Saturday, September 12
Swiss pilot Raphael Domjan beat the altitude record for a solar-powered electric plane in a flight that took him soaring to 9,521 metres, his team announced Wednesday.The SolarStratos plane made the landmark flight from Sion airport in southwest Switzerland on Tuesday, taking advantage of warm air thermals to go beyond the 15-year-old record.The certified altitude record for a solar plane had stood at 9,235 metres (30,298 feet). It was set in 2010 by the Solar Impulse plane, with Swiss pilot Andre Borschberg at the controls.Domjan's flight lasted five hours and nine minutes."I share this moment of joy with all the people who have been preparing for this achievement for years," he said, celebrating afterwards with the melted cheese of a traditional Swiss raclette.The data will be sent to th
The net worths of some of India’s wealthiest individual investors jumped in the June quarter as the stock market rebound helped portfolios recover from sharp cuts in January-March. The holdings of investors, including the Late Rakesh Jhunjhunwala’s family, Mukul Agrawal, Hemendra Kothari, Nemish Shah and Anil Goel gained between 12% and 42%, while the value of the portfolios of Madhusudan Kela and Vijay Kedia fell as they trimmed exposure to some stocks, according to a study based on data from primeinfobase.com. 123268382Portfolio values were calculated for their holdings that exceeded 1% of equity in the companies. A stake falling below 1% does not necessarily mean an exit; it simply drops off the list of mandatory public shareholder disclosures. Between March and June, Nifty gained
Under President Donald Trump, the US has launched a multipronged attack on China’s economy. Since Chairman Mao Zedong’s reign, China has seen it coming. A US system built around the ideal of openness and interdependence is facing off against a Chinese counterpart constructed as a fortress of control. Both sides have powerful resources. Only one has been preparing for the fight for decades.Since the beginning of Trump’s first term in 2017, the US stance on China has swung from constructive if increasingly cautious engagement to something between fierce rivalry and outright hostility. China’s exports to the US face duties running close to 40%. Supply of bleeding-edge semiconductors for China’s technology companies has been curtailed. The country’s science, technology, engineering
