Global Space Economy

A World Economic Forum (WEF) report released today shows how the global space economy could tackle many of the world's most pressing industry and societal challenges.

Former chairman of the Indian Space Research Organisation (ISRO) AS Kiran Kumar on Tuesday said the global space economy would reach USD 1 trillion-mark in the coming years which would provide a huge opportunity for the country's youth.

Minister of State for IT Rajeev Chandrasekhar said on Thursday that satellite communications are emerging as an important part of India's ambitions to scale up quality Internet access across the country. Satellite communications hold significant relevance, for the digital economy and India's growing clout in global technology landscape, he said.

The government will soon unveil a new space policy to further increase private participation. This step could see the rise of India's own ‘SpaceX-like ventures’, state Principal Scientific Advisor Ajay Kumar Sood. SpaceX, founded by Elon Musk in 2002, is a private space transportation company that designs, manufactures and launches advanced roc...

India is in the midst of a major transformation in the digital space, and a strong political leadership and the commitment to continue with radical reforms would play a key role in taking the country to a leadership role in the global economy, Niti A

Foreign crypto space is seeing a shortage of Indian faces because of the confusion of what’s allowed and what’s not allowed for crypto players in the nation. Talking to Gadgets 360, Unocoin chief Sathvik Viskwakarma said that the Indian crypto community will shine on the global map only after industry players get a nurturing backing from the go...

World Economic Forum said in a report on Tuesday that cybersecurity and space are emerging risks to the global economy, adding to the existing challenges posed by climate change and the coronavirus pandemic.

Medium-term frameworks and better targeting will be key for building fiscal space and better confronting trade-offs such as providing support now and providing insurance against future emergencies.

Investors were also reluctant to push yields higher for now, after they rose so sharply in a short space of time, analysts said.

A day after India pitched for further quota reforms at the International Monetary Fund (IMF) to reflect global economic realities, its chief Christine Lagarde on Sunday said a round of quota reforms has just been completed and there has to be some breathing space before the next round is taken up.

Status quo of the Federal Reserve on US interest rates will provide more space to emerging economies to deal with possible rate hike in the future, the Finance Ministry said on Thursday.

The index measures the total costs per employee of renting living and working space on a US dollar basis in 12 world cities.

India's leadership position in the IT-ITeS space globally may be well established, but challenges around protectionism, wage inflation and currency volatility need to be addressed, according to a government document.

Global retail giant Amazon.com on Sunday said it was -engaging- with the government for relaxing of foreign direct investment (FDI) norms in e-commerce space, following which it will adopt a hybrid model to start product retailing.

India's realty sector is set for robust inflows of $4-5 billion from overseas investors in the next couple of years, with Bangalore, Delhi and Mumbai emerging as the favourites, global real estate consultancy giant Jones Lang LaSalle has said.

A World Economic Forum (WEF) report released today shows how the global space economy could tackle many of the world's most pressing industry and societal challenges.

Former chairman of the Indian Space Research Organisation (ISRO) AS Kiran Kumar on Tuesday said the global space economy would reach USD 1 trillion-mark in the coming years which would provide a huge opportunity for the country's youth.

Minister of State for IT Rajeev Chandrasekhar said on Thursday that satellite communications are emerging as an important part of India's ambitions to scale up quality Internet access across the country. Satellite communications hold significant relevance, for the digital economy and India's growing clout in global technology landscape, he said.

The government will soon unveil a new space policy to further increase private participation. This step could see the rise of India's own ‘SpaceX-like ventures’, state Principal Scientific Advisor Ajay Kumar Sood. SpaceX, founded by Elon Musk in 2002, is a private space transportation company that designs, manufactures and launches advanced roc...

India is in the midst of a major transformation in the digital space, and a strong political leadership and the commitment to continue with radical reforms would play a key role in taking the country to a leadership role in the global economy, Niti A

Foreign crypto space is seeing a shortage of Indian faces because of the confusion of what’s allowed and what’s not allowed for crypto players in the nation. Talking to Gadgets 360, Unocoin chief Sathvik Viskwakarma said that the Indian crypto community will shine on the global map only after industry players get a nurturing backing from the go...

World Economic Forum said in a report on Tuesday that cybersecurity and space are emerging risks to the global economy, adding to the existing challenges posed by climate change and the coronavirus pandemic.

Medium-term frameworks and better targeting will be key for building fiscal space and better confronting trade-offs such as providing support now and providing insurance against future emergencies.

Investors were also reluctant to push yields higher for now, after they rose so sharply in a short space of time, analysts said.

A day after India pitched for further quota reforms at the International Monetary Fund (IMF) to reflect global economic realities, its chief Christine Lagarde on Sunday said a round of quota reforms has just been completed and there has to be some breathing space before the next round is taken up.

Status quo of the Federal Reserve on US interest rates will provide more space to emerging economies to deal with possible rate hike in the future, the Finance Ministry said on Thursday.

The index measures the total costs per employee of renting living and working space on a US dollar basis in 12 world cities.

India's leadership position in the IT-ITeS space globally may be well established, but challenges around protectionism, wage inflation and currency volatility need to be addressed, according to a government document.

Global retail giant Amazon.com on Sunday said it was -engaging- with the government for relaxing of foreign direct investment (FDI) norms in e-commerce space, following which it will adopt a hybrid model to start product retailing.

India's realty sector is set for robust inflows of $4-5 billion from overseas investors in the next couple of years, with Bangalore, Delhi and Mumbai emerging as the favourites, global real estate consultancy giant Jones Lang LaSalle has said.