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UK jobless rate soars to 7.8%; highest in 13 yrs
The unemployment rate in the UK shot up to a 13-year high of 7.8 per cent for April-June 2009, as companies continued to slash jobs to bring down cost.

IPO guidelines within 15 days: IRDA
The Insurance Regulatory and Development Authority (IRDA) today said it would come with initial public offer guidelines for the insurance sector within a fortnight to allow companies to raise funds from the capital market.

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Sensex ends down 46pts
The Sensex finally ended (provisional) with a loss of 46 points at 16,867. The NSE Nifty settled at 5,036, down six points.
International Business

ISRO eyes mission to Mars; Govt sanctions Rs 10 cr

After the challenging mission to moon, ISRO today said it has begun preparations for sending a spacecraft to Mars within the next six years. - ISRO unveils beta version of 3D mapping tool "Bhuvan" - India to launch ocean satellite in second half of next month - Here comes the moon - Stars foretell medical marvels - Chandrayaan-I develops malfunction, its life may be reduced - ISRO chief to join Planning Commission: Montek Government has sanctioned seed money of Rs 10 crore to carry out various studies on experiments to be conducted, route of the mission and other related details necessary to scale the new frontier, said ISRO Chairman G Madhavan Nair. "Already mission studies have been completed.Now we are trying to collect scientific proposals and scientific objectives," he told reporters on the sidelines of a day-long workshop of the Astronautical Society of India here. He said the space agency was looking at launch opportunities between 2013 and 2015. Chandrayaan-I, the country"s maiden unmanned moon mission, appears to have fired the imagination of young scientists who have taken to space sciences and ISRO plans to tap this talent for its mission to Mars. "A lot of young scientists are being brought into the mission, particularly from the Indian Institute of Space Technology, the Physical Research Laboratory, Tata Institute of Fundamental Research and other research laboratories," K Radhakrishnan, Director of Vikram Sarabhai Space Centre, said. He said the space agency would use its Geosynchronous Satellite Launch Vehicle (GSLV) to put the satellite in orbit and was considering using ion-thrusters, liquid engines or nuclear power to propel it further towards Mars.


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