"It is 'Modi's guarantee' that India will become the third largest global economy in the next five years," the prime minister said as he addressed the nation on the country's 77th Independence Day.
The plans for Aditya-L1 include placing the spacecraft in a halo orbit around the Lagrange point 1 (L1)--around 1.5 million km from the Earth--of the Sun-Earth system.
Taiwanese tech giant and key Apple supplier Foxconn said Monday it sees the potential to invest "several billion dollars" in India, with the firm looking to diversify its manufacturing away from China.
"India doesn't have to add new coal-based power plants, and all future growth in demand will be met by efficient usage of existing assets and new renewable energy sources," Sunil Dahiya from Centre for Research on Energy and Clean Air (CREA) said.
Around nine people were killed after a landslide led to the collapse of a temple and another seven people were killed due to a cloudburst in the last 24 hours.
"There is no danger that they interfere with each other or collide. There is enough space for everyone on the moon," the Russian space agency said.
The move is part of India's bid to boost domestic manufacturing and turn itself into a global manufacturing hub. "It makes sense that India captures a part of this market. Presently, India's share is negligible in the hardware sector even though India is a prominent player in the software sector," said Sanjib Pohit, author and professor at NCAER.
"I think we're very far from really understanding the scope of Chinese propaganda in the world. In our research work, every time we do a new research project, we unveil more and more projects, funds and initiatives aimed at spreading Chinese propaganda abroad," said Marius Dragomir, the Founding Director of the Media and Journalism Research Center.
"This is the third time in succession that ISRO has successfully inserted its spacecraft into the lunar orbit, apart from doing so into the Martian orbit," the space agency noted in a statement.
"Given the rigid Chinese stand on border issue, I would consider this is a golden opportunity for India to slowly disengage Indian economy from Chinese supply chain. India should look for alternative trading partners," said Sanjib Pohit, author and professor at the National Council of Applied Economic Research (NCAER), India.
The U.S. Department of State has called for calm and urged the communities to "refrain from violent actions" in light of the incidents.
"Indian manufacturers are looking for collaboration opportunities with international players to access the technology and finance at low cost," Vibhuti Garg, director, South Asia at IEEFA, said, adding that India can "set up the big capacities not only to meet their internal demand but also export to other countries and accelerate the roadmap to energy transition."
Deadly ethnic violence in India's troubled Manipur state divided communities but each side tells similar stories of loved ones murdered, homes torched and harsh new lives in camps.
India's space agency "might decide to send a team out to Australia to look at the location and look at the actual rocket itself ... or they may decide to actually leave it in Australia," Flinders University Associate Professor Alice Gorman said.
India is emerging as an attractive destination for electronics manufacturing, with global tech giants considering the country for its portfolio of production bases.
Countries like India and China — the two largest consumers — saw coal demand grow by more than 5% in the first half of 2023.
Environment ministers from G20 nations failed to agree on peaking global emissions by 2025 and other crucial issues to address the global climate crisis at their meeting in India on Friday.
Latin America received an uptick in attention in India when Foreign Minister S Jaishankar visited Guyana, Panama, Colombia and Dominican Republic earlier this year. This also marked a diplomatic shift because high-level visits from India to Latin America were rare.
Currently, the Indian economy sits in the fifth position in the world, behind the U.S., China, Japan and Germany.
"Unless the manpower in R&D sector is raised by at least 10 times, it cannot compete with China in the same sector. It has to raise by a factor of 40-50 to complete with USA. So that's a big vacuum,"
"Piloting rupee trade with India's most important partners in the immediate neighborhood, both economic and strategic, is of great significance to bring in predictability and assurances in long-term trade," Dr. Sabyasachi Saha, associate professor at the Research and Information System for Developing Countries, said.
"We decided to create something that is iconic, that borrows ... from its context and the community we are working (with)," Sonali Rastogi, co-founder of Morphogenesis, the Indian architecture firm that masterminded the building, said.