India launches all-weather RISAT-1

April 26, 2012
Harikota

Sriharikota, April 26: India's first indigenous all-weather Radar Imaging Satellite (RISAT-1), whose images will facilitate agriculture and disaster management, was today launched successfully on board the PSLV-C19 from here.

The 1,858 kg spacecraft, the country's first microwave remote sensing satellite, was injected into orbit by the Polar Satellite Launch Vehicle about 19 minutes after a perfect lift off at 5.47 am at the end of the 71-hour countdown from the Satish Dhawan Space Centre here, around 90 km from Chennai.

Indian Space Research Organisation's workhorse launch vehicle PSLV yet again proved its reliability completing its 20th successful flight in a row launching RISAT-1, the heaviest satellite ever lifted by it.

RISAT-1, culmination of nearly ten years of effort by ISRO, has the capability to take images of the earth during day and night as well as in cloudy conditions. Till now, India depended on images from a Canadian satellite as existing domestic remote sensing spacecraft cannot take pictures of earth during cloud cover.

Lifting off in the backdrop of crimson East from the first launch pad, the 44-metre tall rocket soared majestically into the sky in a mission described as 'a grand success' by ISRO Chairman K Radhakrishnan.

It was a textbook launch with each of the four stages of the rocket performing as programmed and the scientists at the mission control centre broke into cheers when the satellite was injected into orbit.

"I am extremely happy to announce that the PSLV C-19 mission is a grand success. This is the 20th successive successful flight of our PSLV. It injected precisely India's first radar imaging satellite into the desired orbit," a beaming Radhakrishnan said.

India had in April 2009 launched a Radar Imaging Satellite (RISAT-2) with all weather capability but it was bought from Israel for USD 110 million largely for surveillance purposes.RISAT-1 was launched using the state-of-the-art new Mission Control Centre for the first time after its inauguration by President Pratibha Patil in January, Mission Director P Kunhikrishnan said.

The launch of RISAT-1 was originally slated for March but the ISRO row, the fall-out of the punitive action against four former space scientists for their role in the Antrix-Devas deal, cast a shadow apparently delaying the preparations.

ISRO used PSLV-XL, high-end version, only third such instance, for today's launch. The XL version was earlier used for Chandrayaan-1 and GSAT-12 missions.

The approved cost of RISAT-1, including its development, is Rs 378 crore, while Rs 120 crore has been spent to build the rocket (PSLV-C19), making it a Rs 498-crore mission.

The spacecraft, which would be parked at its final orbit of 536 km altitude, has a mission life of five years and would make 14 orbits per day.

Besides use in the agriculture sector, RISAT-1 could also be used to keep round-the-clock vigil on the country's borders, but ISRO officials had said this satellite would not be used for defence applications. RISAT-2, primarily a spy spacecraft, is already doing that job.

RISAT-1's capability to take images in all weather conditions including fog and haze would be a boon for regions perennially under cloud cover.

The satellite carries a C-band Synthetic Aperture Radar (SAR) payload, operating in a multi-polarisation and multi-resolution mode to provide images with coarse, fine and high spatial resolutions respectively.

The unique characteristics of SAR enable applications in agriculture, particularly paddy monitoring in kharif season and management of natural disasters like flood and cyclone.

The satellite would be particularly useful in Kharif season when cloud-covered atmosphere is frequent. Images taken from the spacecraft of agricultural crops would enable planners with regard to production estimation and forecast.

During floods, aerial pictures would give a clear idea on the affected region and water level.

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Business Desk
April 8,2025

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Agencies
April 6,2025

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New Delhi, Apr 6: President Droupadi Murmu on Saturday gave her assent to the Waqf (Amendment) Bill, 2025, which was passed by Parliament earlier this week.

Murmu also gave her assent to the Mussalman Wakf (Repeal) Bill, 2025.

"The following Act of Parliament received the assent of the president on April 5, 2025, and is hereby published for general information: The Waqf (Amendment) Act, 2025," the government said in a notification.

Parliament early on Friday approved the Bill after the Rajya Sabha gave its nod to the contentious legislation following an over 13-hour debate.

The discussion witnessed staunch objections from opposition parties, which termed the Bill "anti-Muslim" as well as "unconstitutional", while the government responded that the "historic reform" would benefit the minority community.

The Bill was passed in the Rajya Sabha with 128 members voting in favour and 95 opposing it.

It was passed in the Lok Sabha early on Thursday, with 288 members supporting it and 232 against it.

Parliament had also approved the Mussalman Wakf (Repeal) Bill, with the Rajya Sabha giving its nod. The Lok Sabha had already given its assent to the Bill.

After the president gave her assent, it has also become a law.

Congress MP Mohammad Jawed and All India Majlis-e-Ittehadul Muslimeen (AIMIM) president Asaduddin Owaisi on Friday challenged the validity of the Waqf (Amendment) Bill in the Supreme Court, saying it violated constitutional provisions. 

Jawed's plea alleged the Bill imposed "arbitrary restrictions" on Waqf properties and their management, undermining the religious autonomy of the Muslim community.
The petition, filed through advocate Anas Tanwir, said it discriminated against the Muslim community by "imposing restrictions that are not present in the governance of other religious endowments".

Jawed, the Lok Sabha MP from Kishanganj in Bihar, was a member of the Joint Parliamentary Committee on the Bill and alleged in his plea that it "introduces restrictions on the creation of Waqfs based on the duration of one's religious practice".

In his separate plea, Owaisi said the Bill took away from Waqfs various protections accorded to Waqfs and Hindu, Jain and Sikh religious and charitable endowments alike.

Owaisi's plea, filed by advocate Lzafeer Ahmad, said, "This diminishing of the protection given to Waqfs while retaining them for religious and charitable endowments of other religions constitutes hostile discrimination against Muslims and is violative of articles 14 and 15 of the Constitution, which prohibit discrimination on the grounds of religion."

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News Network
April 1,2025

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As the new financial year begins, several significant financial and tax-related changes take effect from April 1, 2025. Many of these updates were announced by Finance Minister Nirmala Sitharaman in the Union Budget 2025 and have now been officially approved as part of the Finance Bill 2025.

Some of the key changes include income tax exemption on annual earnings up to Rs 12 lakh, deactivation of UPI for long-unused mobile numbers, and suspension of dividend payouts for individuals who haven’t linked their PAN with Aadhaar. Below is a comprehensive look at all the important updates.

1. Income Tax Exemption & New Tax Slabs
Under the revamped tax regime:
✅ Individuals earning up to Rs 12 lakh per year will be completely exempt from income tax.
✅ For salaried employees, a standard deduction of Rs 75,000 raises the effective tax-free limit to Rs 12.75 lakh.
✅ To claim a rebate of up to Rs 60,000, taxpayers must file their returns on time.
✅ The new tax structure applies to income earned between April 1, 2025 – March 31, 2026, and will be reflected in ITR filings for FY 2025-26 (AY 2026-27).

2. Major Changes in TDS & TCS Rules
To provide tax relief and streamline transactions, several TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) amendments have been introduced:
🔹 TDS on bank interest for senior citizens has doubled from Rs 50,000 to Rs 1 lakh.
🔹 TDS on dividend income has increased to Rs 10,000.
🔹 TCS on overseas remittances under the Liberalised Remittance Scheme (LRS) has been raised from Rs 7 lakh to Rs 10 lakh.

3. UPI Deactivation for Inactive Mobile Numbers
The National Payments Corporation of India (NPCI) will start unlinking UPI IDs associated with inactive mobile numbers. If your number has been inactive for a long period:
🔸 Your bank may remove it from their records.
🔸 You could face disruptions in Google Pay, PhonePe, or any UPI-based transactions.
🔸 This change enhances security by preventing unauthorized access to old UPI-linked accounts.

4. New GST Rules
Several Goods and Services Tax (GST) updates take effect:
🔹 Multi-factor authentication (MFA) is now mandatory for logging into the GST portal, improving online security.
🔹 E-way bills can only be generated for documents issued within the last 180 days, ensuring better compliance.
🔹 Hotel room tariffs above Rs 7,500 per day are now classified as "Specified Premises," attracting an 18% GST on restaurant services.

5. Toll Tax Hike Across National Highways
From April 1, 2025, toll charges across various highways will increase:
🚗 Delhi-Meerut Expressway, NH-9: Toll for cars will rise by Rs 5 to Rs 170.
🚛 Trucks and buses will now pay Rs 580 on major highways.
🚗 Delhi-Jaipur Highway: The Kherki Daula toll plaza will maintain current rates for cars, but the monthly pass for larger vehicles will rise by Rs 20 to Rs 950.

6. End of Equalisation Levy on Digital Transactions
The Finance Act 2025 removes the Equalisation Levy, which previously imposed a 2% tax on e-commerce and 6% on online advertisements. This change aims to:
✅ Reduce tax burden on digital service providers.
✅ Attract foreign investments in India’s digital economy.

7. Positive Pay System for Cheque Payments
To prevent bank fraud, the Positive Pay System requires account holders to:
✅ Electronically submit cheque details for payments above Rs 50,000.
✅ Ensure the details match before the cheque is processed.

8. KYC Mandatory for Mutual Fund & Demat Accounts
🔹 KYC (Know Your Customer) verification is now compulsory for mutual fund and demat accounts.
🔹 Nominee details will also undergo re-verification to enhance security.

9. Major Credit Card Perk Reductions
Credit card users will see major perk reductions, particularly with SBI, IDFC First, and Axis Bank:
❌ SBI Cards will remove complimentary insurance coverage for accidents (Rs 50 lakh for air, Rs 10 lakh for rail).
❌ Reward points on SBI Cards will be slashed from 15% to just 5%.
❌ IDFC First Club Vistara cardholders will lose milestone benefits and Club Vistara Silver membership perks.
❌ Axis Bank is discontinuing Maharaja Club tier memberships and premium vouchers.

10. Minimum Balance Rules for Bank Accounts
📌 Major banks like SBI, PNB, and Canara Bank have updated their minimum balance requirements based on account location:
🏙 Urban branches will require higher minimum balances.
🏡 Rural and semi-urban accounts may have lower minimum balance thresholds.
🚨 Failing to maintain the required balance will result in penalty charges, varying by bank.

11. Unified Pension Scheme (UPS) for Government Employees
The Unified Pension Scheme (UPS), introduced in August 2024, takes effect:
✅ Central government employees under NPS can opt for UPS.
✅ Those with at least 25 years of service will receive 50% of their average basic salary as a monthly pension.

Final Thoughts

These changes, introduced as part of the Union Budget 2025, mark a significant shift in India's tax, banking, and digital transaction landscape. With higher tax exemptions, updated TDS & TCS rules, stricter banking security, and GST amendments, the new financial year aims to simplify compliance while improving financial security and economic efficiency.

Stay informed and ensure all necessary updates to your financial accounts to avoid disruptions.

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