Chandrayaan-3 integrated with launch vehicle

In a major milestone,Isro said it has integrated the Chandrayaan-3 spacecraft with the launch vehicle GSLV-Mk3or LVM3.

The space agency is looking at a mid-July launch (between July 12 and 19) window for India’s third lunar mission, and a second attempt at soft-landing equipment on Moon.

While the mission will carry a lander (Vikram) and rover (Pragna), it won’t carry an orbiter, which has been replaced by a propulsion module.
After its failed landing attempt in September 2019, Isro has carried out several changes on the lander.

At Rs 97,000, Gujarat ranks ninth in deposits per capita

Gujarat is among the top 10 states in India in deposits per capita, according to data from theReserve Bank Of India.

The states deposits per capita is Rs 97,000, ninth highest among the major states of India as of March 31, 2023. While the per capita deposits of several smaller states and Union territories are higher, among the major states, Gujarat stands ninth.

Gujarat is behind Delhi (Rs 3.94 lakh), Goa (Rs 3.92 lakh), Haryana (Rs 1.64 lakh),Punjab(Rs 1.51 lakh), Karnataka (Rs 1.26 lakh), Uttarakhand (Rs 1.24 lakh), Maharashtra (Rs 1.24 lakh) andKerala(Rs 1.02 lakh) on this parameter.

According to the latest report from the Gujarat state-level bankers committee (SLBC), aggregate deposits at banks in the state including scheduled , cooperative and small finance banks, stood at Rs 10.76 lakh crore.

India Can Surpass US e-com Market by 2034

India is poised to surpass the US as the second largest E-Commerce market by 2034, says a study by Shiprocket.

The global retail e-commerce stood at $3.35 trillion in 2019 and is expected to grow to $7.38 trillion by 2025. China e-commerce market was valued at $2779 billion in 2021. The US e-commerce market was the second largest market with $843 billion, followed by the UK, Japan, South Korea, Germany and France. India stood eighth with $67.53 billion.

According to the study, India may surpass the US by 2034 and be the second largest e-commerce market. India has the highest Growth in e-commerce followed by China. Countries like the US and the UK have been growing much slower.

India is also ranked 9th in cross-border e-commerce. Cross-border accounts for 20 per cent of global e-commerce. Indian products like fashion jewellery, textiles, ethnic wear and womens clothing have the potential to grow cross-border e-commerce.