Saturday, August 4, 2012

India's Mars Mission gets one more step closer

The Union Cabinet gave the necessary clearance for Indian Space Research Organisation’s (ISRO) mission to Mars next year.
The mission that comes after the Chandrayaan mission to the moon, aims to put a spacecraft in the red planet’s orbit to study its atmosphere, with the help of the Polar Satellite Launch Vehicle (PSLV).
Now India joins the elite group of United States, Russia, Europe, Japan and China who also has similar projects. 
The mission is estimated to cost around Rs.4.50 Billion. An initial provision of Rs.1.25 billion was made in this year’s budget to initialize the process.

Base price for 2G spectrum auction fixed

The Union Cabinet took the decision to fix the reserve (minimum) price of Rs. 14,000 crore for 5 MHZ of pan-India 2G spectrum. This is Rs. 4,100 crore, less than the Rs 18,000-crore reserve price recommended by the Telecom Regulatory Authority of India (TRAI). 
The reserve price for 5 MHz of CDMA spectrum has been fixed at Rs. 18,200 crore, 1.3 times the price of GSM spectrum.
Telecom Minister Kapil Sibal's version of the decision: “This [the reserve price] is only the starting point of the auction. And I have absolutely no doubt that the auction itself will give us a much higher price.”

Saina gets bronze

In the match to determine the bronze winner Saina Nehwal declared winner as her Chinese opponent Xin Wang withdrew from the match because of injury. The first game was won by the Chinese opponent. This is India's third medal in this Olympics.

Worth reading