World

US authority halts further launches of SpaceX rockets

Jul 14, 2024

Washington, DC [US], July 14: Following problems with the ignition of a second propulsion stage of a Falcon 9 rocket, the US Federal Aviation Administration (FAA) has banned further launches of rockets from the private space company SpaceX for the time being.
The FAA has ordered an investigation into the failed launch on Thursday, the agency posted on its website on Friday. As a result, further missions may be delayed, including flights for the US space agency NASA and with private space tourists
"A return to flight is based on the FAA determining that any system, process, or procedure related to the mishap does not affect public safety."
After hundreds of successful launches in recent years, the rocket developed problems shortly after launch on Thursday evening and broke apart. The attempt to ignite the second propulsion stage of the Falcon 9 rocket failed, SpaceX chief executive Elon Musk posted on the social media platform X. (DPA)
Source: Qatar Tribune

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L&T Finance Ltd. Wins 'Best Digital Experience in Finance' Award at the Global Fintech Fest 2025

Mumbai (Maharashra) [India], October 23: L&T Finance Ltd. (LTF), formerly known as L&T Finance Holdings Limited, one of the leading Non-Banking Financial Companies (NBFCs) in the country, is delighted to announce that it has been conferred with the 'Best Digital Experience in Finance' Award at the fourth edition of the Global Fintech Awards held at the Global Fintech Fest (GFF) 2025. GFF is the world's largest fintech festival, jointly organised by the Payments Council of India (PCI), the National Payments Corporation of India (NPCI), and the Fintech Convergence Council (FCC).

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