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India’s boom, Russia’s crunch: how money is shaping a new space race

FILE PHOTO: A picture taken from the camera of the lunar landing spacecraft Luna-25 shows the Zeeman crater located on the far side of the moon, August 17, 2023. Roscosmos/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT./File Photo Acquire Licensing Rights

BENGALURU/WASHINGTON, Aug 22 (Reuters): The space race India aims to win this week by landing first on the moon’s south pole is about science, the politics of national prestige and a new frontier: money. India’s Chandrayaan-3 is heading for a landing on the lunar south pole on Wednesday. If it succeeds, analysts and executives expect an immediate boost for the South Asian nation’s nascent space industry. Russia’s Luna-25, which launched less than two weeks ago, had been on track to get there first – before the lander crashed from orbit, possibly taking with it the funding for a successor mission,

India says inflation pressures warrant govt, RBI vigilance

NEW DELHI, Aug 22 (Reuters) – Inflationary pressures in India caused by global uncertainty and domestic disruptions will require greater vigilance by the government and the Reserve Bank of India, the finance ministry said in its monthly economic report on Tuesday. The ministry’s comments come weeks after data showed retail inflation in July rose to its highest in 15 months, as vegetable and cereals prices skyrocketed. “Global uncertainty and domestic disruptions may keep inflationary pressures elevated for the coming months, warranting greater vigilance by Government and the RBI,” the government said. The finance ministry expects price pressures to abate thereafter. “The price

COVID-19 infection linked with high blood pressure in adults, finds study

Washington [US], August 22 (ANI): According to new research published in Hypertension, an American Heart Association journal, an analysis of electronic medical records for over 45,000 people found that Covid-19 infection was significantly associated with the development of high blood pressure. “While Covid-19 is typically more severe in patients with preexisting high blood pressure, including higher rates of hospitalization and mortality compared to people with normal blood pressure, it is unknown whether the SARS-CoV-2 virus may trigger the development of high blood pressure or worsen preexisting hypertension,” said senior study author Tim Q. Duong, Ph.D., professor of radiology and vice chair for radiology research and associate director of

Coal scam: Delhi court awards 3-year jail term to former steel ministry official

New Delhi, Aug 22 (PTI) A Delhi court on Tuesday awarded three-year jail term to a former official of the Ministry of Steel in a coal scam case related to alleged irregularities in the allocation of a coal block in Chhattisgarh. In the 14th sentence in the coal scam, Special Judge Arun Bhardwaj also imposed a fine of Rs five lakh on convict Gautam Kumar Basak, former executive secretary, JPC (Joint Plant Committee), Ministry of Steel, holding him guilty of corruption in the allocation of Vijay Central Coal Block. According to the prosecution, an allegation was made against Prakash Industries

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