Agnikul Cosmos: Indian startup Agnikul Cosmos unveils testing & manufacturing hubs in Chennai to validate reusable rocket stages

STIF is a fully in-house facility for testing reusable rocket stages under flight-like operating conditions NEW DELHI: In a giant step towards attaining reusable launch vehicle technology like Elon Musk’s SpaceX, Indian space startup Agnikul Cosmos has inaugurated two new assembly and testing facilities in Chennai.The company unveiled the Stage Testing & Inspection Facility (STIF)…

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Gold soars, but China keeps buying: People’s Bank of China adds 650,000 ounces in August, biggest monthly increase in nearly 3 years, extends buying streak to 22 months

China, which ranks among the world’s biggest official-sector gold buyers, has now continued adding bullion to its reserves for 22 consecutive months. Gold prices are driven not just by the gold individuals buy or sell. In fact, one of the biggest factors that drives gold prices is the trendline of central banks buying or selling…

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Rs 20,700 crore, 326 km more: India completes its Dedicated Freight Corridor network as PM Modi inaugurates three new sections; now fully operational across 2,843 km with 443 trains daily as of now

Together, these stretches cover 326 route kilometres and have been developed at a cost of more than Rs 20,700 crore. India’s dedicated freight corridors network is expanding with Prime Minister Narendra Modi inaugurating some key new sections on Tuesday. PM Modi dedicated three key sections of the Western Dedicated Freight Corridor (WDFC) to the nation….

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Samsung India cuts 80-100 jobs as chip prices more than double and smartphone volumes fall 11-12%; another round may come after Diwali, up to 25% of electronics sales and marketing staff at risk

Those affected include director-level officials and team leads at the company’s headquarters. (Image for representative purpose only) Samsung India Electronics has started laying off its workforce in phases as its core smartphone business faces pressure on sales and margins following a more than twofold increase in memory chip prices. Around 80-100 executives in the television…

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Stock Market Today Live Updates: Gift Nifty signals weak start as crude stays above $97; Where are NSE Nifty50 and BSE Sensex headed?

Asian markets were mixed, with South Korea and Taiwan among the markets showing gains, while Hong Kong and Australia traded lower. The Hang Seng Index fell 141.87 points, or 0.56%, to 25,271.25. South Korea’s Kospi gained 133.69 points, or 1.91%, to 7,129.08, while Taiwan’s index rose 184.81 points, or 0.39%, to 47,511.08. Japan’s Nikkei was…

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