The United States of America and the Republic of India are proud to announce the 8th annual Global Entrepreneurship Summit (GES) in Hyderabad, India on 28-30 November, 2017. This year's Summit will highlight the theme Women First, Prosperity for All, and will focus on supporting women entrepreneurs and fostering economic growth globally. Advisor to the President Ivanka Trump will headline the United States delegation to the Summit.
GES is the preeminent annual entrepreneurship gathering that convenes emerging entrepreneurs, investors and supporters from around the world. GES 2017 will create an environment that empowers innovators, particularly women, to take their ideas to the next level. Through two and a half days of networking, mentoring, and workshops, GES empowers entrepreneurs to pitch their ideas, build partnerships, secure funding, innovate, and find their target customers --- creating new goods and services that will transform societies.
Indian teen Rifath Sharook from Tamil Nadu has designed the world?s lightest & smallest satellite named ?KalamSat?. The satellite weighs only 64 grams and will be launched by NASA on June 21, 2017. With this, he will become the first Indian student to have his experiment launched by NASA. The main role of the satellite will be to demonstrate the performance of 3-D printed carbon fibre. The satellite has been designed in a way which will have a 240-minute mission in space and will operate for 12 minutes in a micro-gravity environment of space.
Vikram Sarabhai Space Centre is located at Thiruvananthapuram, Kerala.
SDR means Special Drawing Rights.
SDRs are a measure of a country's reserve assets with IMF and, whereas not 'money' in the strict sense, have several characteristics of money as interest-bearing assets, store of value, and means of settling indebtedness.
International financing instrument created in 1970 by the International Monetary Fund (IMF) to coincide with the disfavor of the US dollar as the principal currency of the world trade. Also called paper gold, an SDR is neither paper nor gold but an accounting entry. It is not backed by any currency or precious metal and is used only among governments and IMF for balance Of payments settlements.
Rocket specialist K. Sivan has been appointed as new Chairman of India's space agency ISRO for a three-year term. He replaces current ISRO Chairman A.S. Kiran Kumar, whose term ends January 14, 2018.
The U.S. e-commerce giant, Amazon has been awarded a patent for launching a giant flying warehouse that would acts as a launch pad for drones to deliver items within minutes.The patent reveals plans for setting up an ?Airborne Fulfillment Center? (AFC) such as an Airship or Blimp, floating at an altitude of around 45,000 and stocked with lots of products especially in area where the demand for certain items is expected to be high. When a customer places an order, a drone or unmanned aerial vehicles (UAV) will fly down and deliver the package. The patent claims that this would require little or no power because the drone would be gliding down rather than having to take off and land.
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