To the Moon 🚀🌕

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August 01, 2023

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Heres whats going on in 🇮🇳

  • ISRO injects Chandrayaan-3 spacecraft into translunar orbit

  • ED attaches immovable assets of former Bihar CM Rabri Devi worth over Rs six crore in Railway job for land scam

  • Parliament passes Cinematograph (Amendment) Bill, 2023 prohibiting unauthorised recording and exhibition of films

Chandrayaan-3 Heads to Moon After Successful Earth Orbits 🚀

India's ISRO has successfully positioned the Chandrayaan-3 spacecraft in the translunar orbit, marking a significant milestone in its mission to the Moon. After completing orbits around Earth, the spacecraft is now en route to the Moon. The final objective is a soft landing of the lander on the lunar surface, scheduled for August 23. This mission demonstrates India's advancements in space exploration and reinforces ISRO's position on the global stage.

Why it's important: ISRO's successful injection of Chandrayaan-3 into the translunar orbit showcases India's growing space capabilities and potential to undertake complex lunar missions. The soft landing attempt on the Moon can lead to significant scientific discoveries and pave the way for future lunar explorations. It also enhances India's presence in the international space community, fostering collaborations and technological advancements.

ED Attaches Assets in Alleged Railway Job for Land Scam Involving Lalu Prasad's Family 🤥

The Enforcement Directorate (ED) has provisionally attached assets worth over six crore rupees in an alleged Railway job for land scam involving Lalu Prasad's family. The assets include immovable properties owned by Rabri Devi, Misha Bharti, Vineet Yadav, and two companies linked to Lalu Prasad. The scam alleges appointments in the Railways were given in exchange for land transactions with the RJD Chief's family during his tenure as Railways Minister under the UPA rule.

Why it's important: The ED's attachment of assets brings attention to a significant corruption case involving a prominent political figure and his family. The alleged scam raises concerns about the misuse of public office for personal gains and highlights the importance of transparency and accountability in governance. Investigating and prosecuting such cases are crucial to maintaining the integrity of public institutions and restoring public trust in the political system.

Parliament Passes Cinematograph (Amendment) Bill to Tackle Film Piracy 🏴‍☠️

Summary: Parliament has approved the Cinematograph (Amendment) Bill, 2023, which amends the Cinematograph Act, 1952. The new legislation makes film certificates perpetually valid, helping the Indian film industry combat piracy. Information and Broadcasting Minister Anurag Singh Thakur emphasized that the Bill aims to protect film content, curb piracy-related losses amounting to around 22 thousand crore rupees annually, and ease the licensing process. The Bill also introduces penalties for unauthorised film recording and creates additional certificate categories based on age.

Why it's important: The Cinematograph (Amendment) Bill addresses crucial issues faced by the Indian film industry, such as film piracy and unauthorised recordings. By perpetually validating film certificates, the legislation offers greater protection to filmmakers' work and discourages piracy activities. Additionally, the Bill's provision for age-based certificate categories ensures age-appropriate content consumption. The passing of the Bill signifies the government's commitment to support and elevate the film industry, bolstering India's soft power on the global stage.

Global Chronicles: Unveiling the World's Stories 🌐 

  • Russian ballistic missiles hit a residential complex and a university in President Zelensky's hometown, Kryvyi Rihon, killing six people, including a 10-year-old girl and her mother. 75 others were injured in the devastating attack.

  • Islamic State group claims responsibility for a suicide blast in Bajaur, Pakistan, killing 54, including 23 children, and injuring nearly 200. The international community, including the US, Russia, and Saudi Arabia, condemns the attack.

Market Movers: Unraveling the Latest Business Buzz 🤑 

  • The Indian rupee closed at 82.25 against the US dollar in the forex market. Meanwhile, the dollar index stood at 101.68, reflecting the strength of the US currency against major global currencies.

  • India's Index of Eight Core Industries (ICI) grew by 8.2% in June 2023 compared to June 2022. Key sectors like steel, coal, cement, and others contributed to the positive growth. The ICI tracks the performance of vital industries that form a significant portion of the Industrial Production Index. Additionally, the final growth rate for March 2023 is revised to 4.2%, and the cumulative growth rate for April to June 2023-24 is reported at 5.8%.

Sports Spectacle 🏅 

  • Indian shooters and archers shone at the World University Games in China, winning six medals, including four golds. Aishwary Pratap Singh Tomar and Avneet Kaur were among the top performers. India secured a total of 17 medals, putting them in second place behind China.

  • India and West Indies face off in the third ODI today in Trinidad. After a win and a loss each, the series is tied at 1-1. T20I series follows.

Meme of the day

Thank you for being awesome readers and staying informed with our news updates! We look forward to having you join us again on the next one for more exciting stories.

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