'India concerned over threats from space’: Pentagon defends ASAT test

Agencies
April 12, 2019

Washington: India is concerned about the “threats” it faces in space, the Pentagon has said, defending the country for acquiring anti-satellite (ASAT) missile test capabilities.

On March 27, India achieved a historic feat by shooting down its own low-orbit satellite with a ground-to-space missile, making the country a space power.

The test made India the fourth country in the world after the US, Russia and China to have the ASAT capabilities.

“The first lesson from the Indian ASAT is just the simple question of why did they do that. And the answer should be, I think to all the committee looking at it, is that they did that because they are concerned about threats to their nation from space,” US Strategic Command Commander General John E Hyten told members of the powerful Senate Armed Services Committee on Thursday.

“And therefore, they feel they have to have a capability to defend themselves in space,” Hyten told Senate Armed Services Committee while responding to a question from Senators on the need for India to do anti-satellite missile test, and the debris it generated in the space.

After India’s test, NASA termed as a “terrible thing” the country’s shooting down of one of its satellites, saying it created about 400 pieces of orbital debris, endangering the International Space Station (ISS).

NASA Administrator Jim Bridenstine had said about 60 pieces were tracked and out of which 24 are going above the apogee of the ISS.

Hyten advocated for the development of some kind of international norms of behaviour in space.

“And where those norms of behaviour should begin, from my opinion, is with debris, because as the combatant commander responsible for space today, I don’t want more debris,” said the top Pentagon commander.

Raising the issue, Senator Tim Kaine said India announced last month that it had successfully conducted a test of an anti-satellite weapon.

“So, they had something in low earth orbit. They used an anti-satellite weapon to down, and it resulted in - the estimate’s right now 400 pieces of debris, 24 which are large enough to potentially pose a threat to the International Space Station,” he said.

“There have been other instances like this. There was a Chinese - a similar effort in 2007 that led to the catalogued 100,000 pieces of debris, many of which are still observing in debris fields that pose danger to other assets in space,” he said.

There was a collision in ‘09 between a working US satellite and a sort of defunct Soviet era satellite that -kind of a fender bender that produced debris. Then this debris causes challenges, he added.

“If we think that space is going to be more of a traffic jam, more satellites for all kinds of purposes up there, what should we be thinking about as a Senate in this committee or in Foreign Relations about sort of the rules?” he asked.

“What should the rules environment be, and what should we be doing to try to promote rules? India is an ally. We’re not talking about an adversary doing something. We’re talking about them testing some capacity, but then that creates challenges for all kinds of uses of space. How should we be solving problems like that?” Kaine asked.

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Agencies
July 13,2020

New Delhi, Jul 13: The Income Tax Department has facilitated a new functionality for banks and post offices to ascertain TDS applicability rates on cash withdrawal of above Rs 20 lakh in case of a non-filer of the income-tax return and that of above Rs 1 crore in case of a filer of the income-tax return.

In a statement, the Central Board of Direct Taxes (CBDT) said that now banks and post offices have to only enter the PAN of the person who is withdrawing cash for ascertaining the applicable rate of TDS.

So far, more than 53,000 verification requests have been executed successfully on this facility, a statement by the CBDT said.

"CBDT today said that this functionality available as 'Verification of applicability u/s 194N' on www.incometaxindiaefiling.gov.in since 1st July 2020, is also made available to the Banks through web-services so that the entire process can be automated and be linked to the Bank's internal core banking solution," it said.

On entering PAN by the bank or the post office, a message will be instantly displayed on the departmental utility: "TDS is deductible at the rate of 2 per cent if cash withdrawal exceeds Rs 1 crore", in case the person withdrawing cash is a filer of the income-tax return.

In case the person withdrawing cash is a non-filer of income tax return, the message shown would be: "TDS is deductible at the rate of 2 per cent if cash withdrawal exceeds Rs 20 lakh and at the rate of 5 per cent if it exceeds Rs 1 crore."

The CBDT said that the data on cash withdrawal indicated that huge amount of cash is withdrawn by the persons who have never filed income-tax returns.

To ensure filing of return by these persons and to keep track on cash withdrawals by the non-filers, and to curb black money, the Finance Act, 2020 with effect from July 1, 2020 further amended IT Act to lower threshold of cash withdrawal to Rs 20 lakh for the applicability of this TDS for the non-filers and also mandated TDS at the higher rate of 5 per cent on cash withdrawal exceeding Rs 1 crore by the non-filers.

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Agencies
May 27,2020

Due to impacts of COVID-19, shipments of total mobile phones are forecast to decline 14.6% in 2020, while smartphone shipments will achieve a slightly slower decline of 13.7 % year over year to total 1.3 billion units this year, according to a Gartner forecast on Tuesday.

"While users have increased the use of their mobile phones to communicate with colleagues, work partners, friends and families during lockdowns, reduced disposable income will result in fewer consumers upgrading their phones," Ranjit Atwal, Senior Research Director at Gartner, said in a statement.

"As a result, phone lifetimes will extend from 2.5 years in 2018 to 2.7 years in 2020," said Atwal.

In 2020, affordable 5G phones were expected to be the catalyst to increase phone replacements, but now it is unlikely to be the case.

5G phones are now forecast to represent only 11% of total mobile phone shipments in 2020.

"The delayed delivery of some 5G flagship phones is an ongoing issue," said Annette Zimmermann, Research Vice President at Gartner.

"Moreover, the lack of 5G geographical coverage along with the increasing cost of the 5G phone contract will impact the choice of a 5G phone."

Overall, spending on 5G phones will be impacted in most regions apart from China, where continued investment in 5G infrastructure is expected, allowing providers in China to effectively market 5G phones.

The combined global shipments PCs, tablets and mobile phones are on pace to decline 13.6% in 2020, according to the forecast.

PC shipments are expected to decline 10.5% this year. Shipments of notebooks, tablets and Chromebooks are forecast to decline slower than the PC market overall in 2020.

"The forecasted decline in the PC market in particular could have been much worse," said Atwal.

"However, government lockdowns due to COVID-19 forced businesses and schools to enable millions of people to work from home and increase spending on new notebooks, Chromebooks and tablets for those workers. Education and government establishments also increased spending on those devices to facilitate e-learning."

Gartner said that 48 per cent of employees will likely work remotely at least part of the time after the COVID-19 pandemic, compared to 30 % pre-pandemic.

Overall, the work from home trend will make IT departments shift to more notebooks, tablets and Chrome devices for work.

"This trend combined with businesses required to create flexible business continuity plans will make business notebooks displace desk based PCs through 2021 and 2022," said Atwal.

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Agencies
June 12,2020

New Delhi, Jun 12: The Supreme Court on Friday asked Solicitor General Tushar Mehta to convene a meeting of the Finance Ministry and RBI officials over the weekend to decide whether interest incurred on EMIs during the moratorium period can be charged by banks.

A bench comprising Justices Ashok Bhushan, Sanjay Kishan Kaul and M.R. Shah queried Mehta as the court was concerned since the Centre has deferred loan for three months.

"Then how can interest of these 3 months be added?" the apex bench asked. Mehta replied: "I need to sit down with the RBI officials and have a meeting."

SBI's counsel, senior advocate Mukul Rohatgi, intervened during the proceedings and said "all banks are of the view that interest cannot be waived for a six month EMI moratorium period".

"We need to discuss it with the RBI," insisted Rohatgi.

Justice Bhushan then asked Mehta to convene a meeting of the RBI and Finance Ministry officials over the weekend, and listed the matter for further hearing on June 17.

The top court, during the hearing, indicated that it was not considering a complete waiver of interest but was only concerned that postponement of interest shouldn't accrue further interest on it.

After the RBI said the waiver of interest charges on EMIs during moratorium will lead to loss of 1 per cent of the nation's GDP, the top court had earlier asked the Finance Ministry to reply, whether the interest could be waived or it would continue during the moratorium period.

The top court said these are not normal times, and it is a serious issue, as on one hand moratorium is granted and then, the interest is charged on loans during this period.

"There are two issues in this (matter). No interest during the moratorium period and no interest on interest," said Justice Bhushan. The observation from the bench came on a petition by Gajendra Sharma, in which he sought a direction to declare portion of the RBI's March 27 notification as ultra vires to the extent it charged interest on the loan amount during the moratorium period.

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