27.5bn in 2021, and India says trade has the potential to nearly double to $50bn in five years under the ECTA.

10. Oriana Power bags ₹138 crore contract for 20-MW solar project

Oriana Power has secured a contract worth INR 138 crore ($18.5 million) to build a 20 MW AC ground-mounted solar photovoltaic power plant in Dugdha, India. The project will be developed for Bharat Coking Coal Limited (BCCL) and is expected to generate enough electricity to power more than 10,000 homes annually. Oriana Power is a subsidiary of Singapore-based GIP-backed renewable energy platform, Equis Development. The company has a portfolio of over 1.5 GW of solar and wind assets across India, Puerto Rico, and Japan.

World News 🌎

• Two tankers collide in Suez Canal

• Chinese ships block Philippine vessels in South China Sea.

• Around 100,000 people evacuated due to floods in Pakistan

• China urges US to revoke visa curbs on officials over Tibetan 'assimilation' issue

• Global carbon credits market expected to touch USD 250 billion-mark by 2030, says expert

• Teenager rescued with seven others from a broken cable car over a Pakistan gorge says it was a miracle

• US Elections 2024: Eight presidential candidates, but no Donald Trump, on stage for first GOP debate

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