Bumper launch! Starlink, Jio-SES, Eutelsat secure final nod; India may soon get satcom services

NEW DELHI: India may see the first commercial rollout of satellite communication services by December, as Starlink, Reliance Jio-SES, and Bharti-backed Eutelsat OneWeb have received all necessary approvals to begin operations.Industry executives say that while infrastructure has long been in place, spectrum allotment delays have prevented these players from launching earlier, costing India both revenue […]

Countering China: India eyes Rs 1,345 crore scheme on rare earth magnets; Indian companies express interest

The Ministry of Heavy Industries Secretary, Kamran Rizvi, confirmed that the draft scheme for processing rare earth magnets has been distributed. (AI image) Amidst ongoing supply choke for rare earths from China, India has announced its plans to develop rare earth magnets domestically. The government has allocated Rs 1,345 crore towards establishing domestic production capabilities […]

Economy

India needs to boost its petrochemical output to counter China’s dominance, Reliance says

India’s petrochemical demand for now is a tiny fraction of the global average but the nation’s consumption is set to rise as the economy expands. India needs to increase its petrochemical production capacity to meet local and global demand and contain China’s growing dominance of the sector, a senior Reliance Industries official said on Friday. […]

GBI-EM Global Diversified index: Why JPMorgan is thinking of cutting India, China share in EM Bond Index – explained

The bank has been gathering client input regarding potential modifications to its GBI-EM Global Diversified index. (AI image) JPMorgan Chase & Co. is evaluating potential adjustments to its primary emerging-market index by reducing the allocation of major bond issuers, including China and India, aiming to encompass a wider spectrum of developing-nation debt.According to documents reviewed […]

Economy

Uber’s India ambitions face latest challenge from rival rapido

A ride-hailing unicorn little known outside of India is gaining users faster than Uber Technologies Inc., disrupting the San Francisco titan’s effort to conquer a key growth market. Rapido, based in the southern city of Bangalore, has upended the local transportation sector with its inexpensive motorcycle taxis and unique pricing model, racking up more downloads […]

Tirupati, India, Among Asia’s Most Affordable Summer Destinations in 2025: Agoda

Digital travel platform Agoda has revealed its list of the most budget-friendly summer destinations in Asia for June to August 2025. From cultural hubs to scenic retreats, these destinations offer travelers the chance to explore without stretching their wallets. Surabaya, Indonesia, leads the list with an average room rate of just INR 3037 per […]

Pioneering Robot-Assisted Reverse Vasectomy Performed in India at PGIMER, ET HealthWorld

Chandigarh: In a landmark advancement in urological surgery and male infertility treatment, the Postgraduate Institute of Medical Education and Research (PGIMER), Chandigarh, has successfully performed India’s first robot-assisted vasovasostomy – a sophisticated procedure to reverse vasectomy – using cutting-edge robotic technology. The breakthrough surgery was performed on July 9, 2025, by a skilled team led […]

UPI: India tops global digital payment speed charts; IMF highlights fall in cash and card use

India is ahead of all other nations in making faster payments, driven by the rapid growth of the Unified Payments Interface (UPI), while the use of debit and credit cards is declining, according to an IMF Fintech Note.UPI, an instant real-time payment system developed by the National Payments Corporation of India (NPCI), enables inter-bank transactions […]

‘Oil prices would have hit $120-130’: India says its oil imports from Russia helped global markets; Hardeep Puri hits out at critics

Addressing critics of India’s Russian oil imports, Puri noted that certain commentators make unwarranted criticisms of Indian policies. (AI image) India’s ongoing crude oil imports from Russia have contributed to global energy price stability, according to Petroleum and Natural Gas Minister Hardeep Puri. He has said that discontinuing Russian oil trade would have caused crude […]