Chandrayaan, launched Wednesday, will map the moon's surface. But most Indian space projects look for applications on Earth, such as telemedicine or distance learning for its far-flung population.
Some economists see some rays of light amid the economic gloom.
Bush says reforms must improve, not fetter, the free market; Europeans hint at more robust intervention.
Report says it could happen today, but Japan opposes the plan.
Federal funding for research has been falling in real terms. Is the nation's economic edge at stake?