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By Shilpa Reddy , 18 April 2025
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Starlink Explores Expansion in India with Key Meetings on Future Investments and Partnerships

In a recent meeting, Commerce and Industry Minister Piyush Goyal engaged with a delegation from Starlink, the satellite internet service provider, to discuss the company's technological advancements, ongoing partnerships, and future investment plans in India. The discussions come amid growing interest from major telecom companies like Reliance Jio and Bharti Airtel, both of which have entered agreements with SpaceX, the parent company of Starlink.

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  • Technology Sector
By Kirti Srinivasan , 18 April 2025
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Navyug Global Ventures Invests Rs 160 Million in Shrinithi Capital to Fuel Expansion and EV Financing Initiatives

Navyug Global Ventures, led by renowned investor Nikhil Chandan, has invested Rs 160 million (Rs 16 crore) in Shrinithi Capital Pvt Ltd, a non-banking financial company based in India. The investment will support Shrinithi Capital’s efforts to expand financial access, particularly in underserved regions, while also driving initiatives in electric vehicle (EV) financing. Additionally, Navyug Global Ventures has committed another Rs 100 million (Rs 10 crore) for FY 2025–26.

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  • NBFC
  • Finance
By Shilpa Reddy , 18 April 2025
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SpiceJet’s Ajay Singh Advocates for Stronger SAF Infrastructure to Tackle Aviation Emissions

Ajay Singh, Chairman and Managing Director of SpiceJet, emphasized the need for a collaborative approach between the government and the aviation industry to drive the production of Sustainable Aviation Fuel (SAF) and curb carbon emissions in the sector. Speaking on Wednesday, Singh outlined discussions with the Prime Minister's Office and oil marketing companies, proposing the establishment of SAF refineries near airports to minimize transportation costs. While the current SAF production remains limited, Singh stressed the urgency of scaling up production to meet future climate goals.

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  • Aviation
  • Business
By Shilpa Reddy , 18 April 2025
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Akasa Air Shifts Operations to Terminal 1 at Delhi Airport: A Strategic Move Amid Airport Modernization

Akasa Air, the rapidly growing domestic airline, has announced the relocation of its operations to Terminal 1 (1D) at Delhi's Indira Gandhi International Airport (IGIA), effective April 15. This shift is part of a larger plan for airport maintenance and aligns with the recent completion of Terminal 1’s expansion. Previously operating from Terminal 2 (T2) alongside IndiGo, the airline now joins other domestic carriers at the newly upgraded terminal, which is designed to accommodate an increased volume of passengers.

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  • Aviation
By Vinod Pathak , 18 April 2025
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Escalating Trade Tensions: China Faces Tariffs of Up to 245% Amid Trade War with the U.S.

As the trade war between the United States and China intensifies, the U.S. government has imposed tariffs as high as 245% on Chinese imports, following Beijing's retaliatory actions. This escalation, fueled by tariffs and diplomatic tensions, is compounded by China’s suspension of key exports, including rare earth materials vital for U.S. military and industrial sectors. Concurrently, President Donald Trump reaffirmed his commitment to an "America First" trade policy, pushing for more favorable terms for U.S. industries.

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  • Economy
By Manbir Sandhu , 18 April 2025
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Ajay Bhushan Appointed Vice President of Investment Solutions at AIIB: A New Era for Global Infrastructure Financing

Ajay Bhushan Pandey, former Finance Secretary of India and the architect behind Aadhaar and UPI, has been appointed Vice President of Investment Solutions at the Asian Infrastructure Investment Bank (AIIB). Pandey brings extensive expertise in digital finance, infrastructure policy, and project management to AIIB, which is backed by 110 global members and capitalized at USD 100 billion. His leadership will be pivotal as AIIB continues to expand its operations, emphasizing sustainable infrastructure development.

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  • Investment
By Kirti Srinivasan , 18 April 2025
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India's Organic Product Exports Surge, Highlighting Global Demand and Industry Growth

India's organic product exports have seen a significant surge, with a 34.6% increase in value in 2024-25, reaching USD 665.96 million, compared to USD 494.8 million in the previous fiscal year. This growth is driven by the increasing demand for organic items such as pulses, essential oils, and fresh fruits and vegetables in developed countries. The rise in shipments reflects a global shift towards healthier, sustainable food choices, positioning India as a key player in the international organic market.

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  • Business
By Manbir Sandhu , 18 April 2025
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India and Brazil Explore Strengthening Agricultural Ties to Enhance Global Food Security

India and Brazil, two agricultural powerhouses, are exploring deeper collaboration to boost global food security. Agriculture Minister Shivraj Singh Chouhan recently highlighted the potential for joint efforts between the two nations to enhance agricultural trade, improve production techniques, and advance biofuel production. Speaking to Brazil’s agribusiness community in São Paulo, Chouhan praised Brazil’s use of advanced machinery in cotton and soybean harvesting and emphasized the need for more cooperative initiatives.

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  • Agriculture
By Vinod Pathak , 18 April 2025
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Karnataka's Tech Startup Funding Declines by 23% in Q1 2025: A Shift in the Venture Capital Landscape

In the first quarter of 2025, Karnataka's tech startups raised USD 633 million in funding, reflecting a notable 23% decline compared to the previous quarter. This downturn signals a contraction in venture capital activity across the state’s dynamic tech ecosystem, which is traditionally one of India’s leading startup hubs. The latest data from Tracxn’s Karnataka Tech Quarterly Funding Report highlights this decline, showing a sharp reduction in funding year-over-year as the tech sector adjusts to changing investor sentiments.

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  • Venture Capital
  • Technology Sector
By Gurminder Mangat , 18 April 2025
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DGCA Set to Review Pilot Fitness and Medical Emergency Protocols Following Tragic Death of Air India Express Pilot

In the wake of a tragic incident earlier this month, the Directorate General of Civil Aviation (DGCA) has announced plans to review the current framework surrounding pilot fitness and the response systems for medical emergencies at airports. The review is particularly significant following the untimely death of an Air India Express pilot after he operated a flight from Srinagar to Delhi. This development has brought into focus critical questions about pilot welfare, rest protocols, and the medical support systems in place for aviation professionals.

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  • Aviation
  • Healthcare

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