China launches Yaogan-27 remote sensing satellite

By Xinhua

A Long March-4C rocket carrying the Yaogan-27 remote sensing satellite blasts off from the launch pad at the Taiyuan Satellite Launch Center in Taiyuan, capital of north China’s Shanxi Province, Aug. 27, 2015. The satellite will mainly be used for experiments, land surveys, crop yield estimates and disaster prevention. (Xinhua/Yan Yan)

TAIYUAN, Aug. 27 (Xinhua) — China’s Yaogan-27 remote sensing satellite was sent into space on Thursday at 10:31 a.m. Beijing Time, from Taiyuan launch site in Shanxi Province, north China.

The satellite will mainly be used for experiments, land surveys, crop yield estimates and disaster prevention.

Yaogan-27 was carried by a Long March-4C rocket, the 207th mission for the Long March rocket family.

China launched the first “Yaogan” series satellite, Yaogan-1, in 2006.

News courtesy: People’s Daily
Read more » http://en.people.cn/n/2015/0827/c90000-8942511.html

China finally wins Thailand railway project

By Kong Defang (People’s Daily Online)

After many ups and downs, China has finally won the railway cooperation project with Thailand. Zhu Xijun, general manager of the Southeast Asia Company of China Railway Construction Corporation (CRCC), said on Aug. 26 that after six rounds of negotiation,both sides plans to sign the inter-governmental framework agreement on the China-Thailand Railway project in early September, and the commencement ceremony of the project is expected to be held in the end of October, Xinhua reported.

This year marks the 40th anniversary of China-Thailand diplomatic ties and the first yearof implementation of the “One Belt and One Road”initiative proposed by China. The China-Thailand Railway, which has a historical significance, has attracted tremendous attention.

According to Zhu Xijun, the project, which will be completed in 3 years, will bring actual benefits to the socioeconomic development of Thailand. After the railway puts into use,people will enjoy a much more convenient and cheaper transportation between China and Thailand. The price of a railway passenger ticket between Kunming and Bangkok will be about 3600 Thai Baht or 700 yuan, which is about a half or a third of an airline ticket, and the railway freight cost is only one ninth of the air freight.

The railway is estimated to add 2 million more Chinese tourists to Thailand every year andwill provide further convenience to its agricultural product export. With this railway,Thailand will be a new transportation hub of ASEAN countries.

Continue reading China finally wins Thailand railway project

Arrest warrants issued for senior PPP leaders Gilani, Amin Fahim

BY ISHAQ TANOLI | SHAFI BALOCH

KARACHI: A federal anti-corruption court here on Thursday issued non-bailable warrants for the arrest of Pakistan Peoples Party (PPP) leaders Yousuf Raza Gilani and Makhdoom Amin Fahim.

The order against the former prime minister and the senior PPP leader was issued after the Federal Investigation Agency (FIA) presented achallan (charge sheet) with 12 new cases — relating to multi-billion rupee scandal in the Trade Development Authority (TDAP) — registered against the two before the court.

Cases against the two PPP leaders, some former and serving senior officials of the TDAP and others were registered by FIA for their alleged involvement in approving and disbursing fraudulent trade subsidies of billions of rupees to several fake companies through fictitious claims and backdated cheques.

Read more » DAWN
See more » http://www.dawn.com/news/1203171/

Isro launches communication satellite GSAT-6

By Vanita Shrivastava, Hindustan Times

New Delhi – Isro’s large GSAT-6 communication satellite which has several strategic applications was on Thursday placed in orbit by a rocket powered by a home-made cryogenic engine.

The Geostationary Satellite Launch Vehicle (GSLV-D6) rocket lifted off from Sriharikota spaceport at 4.52pm on Thursday carrying the satellite. This was the ninth flight of the GSLV and the third development flight using a cryogenic engine.

Just after the lift-off the second stage  was ignited successfully, followed by the crucial third stage of cryogenics. After some time the   GSLV-D6 with indigenous cryo engine successfully placed  GSAT-6 in orbit.

Isro chairman Kiran Kumar told Hindustan Times: “One of the advanced features of GSAT 6  satellite is its S Band unfurlable  antenna of 6 m diameter. This is the largest satellite antenna made by our space agency. The antenna will be utilised for five spot beams over the Indian main land.”

GSAT-6 is the twenty fifth geostationary communication satellite of India built by ISRO and twelfth in the GSAT series. Five of GSAT-6’s predecessors were launched by GSLV in 2001, 2003, 2004, 2007 and 2014 respectively.

Continue reading Isro launches communication satellite GSAT-6

India Rising: Do people feel the economy picking up? – BBC report

India and the economy: Your questions answered

Is India really rising? How is the China devaluation affecting it? Is the country wasting money on space programmes when such a high percentage of its population lives in poverty?

These are among the many questions on India and the economy we answered on our Facebook page on Wednesday morning.

Questions came in from across the world on a range of economic areas, all of which can be found on the BBC News page.

Here are a few examples:

Ram Chandra: Miss Vaswami, What is it about India that the country is not attracting big enterprises like China did. Is globalisation dead?

A lot of the complaints I hear from foreign investors who want to invest here are the same ones that used to crop up five years ago when I was last reporting for the BBC here.

Issues such as ease of doing business, red tape, shoddy infrastructure and archaic labour laws are all concerns for big companies who want to invest in India – but it IS getting better.

Manufacturing companies are looking more closely at India as an alternative base to China – as wage growth there has made it more expensive for companies to do business.

What India needs to show the foreign investment community and its critics is that it serious about taking on painful but crucial economic reforms – many in the business community have told me they’re disappointed with the lack of progress on passing important bills during the last parliamentary session

Sendoi Likwasi: Does the devaluing of China’s currency positively or negatively affect India’s economy in terms of trade?

Predicting what might happen in the currency markets is very difficult.

The Indian currency has depreciated against the US dollar since the devaluation of the Chinese yuan earlier this month, but not by as much as other currencies in the region.

One argument is that emerging market currencies like the rupee must adjust to a lower yuan in order to make their exports more competitive and compete with Chinese goods.

For India, a weaker currency means its goods are cheaper overseas – but it also means the cost of raw materials – like oil – goes up. Currently India is enjoying the benefits of a low oil environment and it looks like it will stay that way for some time to come, but the bigger concern is over what the impact of a weakened Chinese currency might do in the longer term, and whether its devaluation may trigger the start of a global currency war.

Read more » BBC
See more » http://www.bbc.com/news/business-34063747

Pakistan embassy staff in Kabul limits movement

By Tahir Khan

ISLAMABAD: Pakistani diplomats and staffers of the country’s embassy in Kabul have been forced to restrict their movement following an alleged kidnapping bid and growing incidents of harassment, The Express Tribune has learnt.

Sources said some unidentified men tried to abduct an official of the Pakistani embassy in the Shehr-e-Nau area of Kabul on Tuesday, forcing him to postpone a meeting scheduled for the day and return to embassy premises.

“Embassy officials have spotted some people taking videos of the normal movement of Pakistani diplomats entering or exiting the embassy as well,” a source said. A senior Pakistani embassy official was also recently stopped at a police check post for two hours allegedly by agents of the National Directorate of Security (NDS), Afghanistan’s premier intelligence agency.

“The Pakistani embassy will not be able to continue to function in such a situation,” the source said.

Read more » The Express Tribune
See more » http://tribune.com.pk/story/945500/growing-harassment-pakistan-embassy-staff-in-kabul-limits-movement/