INDIA Aims For World Record With 100+ Satellite Launches In One Go.

“We are making a century by launching over 100 satellites at one go,”  said  the, Director of the Liquid Propulsion Systems Centre of the Indian Space Research Organisation (ISRO).

 If successful, India will set a world record as the first country to launch the most satellites in one go and leave behind Russia, which launched 39 satellites in a single mission in June 2014.

The space agency had earlier planned a launch of 83 satellites in the last week of January, of which 80 were foreign ones. But with the addition of 20 more foreign satellites, the launch was delayed by a week and will now take place in first week of February.

As India looks to grab a larger slice of the lucrative commercial space market,   this step will be a significant milestone. Launching several satellites at one go reduces cost and India has been trying to position itself as a key player as an effective but low-cost operator.

In June,2016, India set a national record after it successfully launched a rocket carrying 20 satellites, including 13 from the US.

In May, it successfully launched its first mini space shuttle as it joined the global race to make reusable rockets.

It sent an unmanned rocket to orbit Mars in 2013 at a cost of just $73 million, compared with NASA's Maven Mars mission which had a $671 million price tag.

India  is also mulling the idea of missions to Jupiter and Venus, according to PTI.

India jumped up 16 positions on a global index of the world's most competitive economies

In a big jump, India has moved up 16 positions to rank 39th on a global index of the world's most competitive economies. The report  showed that India fared well in goods market efficiency, business sophistication and innovation

India’s competitiveness improved across the board, particularly in goods market efficiency (60), business sophistication (35) and innovation (29). WEF said recent reform efforts by the government have concentrated on improving public institutions (up 16 places), opening the economy to foreign investors and international trade (up 4), and increasing transparency in the financial system (up 15).

India still needs to cover a lot of ground, the WEF said, citing labour market deficiencies, large, public enterprises that reduce economic efficiency, especially in the utilities sector and the financial market. Lack of infrastructure remains a critical bottleneck, the report said.  

Top Quotes from India @UNGA 2016 in respose to Pakistan PM's speech

The land of Taxila, one of the greatest learning centres of ancient times, is now host to the  Ivy League of terrorism.
 

The effect of its (Pakistan's) toxic curriculum are felt across the globe.

Pakistan’s nuclear proliferation record is marked by deception and deceit.

Pakistan channelises billions of dollars, much of it diverted from international aid, to training, financing and supporting terrorist groups as militant proxies against it neighbours.

Pakistan is a terrorist state.

Pakistan extends support to extremist groups, it suppresses minorities and women and denies basic human rights including through draconian laws.

Terrorist entities and their leaders continue to roam the streets of Pakistan freely and operate with State’s support.

Pakistan is a democracy deficit country and practises terrorism on its own people.

It is ironical that a country which has established itself as the global epicentre of terrorism, is preaching human rights and talks about the ostensible support for self-determination.

What my country and our other neighbours are facing today is Pakistan’s long-standing policy of sponsoring terrorism.

Bayer and Monsanto to Create a Global Leader in Agriculture

In the largest deal of 2016 (so far), after months of negotiations  with several  baby steps  agriculture giants Bayer and Monsanto announced  that  they are planning to merge. In an  all-cash   transaction    Bayer  striking the deal a $128  a share  valuing Monsanto at $66B.  including the debt.

Consolidation has been driven by a global  glut that has pushed down crop prices and hurt farm incomes, leading to reduced investment in agricultural inputs such as fertilisers and  Agrochemicals.   Several Mega & small mergers are right now underway/partially completed   like Dow Chemical and DuPont, ChemChina &   Syngenta, FMC & Cheminova  etc.

But the proposed merger  likely face an intense and lengthy regulatory process If the deal closes, it will create a company commanding more than a quarter of the combined world market for seeds and pesticides in the fast-consolidating farm supplies industry.

Both the   company executives claims the  businesses are complimentary & there is very little overlap between them.  However antitrust experts have said regulators  likely  demand the sale of some soybeans, cotton and canola seed assets.

The transaction includes a $2-billion break-up fee that Bayer will pay to Monsanto should it fail to get regulatory clearance. Bayer expects the deal to close by the end of 2017.

Can NSG be far behind? as India enters MTCR.

India became the 35th member of the Missile Technology  Control Regime (MTCR) as the members of the international anti-proliferation grouping agreed to admit India in the regime. The decks were cleared for India’s entry when it joined the Hague Code of Conduct against Ballistic Missile Proliferation.

MTCR is the first step for India’s entry in the four export control bodies, including the NSG (essentially  founded in response to the  Indian nuclear test in May 1974) , the Wassenaar  Arrangement and the Australia Group.   Entry & membership   of  few of  these  groups would end decades of denial of  some technology  &  further   will enable India to become a major supplier/player in the global missile market,   the technology  available in house now.  Over the years, it has developed technology that allows it to make missiles that precisely hit the targets.

While the NSG is focused on stemming the proliferation of nuclear weapons, the Wassenaar Arrangement establishes lists of items for which member countries are to apply export controls. Australia Group formed in 1985 prompted by Iraq’s use of chemical weapons during the Iran-Iraq War.

Only a few days ahead of  the MTCR clincher, India’s bid to enter the much-coveted  Nuclear Suppliers Group (NSG) was denied by  China, a  member in the group,  by blocking it.  China, has been  playing  the spoilsport  since long  but an entry to MTCR  should  not be long  before India takes its due  & deserve  seat in the NSG  which Is been pending since long.