Govt amends FDI policy in space sector to attract offshore investors

With an aim to attract offshore investors in satellite manufacturing and satellite launch vehicles segments, the government has amended the foreign direct investment (FDI) policy in the space sector. The notification comes days ahead of the scheduled visit of Tesla CEO Elon Musk who is expected to meet with various Indian space companies during his […]

Infosys moves up on collaborating with Proximus

Infosys is currently trading at Rs. 1417.90, up by 3.15 points or 0.22% from its previous closing of Rs. 1414.75 on the BSE. The scrip opened at Rs. 1422.60 and has touched a high and low of Rs. 1430.10 and Rs. 1408.00 respectively. So far 214592 shares were traded on the counter. The BSE group […]

India’s outward FDI surges 49% in March: RBI data

The Reserve Bank of India (RBI) in its latest data on ‘Overseas Direct Investment’ has showed that India’s outward foreign direct investment (OFDI) commitments rose 48.68% to $3919.84 million in March 2024 as against $2636.42 million in March 2023. Sequentially, OFDI commitments were also up from $3,671.94 million in February 2024. According to the report, […]

Domestic air traffic rises 3.7% to 13.3 million passengers in March: DGCA

The Directorate General of Civil Aviation (DGCA) in its latest data has said domestic airlines carried 133.68 lakh passengers in March 2024, an increase of nearly 3.7 per cent on an annual basis. In March 2023, domestic air traffic stood at 128.93 lakh and the count stood at 126.48 lakh in February this year. It […]

Congress will raise tea workers’ wages in Assam: Priyanka Gandhi

Congress leader Priyanka Gandhi Vadra said daily wages of tea garden workers will be increased if the opposition alliance wins the upcoming Lok Sabha elections. Addressing the public while taking part in a roadshow in Jorhat district of Assam in support of Congress candidate Gaurav Gogoi, Priyanka Gandhi said, ‘When I came to Assam and […]