
Elon Musk's Starlink Satellite Internet In India Soon, Telecom Minister Scindia Shares Big Update
Last Updated:
Union Minister Jyotiraditya Scindia confirmed that Starlink, backed by Elon Musk's SpaceX, will soon start operations in India, enhancing connectivity in remote areas.
Union Minister of Communications Jyotiraditya Scindia on Thursday confirmed that Starlink, the satellite internet venture backed by Elon Musk's SpaceX, will soon begin operations in India.
Calling satellite internet 'another flower in the bouquet of telecommunications," Scindia highlighted the growing diversity in India's connectivity infrastructure. 'In addition to mobile and optical fibre connectivity, satellite connectivity plays a vital role, especially in far-flung and remote areas where laying physical cables is challenging," he said.
The minister confirmed that Starlink is set to receive the third licence for satellite broadband services. 'After this, the government will allocate spectrum, and the service will begin soon in the country," he added.
Starlink has been given time until June 7 to meet compliance requirements after receiving a Letter of Intent (LoI) on May 7, a senior government official told Moneycontrol. The company has already submitted key security-related documents and provided undertakings to fulfil the new licence conditions. 'They will get the licence within this month," the official said.
How Starlink Satellite Internet Works
Since its launch in 2019, Starlink has rapidly grown and now faces a long waiting list as demand for its service keeps rising.
Starlink provides internet by sending radio signals from ground stations up to a large network of satellites orbiting close to Earth, which then beam the data back to users on the ground.
What sets Starlink apart is the number of satellites and how near they orbit. Traditional satellite internet usually relies on one large satellite about 22,000 miles above Earth—about the size of a bus—that offers speeds up to 100-150 megabits per second.
Starlink, however, operates thousands of smaller satellites, each about 22 feet long, flying much closer—about 550 km above Earth, which is around 63 times nearer than traditional satellites. This close distance helps reduce delays and allows Starlink to deliver faster internet speeds, ranging from 20 to 250 megabits per second.
Thanks to this unique setup, Starlink can offer high-speed, low-latency internet ideal for streaming, video calls, gaming, and reaching remote areas where regular broadband isn't available.
Starlink has also played a crucial role in providing internet connectivity to war-torn Ukraine and its military. After Russia's invasion in February 2022, Elon Musk quickly sent thousands of Starlink terminals to Ukraine to replace communication networks damaged or destroyed during the conflict.
First Published:
June 05, 2025, 15:08 IST

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
28 minutes ago
- Time of India
US stock market rallies as Dow jumps 550 points, S&P 500 tops 6,000, Nasdaq surges and Tesla leads tech comeback after strong jobs report
US stock market surges as Dow rallies 500 points on strong jobs report as S&P 500 retakes 6,000 in tech-powered comeback- The Dow rallies 500 points today after a stronger-than-expected May jobs report reassured traders that the U.S. economy is still chugging along even as tariff talks and interest-rate worries linger. The blue-chip index jumped 510 points, or 1.2%. The S&P 500 touched the 6,000 mark for the first time since late February, also up 1.2%, while the tech-heavy Nasdaq Composite climbed 1.4%. Wall Street's bounce was driven by a 3 percent rebound in Tesla — a sharp U-turn from yesterday's 14 percent slide that followed CEO Elon Musk's public spat with President Donald Trump on social media. Big tech names such as Nvidia, Meta Platforms, and Apple all traded firmly in the green, adding momentum to Friday's rally. Below, we unpack the numbers, the catalysts, and the lingering risks. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If you have a mouse, play this game for 1 minute Navy Quest Undo Dow, S&P 500, and Nasdaq all surge Dow Jones Industrial Average surged 555 points , or about 1.3% , finishing near 42,841 — its best single-day gain in nearly two months. S&P 500 jumped 1.2% and broke through the 6,000 mark for the first time ever, closing around 6,012 . Nasdaq Composite climbed roughly 1.4% , powered by mega-cap tech stocks and a strong bounce in Tesla. It was a strong finish to a choppy week, with investors embracing optimism after several days of uncertainty. Strong jobs data adds fuel The U.S. labor market remains impressively resilient: Live Events May non-farm payrolls came in at 139,000 jobs added , topping economists' expectations. Unemployment rate held steady at 4.2% . The data signals continued economic strength but also reinforces that the Federal Reserve may not cut interest rates before September — a shift traders seem increasingly comfortable with. Tech comeback driven by Tesla Tech stocks came roaring back after taking a hit earlier this week, largely due to the Trump–Musk spat. Tesla shares jumped between 3.6% and 4.5% , helping restore confidence across the sector. Other tech leaders also bounced back: Nvidia : +1.6% Apple : +1.9% Amazon , Alphabet , and Meta all closed solidly in the green. The rally was broad-based, but tech clearly led the charge. Other market movers Russell 2000 (small-cap stocks) gained 1.3% , showing strong participation across the board. VIX (Volatility Index) dropped to a two-month low, signaling calm returning to markets. Sentiment was also lifted by signs of cooling U.S.–China trade tensions, another risk factor that has recently weighed on markets. Why did the Dow rally 500 points after the May jobs report? The Bureau of Labor Statistics said nonfarm payrolls rose by 139,000 in May, topping the Dow Jones consensus of 125,000 but easing from April's downwardly revised 147,000. Unemployment stayed at 4.2 percent. 'Today's hiring beat shows the labor market is holding up in spite of slower growth elsewhere,' noted Anthony Saglimbene, chief market strategist at Ameriprise, in a CNBC interview. How did the S&P 500 climb back above 6,000 so quickly? Fresh jobs data calmed fears of an imminent slowdown, prompting investors to scoop up stocks that looked oversold after a choppy week. At its intraday peak, the broad-market benchmark sat less than 3 percent below February's record close, putting a milestone rebound in sight. Tesla stock rebounds nearly 6% as Trump-Musk tensions cool and investors look ahead to robotaxi launch Tesla stock (TSLA) staged a powerful comeback on Friday, climbing 5.85% to close at $301.35 , after a dramatic sell-off the day before. The rebound came as tensions between Elon Musk and President Donald Trump appeared to ease, and investors shifted their focus back to Tesla's big-picture innovations — particularly its highly anticipated robotaxi rollout coming later this month. Price : US $301.35 Change : +$16.65 (+5.85%) intraday Today's range : $291.43 – $301.96 Volume : 74.7 million shares traded What's driving Tesla's recovery? 1. Musk-Trump feud cools off Tesla had plunged over 14% on Thursday after reports of strained relations between Elon Musk and Trump, which raised concerns about political and regulatory risks. But with the heat now seemingly dialed down, the stock surged, clawing back a large chunk of those losses. 2. Eyes on the robotaxi launch Investors are increasingly focused on Tesla's next major catalyst: the debut of its robotaxi service , expected around mid-June. The move could open up a new revenue stream and solidify Tesla's place at the forefront of autonomous tech. 3. Technical bounce After falling below key support levels, Tesla stock rebounded sharply from oversold territory. Friday's rally brought it back above $300 — a psychologically important level for many traders. 4. High volume, high interest More than 74 million shares traded hands Friday, signaling strong buying interest and a renewed sense of optimism. Analyst take: cautious optimism Despite Friday's big move, analysts remain somewhat divided. The average 12-month price target still sits around $283–$290 , suggesting the stock could drift slightly lower from current levels. However, many remain bullish on Tesla's long-term growth potential, especially as it moves beyond EVs into AI and autonomous transport. Are tech giants like Tesla, Nvidia, Meta, and Apple leading the charge again? Yes. Tesla jumped more than 3 percent as bargain hunters stepped in after Thursday's plunge. Nvidia, Meta, and Apple each gained over 1 percent, restoring tech leadership and accounting for a big slice of today's index advance. What does the stronger jobs report mean for the Federal Reserve's June 17–18 meeting? With job growth still positive, traders scaled back bets on an immediate rate cut. Futures now imply the Fed will hold its policy rate steady while it waits for clearer signals on how fresh tariffs and cooling service-sector data feed into inflation. Could summer tariffs and weaker services data stall this rebound? Possibly. Weekly jobless claims ticked higher, ADP reported just 37,000 private-sector hires in May, and the ISM's services gauge slipped unexpectedly. Saglimbene cautions that tariff impacts 'should start showing up in the data over the summer,' meaning markets 'are holding judgment on growth and profitability for the next couple quarters.' FAQs: What caused the Dow to rally 500 points today? Stronger-than-expected May jobs data boosted investor confidence. Why did the S&P 500 hit 6,000 again? A tech stock rebound and solid labor market pushed it above 6,000.
&w=3840&q=100)

First Post
28 minutes ago
- First Post
Why Trump and Nasa cannot afford to cut SpaceX contract over Musk feud
The feud raised questions about how far Trump, an often unpredictable force who has intervened in past procurement efforts, would go to punish Musk, who until last week headed Trump's initiative to downsize the federal government read more Elon Musk and President Donald Trump's violent feud on Thursday might have a significant impact on many US space initiatives and jeopardise around $22 billion of SpaceX's federal contracts. Musk's criticism of Trump's tax-cut and spending legislation, which started last week, was the starting point of the dispute, which swiftly got out of hand. When Musk talked in the Oval Office, Trump snapped at him. Then, Musk attacked Trump in a string of X postings, threatening to revoke federal contracts with Musk's businesses. STORY CONTINUES BELOW THIS AD Musk took the warning seriously and announced that he would begin 'decommissioning' SpaceX's Dragon spaceship, which is used by Nasa. Hours later, however, Musk appeared to reverse course. Responding to a follower on X urging him and Trump to 'cool off and take a step back for a couple of days,' Musk wrote: 'Good advice. Ok, we won't decommission Dragon.' Still, Musk's mere threat to abruptly pull its Dragon spacecraft out of service marked an unprecedented outburst from one of Nasa's leading commercial partners. Under a roughly $5 billion contract, the Dragon capsule has been the agency's only US vessel capable of carrying astronauts to and from the International Space Station, making Musk's company a critical element of the US space program. The feud raised questions about how far Trump, an often unpredictable force who has intervened in past procurement efforts, would go to punish Musk, who until last week headed Trump's initiative to downsize the federal government. If the president prioritized political retaliation and canceled billions of dollars of SpaceX contracts with Nasa and the Pentagon, it could slow US space progress. Nasa press secretary Bethany Stevens declined to comment on SpaceX, but said: 'We will continue to work with our industry partners to ensure the president's objectives in space are met.' STORY CONTINUES BELOW THIS AD Musk and Trump's tussle ruptured an extraordinary relationship between a US president and industry titan that had yielded some key favours for SpaceX: a proposed overhaul of Nasa's moon program into a Mars program, a planned effort to build a gigantic missile defence shield in space, and the naming of an Air Force leader who favoured SpaceX in a contract award. Taking Dragon out of service would likely disrupt the ISS program, which involves dozens of countries under a two-decade-old international agreement. But it was unclear how quickly such a decommissioning would occur. Nasa uses Russia's Soyuz spacecraft as a secondary ride for its astronauts to the ISS. SpaceX's rise SpaceX rose to dominance long before Musk's foray into Republican politics last year, building formidable market share in the rocket launch and satellite communications industries that could shield it somewhat from Musk's split with Trump, analysts said. 'It fortunately wouldn't be catastrophic, since SpaceX has developed itself into a global powerhouse that dominates most of the space industry, but there's no question that it would result in significant lost revenue and missed contract opportunities,' said Justus Parmar, CEO of SpaceX investor Fortuna Investments. STORY CONTINUES BELOW THIS AD Under Trump in recent months, the US space industry and Nasa's workforce of 18,000 have been whipsawed by looming layoffs and proposed budget cuts that would cancel dozens of science programs, while the US space agency remains without a confirmed administrator. Trump's nominee for Nasa administrator, Musk ally and billionaire private astronaut Jared Isaacman, appeared to be an early casualty of Musk's rift with the president when the White House abruptly removed him from consideration over the weekend, denying Musk his pick to lead the space agency. Trump on Thursday explained dumping Isaacman by saying he was 'totally Democrat,' in an apparent reference to reports Isaacman had donated to Democrats. Isaacman has donated to some Republican but mostly Democratic candidates for office, according to public records. Musk's quest to send humans to Mars has been a critical element of Trump's space agenda. The effort has threatened to take resources away from Nasa's flagship effort to send humans back to the moon. Trump's budget plan sought to cancel Artemis moon missions beyond its third mission, effectively ending the over-budget Space Launch System rocket used for those missions. STORY CONTINUES BELOW THIS AD But the Senate Commerce Committee version of Trump's bill released late on Thursday would restore funding for missions four and five, providing at least $1 billion annually for SLS through 2029. Since SpaceX's rockets are a less expensive alternative to SLS, whether the Trump administration opposes the Senate's changes in the coming weeks will give an indication of Musk's remaining political power. SpaceX, founded in 2002, has won $15 billion of contracts from Nasa for the company's Falcon 9 rockets and development of SpaceX's Starship, a multipurpose rocket system tapped to land Nasa astronauts on the moon this decade. The company has also been awarded billions of dollars to launch a majority of the Pentagon's national security satellites into space while it builds a massive spy satellite constellation in orbit for a US intelligence agency. In addition to not being in US interests, former Nasa Deputy Administrator Lori Garver said cancelling SpaceX's contracts would probably not be legal. STORY CONTINUES BELOW THIS AD But she also added, 'A rogue CEO threatening to decommission spacecraft, putting astronauts' lives at risk, is untenable.'


Time of India
32 minutes ago
- Time of India
Batteries, EVs under threat? India fires on all cylinders for rare earths amid China's tightening grip
As China tightens its stranglehold on the global supply of rare earth elements , India is shifting gears — fast. From forging new partnerships in Central Asia to finalising an ambitious incentive scheme for mineral recycling , India is pushing ahead to secure its place in the global race for critical minerals . At the recently held India-Central Asia Dialogue in New Delhi, India and five Central Asian nations expressed mutual interest in jointly exploring rare earths and other critical minerals. In a joint statement, they called for an early meeting of the India-Central Asia Rare Earth Forum, signalling growing geopolitical urgency to diversify away from China's near-monopoly. China's chokehold spurs urgency The backdrop to these moves is no coincidence. Over the past year, China has weaponised its control over rare earths, placing several critical minerals and magnets under strict export licence regimes. These are the very components vital for electric vehicles , wind turbines, semiconductors, and even military-grade systems. Beijing's message is clear: if the West can play export control hardball, China has its own scalpel and it's now using it with surgical precision. While the US, Europe, and Japan scramble to find alternative supply lines, India sees an opening — and it's moving to capitalise. From mission to momentum Under the Rs 34,300 crore National Critical Mineral Mission (NCMM), India aims to become self-reliant in sourcing and processing critical minerals like lithium, cobalt, nickel, and rare earth elements. Joint Secretary in the Mines Ministry, Dinesh Mahur, announced that an incentive scheme for recycling these minerals is in its final stages. The Union Budget has already earmarked Rs 1,500 crore specifically for this effort. Public Sector Enterprises are expected to contribute Rs 18,000 crore to the mission. With a sharp focus on domestic exploration, overseas block acquisition, and technological R&D, the NCMM is India's boldest bet yet to insulate its industries from global supply shocks. Auto industry feels the heat The urgency is not just strategic — it's also economic. Rare earth shortages are already casting a shadow over India's auto sector, especially electric vehicles (EVs), which depend on permanent magnets for motors. Bajaj Auto has warned that its e-scooter production could be impacted from July if Chinese export delays continue. TVS Motor has echoed similar concerns. According to the Federation of Automobile Dealers Associations (FADA), only a third of its members expect sales growth in June. The rare earth crunch, combined with high inventories and tight financing, has pushed automakers to brace for a cautious month — especially as the EV rollout faces headwinds. China's long game, India's fast track What China is doing today has been decades in the making. The world first saw signs of Beijing's ambitions in 2010 when it temporarily banned rare earth exports to Japan over a territorial spat. By 2020, China had passed its own Export Control Law, giving it sweeping powers to curb exports of materials deemed vital to national security. The law was broad enough to include critical minerals, tech, and even data. Now, with the US-China trade war escalating, rare earths have become Beijing's leverage. Export licenses have slowed, production lines in Europe have paused, and Washington is on edge. China's near-monopoly on processing and refining rare earths — not just mining them — means that even if other countries dig up the ores, they'll still need China to process them. Which is why India's current push isn't just policy — it's necessity. The Road Ahead While China refines 90% of the world's rare earths, India is still building capacity. But the groundwork is being laid — with diplomatic ties, budgetary commitments, and strategic focus. The success of the NCMM could determine whether India emerges as a resilient alternative or remains vulnerable to future supply shocks. With global demand for EVs, semiconductors, and green energy tech rising, the stakes couldn't be higher. In this global battle for minerals that power the future, India is no longer on the sidelines. It's suiting up — and firing on all cylinders.