BENGALURU (Reuters) -India will allow 100% foreign direct investment in the manufacture of satellite systems without official approval and eased the rules for launch vehicles, a government statement said, aiming for a greater share of the global space market. India’s space ambitions got a boost when it became the first country to land a spacecraft […]
Tag: sector
India spurs space sector investment with raised limits on foreign funding
India has updated official rules in the space sector to attract global investors and companies, after opening it up to private players four years ago. The new foreign direct investment (FDI) policy raises limits on foreign investment, potentially spurring renewed interest in the South Asian space community. Private and public actors in India have been […]
Zelensky visits front-line troops in Kupiansk sector
President Volodymyr Zelensky visited the battalion command post of the 14th Separate Mechanized Brigade, which is engaged in the northeastern Kupiansk sector, the Presidential Office said on Feb. 19. Kupiansk, a crucial logistics juncture that was temporarily occupied by Russia in 2022, is coming under renewed pressure by Moscow’s troops. According to the Presidential Office, […]
Canadian business considers investment opportunities in Ukraine’s transport sector
Canadian businesses are considering launching investment projects to develop Ukraine’s transport sector. Source: Ministry of Communities, Territories and Infrastructure Development following a meeting between Minister Oleksandr Kubrakov and Canada’s Ambassador to Ukraine Natalie Tsmoc Details: The purpose of the meeting was to discuss the main priorities for the recovery and development of Ukraine’s transport sector […]
The ghosts of last year’s regional bank collapse still haunt the banking sector
Federal Reserve officials on Wednesday removed language from a key policy statement qualifying the US banking system as “sound and resilient,” a phrase it had used since March 2023 to reassure the public that regional lending problems were contained. That same day, fresh turmoil at a New York regional bank offered a reminder that those […]
Public sector workers to get 10.25% pay rise after agreement reached with unions
Public servants will receive a 10.25 per cent pay rise over two-and-a-half years after an agreement was struck between unions and the Government. Minister for Public Expenditure Paschal Donohoe welcomed the proposed public pay agreement reached at the Workplace Relations Commission (WRC). It will see a local bargaining mechanism of 1 per cent added to […]
Red Sea crisis seeps into German chemicals sector
By Christoph Steitz and Patricia Weiss FRANKFURT (Reuters) – Germany’s chemicals sector, Europe’s largest, is starting to feel the pinch from delayed shipments via the Red Sea, becoming the latest industry to warn of supply disruptions that have forced some companies to curb production. Crucial Asian imports to Europe ranging from car parts and engineering […]
Government must tread carefully when regulating tech sector; here’s why
Technology has transformed the way we do business throughout the country. From increased access to information to real-time market updates, it’s hard to imagine going back to a time when phoning a friend was the only way to get the latest info. As a mortgage consultant, I can certainly attest to the role it plays […]
Chesapeake Energy: The Energy Industry Consolidation Wave Hits The Gas Sector
Chesapeake Energy (CHK) and Southwestern Energy (SWN) announced Thursday they have agreed to merge in a $7.4 billion deal, marking a major consolidation in the U.S. natural gas sector. SWN stock sank early Thursday while CHK angled slightly lower. X The merger is an all-stock transaction valued at $6.69 per share, based on Chesapeake’s closing […]
Russian forces continue offensive despite decreased attacks in Kupyansk sector
Russian invasion forces in eastern Ukraine persist in continuing assault operations against Ukrainian positions, though there has been a slight reduction in the number of attacks, Major Nadiya Zamryha, head of the public relations service of the 14th Separate Mechanized Brigade “Prince Roman the Great”, said on Jan. 10, in an interview with Ukrainian news […]
Public sector pay talks to resume amid industrial action threat
Talks on a new public sector pay deal will resume on Tuesday as unions said they were finalising plans to ballot members on potential industrial action. The State has enjoyed broad industrial peace for over a decade thanks to successive pay agreements with its 385,000 public servants. The most recent deal expired at the end […]
Ukrainian forces destroy Russian ‘satellite killer’ weapon ‘Triada’ in Donetsk sector — video
Ukrainian Special Operations Forces (SSO) units reported the discovery and destruction of a rare Russian electronic warfare complex (EWC), “Triada-2,” in the Donetsk sector, the SSO announced on Jan. 8 on Facebook. Operators from Ukraine’s 3rd Separate Special Purpose Regiment discovered this Russian EWC while conducting reconnaissance operations in the sector. Upon determining the coordinates […]