Search Results for: infrastructure bonds

China wants to catch up with India in space technology

China Planning 'Better' Mars Mission

After the success of India's Mars Mission Mangalyaan, China has vowed to accomplish their own mission to Mars, which they claim will be "better" than India's. Sep 28, 2014
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India's maiden Mars mission successful

Bangalore, Sep 24 (ANI): India's maiden Mars mission was successfully accomplished after the spacecraft entered the orbit around the red planet early on Wednesday (September 24). Indian space agency ISRO's low-cost mission to Mars successfully entered Mars, crowning India as the first country to execute such a project in its maiden attempt. The spacecraft, called Mangalyaan, was launched in November last year. Prime Minister Narendra Modi himself closely watched the final phase of the launching at ISRO in Bangalore. The success of the Mars Orbiter Mission, lauded for its low price tag of $74 million, will boost India's five-decade-old space programme that Prime Minister Narendra Modi aims to expand with better infrastructure and technology. Sep 24, 2014
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Ravi Shankar Prasad visions India to prospect vastly in e-commerce

New Delhi, Sep 23 (ANI): Communications and Information Technology (IT) Minister, Ravi Shankar Prasad visions India to prospect vastly in e-commerce. Prasad believes that the country is sitting on the cusp of a big digital revolution as National Optical Fibre Network (NOFN) will herald a digital connectivity even in the villages. The other big focus area is the Digital India project, aimed at providing citizen services online. The project includes the NOFN, which will connect 60,000 gram Panchayats this year. Prasad on Tuesday told business lobbyists of the Associated Chambers of Commerce and Industry of India (ASSOCHAM) in New Delhi that digital empowerment of citizens is a core motive. He also added that digital infrastructure as utility to every citizen is another key area of the new government. Sep 23, 2014
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Pakistan exploiting Gilgit Baltistan

Gilgit, Sep 22: Poor infrastructure growth, poverty, unemployment and security continue to trouble the people of Gilgit Baltistan. People here are still deprived of their fundamental rights. Small and marginal traders in the region decry the imposition of taxes by the Pakistan government. Gilgit-Baltistan being a disputed region, Pakistan has no right to impose taxes on the people of the region. In an estimate, Pakistan takes away over Rs. 60 billion from the area under different taxes every year, but in return, gives nothing to the indigenous people. Gilgit Baltistan was annexed from the erstwhile princely state of Jammu and Kashmir and is strategically located between Pakistan, India, China and Afghanistan. It has been forcibly controlled by Pakistan for decades now. Since the setting up of the de facto provincial government in Gilgit Baltistan in 2009, Islamabad's exploitation of the region has gained momentum. Sep 22, 2014
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India Will Stand United Against Chinese Incursions: SP

New Delhi/Leh, Sep 20 (ANI): Samajwadi Party leader Naresh Agarwal, on Saturday said that Indians would stand united against Chinese incursions as Chinese President Xi Jinping’s trip to India was dominated by a standoff on a barren Himalayan plateau between soldiers from the two nations. Dozens of soldiers from both sides had a face off on the Ladakh plateau for over a week in a dispute about infrastructure works near the de facto border. Meanwhile, defence expert, Alok Bansal, said that such issues between the two neighbours would remain as long as there was no clear demarcation of the Line of Actual Control (LAC). BJP spokesperson Nalin Kohli said that Modi had held dialogue with Xi on the matter and everyone needs to wait for the outcome. Sep 20, 2014
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