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Skyroot Aerospace Achieves Milestone with Vikram-1 Orbital Launch

Skyroot Aerospace Achieves Milestone with Vikram-1 Orbital Launch

Skyroot Aerospace, a private Indian company, successfully launched its Vikram-1 rocket, marking India's entry into the exclusive club of countries with private-sector orbital launch capabilities. The rocket carried six payloads, including a robotic arm for space debris capture and an Earth-observation camera. This launch signifies a major step for India's private space industry, which aims to increase its share of the global commercial space market. The mission, named Aagman, is the first of two planned test flights, with commercial services expected to begin in 2027.

Skyroot Aerospace Achieves Orbital Success with Vikram-1 Rocket

Skyroot Aerospace Achieves Orbital Success with Vikram-1 Rocket

Skyroot Aerospace Achieves Orbital Success with Vikram-1 Rocket

World shares mostly gain and South Korea and Japan recover some losses from AI stock sell-offs

World shares mostly gain and South Korea and Japan recover some losses from AI stock sell-offs

World shares have mostly gained and U.S. futures advanced, with markets in South Korea and Japan trading higher after recent declines due to heavy selling of stocks linked to artificial intelligence

Oil prices rise to five-week high on US-Iran attacks, Houthi blockade threat

Oil prices rise to five-week high on US-Iran attacks, Houthi blockade threat

By Scott DiSavino NEW YORK, July 21 (Reuters) - Oil prices climbed about 2% on Tuesday to a five-week high, on worries that energy supply disruptions could worsen in the Middle East due to more attacks between the U.S. and Iran and a threatened naval blockade of Saudi Arabia by Yemen's Houthis.

Wall Street points toward gains as AI-focused companies recover some of last week's losses

Wall Street points toward gains as AI-focused companies recover some of last week's losses

Wall Street pointed toward gains before the opening bell with chip and memory companies leading the way, while oil prices rose again as the U.S. and Iran exchanged more attacks

Morning Bid: Alphabetting

Morning Bid: Alphabetting

By Mike Dolan LONDON, July 22 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Oil prices, bond yields and chip stocks were rising in sync again overnight, as this renewed round of fighting between the U.S. and Iran entered its eleventh day with no

Survey Reveals Majority of Consumers Trust Cotton's Environmental Safety Amid Rising Microplastic Awareness

Survey Reveals Majority of Consumers Trust Cotton's Environmental Safety Amid Rising Microplastic Awareness

Survey Reveals Majority of Consumers Trust Cotton's Environmental Safety Amid Rising Microplastic Awareness

Skyroot Aerospace Achieves Milestone with Vikram-1 Rocket Launch

Skyroot Aerospace Achieves Milestone with Vikram-1 Rocket Launch

Skyroot Aerospace, an Indian private company, successfully launched its Vikram-1 rocket, marking a significant achievement in India's private space sector. The rocket, launched from the Satish Dhawan Space Centre, reached a 450-km orbit and deployed several payloads. This mission, named Aagaman, signifies India's growing presence in the global space industry. Skyroot, founded in 2018 by former ISRO scientists, has rapidly advanced, becoming India's first space unicorn with a valuation of $1.1 billion. The company plans to increase its rocket production and develop a larger launch vehicle, Vikram-2, by 2027.

Skyroot Aerospace's Vikram-1 Rocket Achieves India's First Private Orbital Launch

Skyroot Aerospace's Vikram-1 Rocket Achieves India's First Private Orbital Launch

Skyroot Aerospace successfully launched its Vikram-1 rocket on July 18, marking a significant milestone as India's first private orbital launch. The Hyderabad-based startup has been developing the Vikram-1, a four-stage launch vehicle, to deploy various satellites into orbit. This achievement highlights the growth of India's private space sector, which has been opening up to private players. The Vikram-1's successful launch demonstrates the capabilities of private space ventures in India and sets a precedent for future commercial and scientific missions.

Iran war, Myanmar crisis and South China Sea rifts under the spotlight in ASEAN ministerial talks

Iran war, Myanmar crisis and South China Sea rifts under the spotlight in ASEAN ministerial talks

Southeast Asia’s top diplomats will express alarm over renewed hostilities in the Middle East when they gather in the Philippine capital for annual talks

Wall Street holds steadier as chip companies swing back upward

Wall Street holds steadier as chip companies swing back upward

Wall Street is holding steadier, as stocks of chip companies and other winners of the artificial intelligence-boom swing back upward on their roller-coaster ride

Suzuki's no-frills cars once ruled India. Then buyers demanded frills.

Suzuki's no-frills cars once ruled India. Then buyers demanded frills.

By Aditi Shah NEW DELHI, July 20 (Reuters) - For some 40 years, Suzuki cars dominated India's roads. The Japanese company's relentless focus on keeping prices and running costs low put millions of people behind the wheel.