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The Russian Space Agency is scheduled to launch a space telescope, which was planned during the cold war era, on Monday when the telescope is expected to be raised to the almost halfway to the moon.

The scientists tool more than 30 years to develop RadioAstron, which has a 10-meter antenna. This may see small but when RadioAstron’s signals are combined with that of earthbound telescopes, the process creates images as sharp as those produced by a single satellite whose dish was as wide as the distance between the space telescope and Earth.

Last week, it was noticed that the bonds continued to fall as expected with the help of index of industrial production (IIP) data and inflation data. The market is divided into 25 basis points. It either includes rate hike and no rate hike. Last week, Benchmark 10-year bond yields were closed at 8.27%, decreased by 8 bps week on week.

IIP growth reading for May 2011 was 5.6% yearly. IIP decreased 3.1% on a month-on-month basis, following April’s month-on-month decrease of 1.6% whereas the manufacturing growth for May has lowered by 4.2% on a month-on-month basis.

Kiran Kumar Reddy was appointed as the Chief Minister on 25 November 2010 and he took the charge of the state’s affairs from 1 December 2010. The first thing that he did was he presented a file for increasing dietary charges for the patients that are admitted in the government hospitals across the state.

From the file, it was reported that the charges for the general patients would be doubled that is from Rs. 20 per day it would be Rs. 40 per day whereas it would be Rs. 56 per day for the TB, mentally challenged and therapeutic patients.

It has been reported that soon the regions of Orissa, Chhattisgarh, Jharkhand, Sikkim, Andhra Pradesh, Tamil Nadu and Madhya Pradesh will get power from the proposed project of High Capacity Power Transmission Corridors. However, it will take about five years for the project in the proposed regions to complete.

The Jharkhand Chief Minister, Mr. Arjun Munda, while inaugurating the first four-lane link on PPP model, told that such infrastructures are the need of the hour and they would certainly boost economic growth of the state.

The newly built Adityapur toll bridge is worth Rs 76.01 crore, and would be maintained by a special formed body called Adityapur Toll Bridge Company Limited (ATBCL). It was expected that due to this novel bridge, there would be decrease in traffic jams and also, in road accidents in both cities.

In land acquisition case in Greater Noida, more incidents of land being acquired under the emergency clause of the Land Acquisition Act were coming to lime light. The instances came forth, when more land owners joined the issue, after apex court upheld the judgment of Allahabad High Court.