CURRENT AFFAIRS JULY 27TH
1. China launches the first private rocket capable of carrying satellites A Chinese startup successfully launched the country’s first commercial rocket capable of carrying satellites into orbit. Beijing-based Interstellar Glory Space Technology, also known as iSpace, said it launched two satellites into orbit from Jiuquan, a state launch facility in the Gobi desert. The three-year-old company is one of the dozens of Chinese rivals jostling for a slice of the global space industry, estimated to be worth about $1 trillion by 2040 according to Morgan Stanley. The sector is currently dominated by SpaceX and Blue Origin in the US. 2. Pakistan to send its first man to space in 2022 Pakistan announced that it will send its first astronaut to space in 2022 using close ally China's satellite launching facilities. Pakistan's decision came as India successfully launched its second lunar mission Chandrayaan-2. Fawad Chaudhry, Minister for Science and Technolo...