The purpose of privatisation, therefore, should not be to find a private buyer for every government-developed rocket. It should be to create an industry capable of designing, manufacturing, operating and eventually improving India's future launch vehicles.
The last thing India needs is a debate in which concerns over public intellectual property become an argument against private participation. The country is already playing catch-up with the major space powers. We cannot afford to let a legitimate debate over ownership and sharing of value become an impediment to the much-needed privatisation of the space sector.
A common BIMSTEC policy statement on digital sovereignty would give the region a clearer collective voice and a stronger negotiating footing with foreign companies. Additionally, BIMSTEC can be used to initiate a shift from U.S. cloud storage companies to regional alternatives such as TATA Communications (India) and NIPA Cloud (Thailand).
India is carving out a vital role in the global back-end chip infrastructure. Washington actively views India's rise in this sector as a strategic hedge, codifying tech cooperation through bilateral frameworks designed to shift critical supply lines away from East Asia.
Shifting regulations targeting specific sectors like edtech and fintech in China could drive venture capital investments in other parts of Asia and India would have a lot to gain going forward in the October to December (Q4) quarter of 2021, as VC investment is likely to remain slow in a number of sectors in China, UNI news agency said
The Asian Development Bank (ADB) has approved USD 150 million in loans to Bangladesh to finance the cottage, micro, and small-sized enterprises (CMSEs) operated by youth, returning migrant workers, and rural entrepreneurs, particularly women, who have been hit hard by the COVID 19 pandemic
Indian yoga guru Baba Ramdev's Rs 10,000-crore FMCG is making its foray into media and two channels are to be launched Friday in the presence of Nepal Prime Minister Sher Bahadur Deuba and Indian Transport and Highways Minister Nitin Gadkari in Kathmandu
Australia is geared to tap the projected USD 1 trillion Bengaluru-centric India's digital economy by establishing a new Consulate General in Bengaluru, known as India's tech capital
The International Monetary Fund (IMF) has sought an increase in taxes and other reforms from the Pakistan government before reviving its $6 billion bailout package for the country
India’s ‘Neighbourhood First’ foreign policy is finding resonance in industry efforts to ramp up trade and bilateral relations with countries in India’s close proximity
Pakistan needs to do more on the rapid implementation of international human rights conventions, said a senior European Union official, if Islamabad wanted the continuation of its Generalized Status of Preference (GSP) Plus status, a system under which most Pakistani goods enjoy duty-free access to the EU market
If everything goes right, customers in Pakistan’s capital Islamabad may soon be getting their food orders via drones
RRVL, the retail arm of Indian billionaire Mukesh Ambani, has acquired a 100% stake in the Sri Lankan brand amanté from MAS Holdings
Nepal has allowed the import of a few genetically modified crops, partially relaxing the complete ban put eight years ago, amid intense lobbying from the country’s poultry industry
Indian and US defence officials and business people have focused on partnering in space and artificial intelligence at a virtual expo as part of their diversified strategic defence cooperation
Gross domestic product growth of over six percent would hurt Pakistan’s economy, said Shaukat Tareen, a special adviser on finance to Pakistan’s Prime Minister Imran Khan
In what comes as a big relief to Nepal, India has permitted Nepal to sell its surplus electricity in the Indian Energy Exchange marketplace, a move that would help Nepal to avoid huge power wastage
In what is the highest increase for a month, Pakistan’s exports in October registered a growth of 17 percent, touching $2.471 billion against $2.104 billion in the same month last year
Bangladesh is seeking Russian investment to develop the country’s railway infrastructure, said Railway Minister Nurul Islam Sujan amid a push for railway modernization in his country
