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Important Daily Facts of the Day

3Apr
2024

Inportant Fact of Day, 3 April 2024

Inportant Fact of Day, 3 April 2024
  • Recently, the Indian Space Research Organisation (ISRO) announced an active space science programme, the Space Science and Technology Awareness Training (START), 2024. START is an introductory-level online training in space science and technology. The undergraduate (UG) and postgraduate (PG) students of physical sciences (Physics and Chemistry) and technology (e.g. Electronics, Computer Science, Mechanical,) studying in various educational institutes within India will be eligible to be considered for the training.

 

 

 

  • The Chairperson of SEBI noted that despite a high P/E ratio, overseas investors are attracted to the Indian capital markets due to the rapid economic growth, reflecting global optimism and trust in India, exemplified by the hockey stick effect. The P/E ratio is the company's share price relative to its earnings per share (EPS). The P/E ratio helps assess a company's stock value compared to others and is also useful for comparing its valuation historically, against peers, or the market. A high P/E ratio may indicate overvaluation, while a low ratio could suggest undervaluation.

 

  • Recently, there has been a noticeable surge in interest in theHavana Syndrome, particularly concerning its occurrence among US diplomats. Havana Syndrome is a mysterious illness causing a range of neurological problems. It was first reported by the US Embassy staff in Havana, Cuba in 2016, when they began experiencing extreme headaches and hearing piercing sounds at night. Other symptoms including bloody noses, headaches and vision problems were later reported by embassy staff in China and Europe. In 2021, Havana Syndrome gained attention in India after a US intelligence officer travelling with CIA director William Burns to New Delhi reported symptoms.

 

  • The Katchatheevu Island has garnered attention for its role in the India-Sri Lnka relationship and the contentious fishing rights issue, showcasing the complexities of maritime boundary disputes and fishing rights in the area. Katchatheevu is a 285-acre uninhabited island in the Palk Strait between India and Sri Lanka. Located northeast of Rameswaram, approximately 33 km from the Indian coast, it sits about 62 km southwest of Jaffna, at the northern tip of Sri Lanka. Katchatheevu is not suited for permanent human settlement as there is no source of drinking water on the island.

 

  • Skyroot Aerospace, a leading Indian space-tech company, achieved a significant milestone with the successful test firing of Stage-2 of the Vikram-1 space launch vehicle, known as Kalam-250, at Indian Space Research Organisation (ISRO)'s propulsion testbed in Sriharikota, Andhra Pradesh. Stage 2 plays a crucial role in transitioning the launch vehicle from the atmospheric phase to the deep vacuum of outer space, propelling it toward its destination with precision and efficiency. Kalam-250 utilises a high-strength carbon composite rocket motor with solid fuel and a high-performance Ethylene-Propylene-Diene terpolymers (EPDM) Thermal Protection System (TPS). It also features a carbon ablative flex nozzle for precise thrust vector control.