Abstract
Red Shift and intensities of illumination are the only observable parameters in case of long distant celestial objects like galaxies, quasars etc., which are visible in their ancient past. The Red Shifts, observed in these cases have been so far interpreted on the basis of Doppler Effect and gravity. It is postulated here that the celestial bodies were in a different stage of evolution, in remote past, when they have emitted the signals that are received now by terrestrial observers. The properties of space governing speed of light, such as permeability and permittivity were assumed to be different in that stage of evolution; which yields Red Shifts.
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