Indian space scientists have successfully brought back to earth an orbiting satellite in the first of its kind mission aimed at demonstrating spacecraft recovery technology capability.
The 550-kg spacecraft, Space Capsule Recovery Experiment (SRE-1), spashed down in the Bay of Bengal, about 140 km east of Sriharkikota coast at around 9.45 am today as planned, ISRO officials said.
"A Coast-guard helicopter has located it. A ship has already move in. Recovery efforts are in full swing. The capsule is expected to be brought to Sriharikota via the Ennore Port by tonight," an ISRO official told PTI.
The capsule was launched by PSLV-C7 along with Cartosat-2 on January 10 from the Sriharikota spaceport and space scientists conducted two microgravity experiments on board related to metallurgy and biometric synthesis.
According to Bangalore-based ISRO, on re-entry into the earth's atmosphere, after initial aerodynamic braking, a parachute system reduced the touch down velocity. A floatation system kept the SRE afloat.
ISRO Chairman G Madhavan Nair had said earlier that SRE was intended for demonstrating the capability to recover an orbiting space capsule, and the technology of an orbiting platform for performing experiments in microgravity condition.
Officials said SRE, made of mild steel, was intended to test reusable thermal protection system, navigation, guidance and control, hypersonic aero-thermodynamics, management of communication blackout, deceleration and floatation system and recovery operations.
Indo-Australia committed to resolve agri-trade issues
Publish Date : 3/3/2007 7:21:00 AM
The agri-trade has become a very contentious issue in the World Trade Organisation (WTO), but India and Australia have agreed to resolve issues coming in the way of trade in agricultural goods by setting up a mechanism.
RBI to absorb more liquidity to contain inflation
Publish Date : 3/3/2007 7:11:00 AM
In a bid to further contain inflation, Reserve Bank of India today announced a modified market stabilisation scheme (MSS) and liquidity adjustment facility (LAF) to suck out Rs 11,500 crore from the system.
Gold and Silver prices turn distinctly weak
Publish Date : 3/3/2007 7:03:00 AM
Both the precious metals today turned distinctly weak on the bullion market as silver plunged by Rs 570 and gold by Rs 155 on heavy stockists offerings tiggered by sharp fall in the global markets.
Further fall in gold and silver prices
Publish Date : 3/2/2007 7:06:00 AM
Both the precious metals continued to decline on the bullion market here today on sustained offering from stockists in view of fall in the international markets.
Rupee ends marginally up at 44.26/27 a dollar
Publish Date : 3/2/2007 7:03:00 AM
The rupee today ended marginally higher at Rs 44.26/27 a dollar, supported by a smart recovery on equity markets coupled with fresh exporters' dollar sales.
Hyundai domestic sales up 74 pc in Feb
Publish Date : 3/2/2007 7:01:00 AM
Hyundai Motor India today reported a 74 per cent increase in its domestic vehicle sales during February at 15,459 units compared to the same month last year.
Hutchison Telecom files caveat fearing legal move by Essar
Publish Date : 3/2/2007 6:59:00 AM
Hong Kong-based Hutchison Telecom has filed a caveat before the Bombay High Court to ensure that its plea is heard in case Essar moves the court, challenging the the foreign partner's decision to sell stake to Vodafone.
Skoda slashes car prices up to Rs 24,000
Publish Date : 3/2/2007 6:56:00 AM
As car makers Maruti and Hyundai announced a hike in prices, luxury car maker Skoda Auto today slashed prices across all models by up to Rs 24,000 citing reduction in customs duty on imported car parts in the Budget.
Bond prices continue to decline
Publish Date : 3/1/2007 8:30:00 AM
Government bond prices continued to decline on persistent selling while call rates eased in view of ample liqudity in the system.
India should be more conscious of global developments: RBI
Publish Date : 3/1/2007 8:19:00 AM
The Reserve Bank of India today said the steep fall in Indian stock markets was a contagious effect of plunge in overseas bourses and the country should have strong market and regulatory mechanism to avoid disruption in markets.
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