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SCIENCE & TECHNOLOGY - August 2015

Aug 2015

Mar 04, 2024

Amit Shah Launches Umbrella Body for Urban Co-op Banks

  • Union Home Minister and Minister of Cooperation Amit Shah inaugurated the National Urban Cooperative Finance and Development Corporation Limited (NUCFDC), an umbrella organisation for urban cooperative banks.
  • Shah said that after 20 years of struggle, NUCFDC has been established, which was a necessity of time and marks a new beginning for self-regulation. The organisation, he said, will boost development of urban cooperative banks.
  • The minister suggested the Board of the newly launched NUCFDC to set up one urban cooperative bank in each unrepresented town/city in a time-bound program.
  • NUCFDC has received RBI's approval to function as a non-banking finance company and a self-regulatory organisation for the urban cooperative banking sector.
  • The main objective of NUCFDC should be to help urban cooperative banks adhere to the Banking Regulations Act and bring professionalism in their work.

SpaceX, NASA Successfully Launch Manned Crew-8 Mission to International Space Station

  • A SpaceX rocket lifted off from Florida carrying a crew of three US astronauts and a Russian cosmonaut on their way to the International Space Station (ISS) to begin a six-month science mission in Earth orbit.
  • Designated Crew 8, the mission marks the eighth long-duration ISS team that NASA has flown aboard a SpaceX launch vehicle since the private rocket venture founded in 2002 by billionaire Elon Musk and headquartered near Los Angeles began sending U.S. astronauts to orbit in May 2020.

Mar 03, 2024

IIT Mandi Developing Quantum Computer that Will Use Photons for Faster Calculations

  • The Indian Institute of Technology, Mandi, is developing a first-of-its-kind indigenous room-temperature quantum computer that will use photons for faster calculations. The computer, being developed as part of the National Quantum Mission, will be unique in its ability to analyse data and suggest solutions with 86 percent accuracy without traditional algorithms.

Mar 02, 2024

Iran Launches Pars-I Remote Sensing Satellite

  • Russia launched into space an Iranian research satellite which will scan Iran's topography from an orbit of 500 km (310 miles).
  • The remote Pars 1 research-sensing satellite, launched by a Russian Soyuz rocket from the Vostochny Cosmodrome, weighs 134 kg (295 pounds) and is equipped with three cameras.
  • Russia had sent Iran's remote Khayyam sensing satellite into orbit in 2022 from Kazakhstan's Baikonur Cosmodrome, reflecting deeper scientific cooperation between the two U.S.-sanctioned countries.

Feb 28, 2024

India's Reusable Launch Vehicle Named Pushpak

  • India's Reusable Launch Vehicle (RLV) was named Pushpak, a glimpse of the new livery was released during Prime Minister Narendra Modi's visit to the Vikram Sarabhai Space Centre.
  • Prime Minister Modi reviewed the progress of the vehicle, which is a key component of India's space exploration endeavours.
  • The reusable launch vehicle promises to revolutionise this domain by slashing launch costs by nearly 80%, thereby making space exploration more accessible and sustainable.
  • The Pushpak RLV is designed as an all-rocket, fully reusable single-stage-to-orbit (SSTO) vehicle, incorporating several major elements such as the X-33 advanced technology demonstrator, the X-34 test bed technology demonstrator, and the upgraded DC-XA flight demonstrator.

Feb 27, 2024

PM Modi Announces Names of 4 Astronauts for Gaganyaan Mission

  • Prime Minister Narendra Modi revealed the name of four astronauts who were selected for the Gaganyaan Mission.
  • The four chosen Indian Air Force pilots are Group Captain Prashanth Nair, Group Captain Ajit Krishnan, Group Captain Angad Pratap, and Wing Commander Shubhanshu Shukla.
  • The four astronauts were trained at Yuri Gagarin Cosmonaut Training Center in Russia. The Gaganyaan Mission is India's first human space flight programme.
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