Latest news with #JyotiradityaScindia
The Print
4 hours ago
- Business
- The Print
India will remain competitive: Scindia on US tariff impact on telecom equipment exports
'We will remain competitive,' Scindia said when asked about the impact of the proposed US tariff on telecom equipment export. According to official data, telecom equipment worth about Rs 85,000 crore have been produced under the PLI scheme, of which equipment worth Rs 16,000 crore have been exported to various countries. New Delhi, Jul 31 (PTI) Indian telecom equipment exports to the US will remain competitive even after imposition of additional tariffs, Union Telecom Minister Jyotiraditya Scindia said on Thursday. He was speaking on the sidelines of an event organised by retailers' body CAIT on the eve of the 30th anniversary of the first cellular call in India. According to government and industry sources, Indian electronics industry has around two weeks' breather from the proposed tariffs due to the pending review of a key section that covers technologies under the ongoing bilateral negotiations. US President Donald Trump on Wednesday announced imposition of a 25 per cent tariff on all goods coming from India starting August 1, plus an unspecified penalty for buying military equipment and crude oil from Russia. 'Section 232, which covers electronics and technology products, is expected to come up for review after two weeks. When the US had imposed basic 10 per cent duty, then also technology products were exempted due to pending review of Section 232. This is the position as of now. We don't know what will (happen) after two weeks,' a government source said. PTI PRS TRB This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Hindustan Times
4 hours ago
- Business
- Hindustan Times
Elon Musk's Starlink gets license to launch satellite internet services in India
Elon Musk-led Starlink has received a licence to launch satellite service in India, and a framework for spectrum allocation is also in place for a smooth rollout, Union Telecom Minister Jyotiraditya Scindia said on Thursday. Union minister Jyotiraditya Scindia said frameworks for spectrum allocation and gateway establishment are ready, ensuring smooth rollout.(Reuters) The announcement was made on the eve of the 30th anniversary of the first cellular call made in the country in 1995. "Starlink has been granted a Unified License to launch satellite internet services in India. Frameworks for spectrum allocation and gateway establishment are ready, ensuring smooth rollout," Scindia said. Along with Starlink, Bharti Group-backed Eutelsat OneWeb and Jio SES are also awaiting spectrum allocation to roll out their satcom services. Also Read: Elon Musk slams rivals for too many satellites even as SpaceX owns over 60% of those orbiting Earth India's digital transformation The minister said that over the last 11 years, under the leadership of Prime Minister Narendra Modi, India's digital transformation has been nothing short of extraordinary. "From remote villages to bustling cities, digital access has empowered citizens, bridged divides, and made India a global leader in affordable, inclusive technology," he added. The minister said telephone connections in the country now stand at 1.2 billion, and internet subscriptions have surged by nearly 286 per cent to 970 million. "Broadband usage has seen explosive growth of over 1,450 per cent, rising from 60 million in 2014 to 944 million today. Most notably, the cost of mobile data has dropped by 96.6 per cent, making India the global leader in affordable data at just ₹8.9 per GB," he said. Scindia said the revival of BSNL has been a major breakthrough. "For the first time in 18 years, BSNL reported back-to-back net profits of ₹262 crore and ₹280 crore in FY 2024-25. Over 83,000 4G sites have been installed, with 74,000 already operational, all built on indigenously developed technology. Crack Teams, AI-powered monitoring, and fibre fault resolution within 12 hours have raised service standards across the board," the minister noted. He said India's rapid 5G rollout has covered 99.6 per cent of districts, with 4.74 lakh 5G towers and 300 million users. "With the world's highest per capita 5G usage (32 GB per month) and 100 Use Case Labs in place, India is also among the top six countries in 6G patent filings. Investments under the Production Linked Incentive scheme have touched ₹4,305 crore, resulting in ₹85,391 crore in sales and over 28,000 jobs. Foreign direct investment has nearly tripled from USD 282 million to USD 710 million," the minister added. Also Read: Elon Musk reacts as Neuralink recipient writes her name using only thoughts after 20 years: 'This is possible' COAI says India's telecom sector has transformed since 1995 Commenting on the 30th anniversary of the first cellular call in India, telecom industry body COAI Director General SP Kochhar said India's telecom sector has witnessed a phenomenal transformation since the country's first cellular call in 1995. "Today, India stands as the world's second-largest telecom market, boasting over 1.2 billion subscribers and some of the most affordable tariff rates globally. An Indian subscriber now uses over 21 GB of data each month on average, which is a testament to the world-class infrastructure developed by leading Indian telecom operators," Kocchar said. He said that the mobile service landscape in the country started with 2G and now over 85 per cent of India's population and more than 99 per cent of the districts in India enjoy access to 5G services. Domestic telecom gear maker HFCL managing director Mahendra Nahata said that while the late 1990s and early 2000s saw a rapid expansion of mobile infrastructure, the sector truly came of age with the advent of affordable services and innovative prepaid models that made mobile access available to millions across both major cities and remote villages. "While India followed the global curve during the 2G and 3G eras and caught up with the world in 4G, it surprised many by emerging as the country with the fastest 5G rollout in the world. Now, with a bold vision to lead in future technologies, India is actively working on developing 6G, not just to adopt, but to help shape and set global standards," Nahata said. GX CEO calls it a key moment in India's telecom self-reliance Telecom gear maker GX Group CEO Paritosh Prajapati said as India marks the 30th anniversary of its first cellular call, the country stands at a defining moment in the journey of self-reliance. "The telecom sector has been the backbone of our digital transformation, and initiatives like the Production Linked Incentive (PLI) scheme are ensuring that India doesn't just consume technology, but designs, develops and manufactures it for the world. The next three decades will belong to a truly Atmanirbhar Bharat, leading global innovation from within our borders," Prajapati said.
Time of India
5 hours ago
- Business
- Time of India
India will remain competitive: Scindia on US tariff impact on telecom equipment exports
New Delhi: Indian telecom equipment exports to the US will remain competitive even after imposition of additional tariffs, Union Telecom Minister Jyotiraditya Scindia said on Thursday. According to official data, telecom equipment worth about Rs 85,000 crore have been produced under the PLI scheme, of which equipment worth Rs 16,000 crore have been exported to various countries. "We will remain competitive," Scindia said when asked about the impact of the proposed US tariff on telecom equipment export. He was speaking on the sidelines of an event organised by retailers' body CAIT on the eve of the 30th anniversary of the first cellular call in India. According to government and industry sources, Indian electronics industry has around two weeks' breather from the proposed tariffs due to the pending review of a key section that covers technologies under the ongoing bilateral negotiations. US President Donald Trump on Wednesday announced imposition of a 25 per cent tariff on all goods coming from India starting August 1, plus an unspecified penalty for buying military equipment and crude oil from Russia. "Section 232, which covers electronics and technology products, is expected to come up for review after two weeks. When the US had imposed basic 10 per cent duty, then also technology products were exempted due to pending review of Section 232. This is the position as of now. We don't know what will (happen) after two weeks," a government source said.
Time of India
6 hours ago
- Business
- Time of India
India will remain competitive: Scindia on US tariff impact on telecom equipment exports
Indian telecom equipment exports to the US will remain competitive even after imposition of additional tariffs, Union Telecom Minister Jyotiraditya Scindia said on Thursday. According to official data, telecom equipment worth about Rs 85,000 crore have been produced under the PLI scheme, of which equipment worth Rs 16,000 crore have been exported to various countries. Explore courses from Top Institutes in Please select course: Select a Course Category Management Operations Management MBA Product Management healthcare CXO Technology Degree Leadership Project Management Design Thinking Data Analytics Public Policy Artificial Intelligence Data Science Healthcare PGDM Digital Marketing others MCA Others Data Science Finance Cybersecurity Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK GMPBE India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Kozhikode CERT-IIMK General Management Programme India Starts on undefined Get Details Skills you'll gain: Duration: 9 Months IIM Calcutta CERT-IIMC APSPM India Starts on undefined Get Details "We will remain competitive," Scindia said when asked about the impact of the proposed US tariff on telecom equipment export. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Most Beautiful Female Athletes Right Now Undo He was speaking on the sidelines of an event organised by retailers' body CAIT on the eve of the 30th anniversary of the first cellular call in India. According to government and industry sources, Indian electronics industry has around two weeks' breather from the proposed tariffs due to the pending review of a key section that covers technologies under the ongoing bilateral negotiations. Live Events US President Donald Trump on Wednesday announced imposition of a 25 per cent tariff on all goods coming from India starting August 1, plus an unspecified penalty for buying military equipment and crude oil from Russia. "Section 232, which covers electronics and technology products, is expected to come up for review after two weeks. When the US had imposed basic 10 per cent duty, then also technology products were exempted due to pending review of Section 232. This is the position as of now. We don't know what will (happen) after two weeks," a government source said.
Time of India
12 hours ago
- Politics
- Time of India
School Assembly news headlines for today August 2, 2025: From sports to education, check 20+ national & international news
School Assembly news headlines for today August 2, 2025: Good morning, respected Principal, teachers, and dear friends! Today's school assembly features the latest news headlines from August 2, 2025, covering over 20 important updates from national and international arenas. From thrilling sports achievements to significant education developments and key world events, these headlines are designed to keep you well-informed and engaged. Let's begin by exploring the top stories shaping our world today, bringing awareness to start our day on an informed note. Note: 40+ Thought of the day for school assembly Today's national news headlines in English for school assembly, August 2, 2025 US President Donald Trump announces 25% tariffs plus penalty on India, effective August 1, citing high Indian tariffs affecting trade balance. India successfully launches NASA-ISRO NISAR satellite, a $1.5 billion joint radar imaging project, to map Earth's land and ice for climate monitoring. Union Minister Jyotiraditya Scindia confirms government initiatives to curb cyber frauds including a new Digital Intelligence Platform. External Affairs Minister S. Jaishankar denies any phone conversation between Prime Minister Modi and US President Trump during recent India-Pakistan tensions. INCOIS reports no threat to Indian coastlines despite powerful earthquakes near Russia's Far East. Today's international news headlines in English for school assembly, August 2, 2025 An 8.8 magnitude earthquake near Russia's Kamchatka Peninsula triggers tsunami alerts along coasts of Russia, Japan, and the US, with evacuation orders lifted soon after in Hawaii. Thailand accuses Cambodia of ceasefire violation amid border tensions, raising concerns ofHere are curated school assembly news headlines strictly for July 31, 2025, across various categories. Note: 20+ Word of the Day for School Assembly Today's sports news headlines in English for school assembly, August 2, 2025 England's Ben Stokes ruled out of final Test against India due to injury; Ollie Pope named stand-in captain. India's Jasprit Bumrah to miss fifth Test against England, with Akash Deep expected to step in. Abhishek Sharma reaches No.1 in ICC T20I batting rankings, joining Indian cricket legends. England's Nat Sciver-Brunt regains No.1 spot in women's ODI batting rankings, surpassing India's Smriti Mandhana. India drawn in Group C with Japan, Vietnam, and Chinese Taipei for AFC Women's Asian Cup 2026. Today's education news headlines in English for school assembly, August 2, 2025 NAAC to introduce an AI-based grading system for colleges starting this month, replacing the three-decade-old framework. Mission AI-Saksham launched: Free AI certification drive rolled out for Indian college students to bridge academic and AI industry skills gap. NEET UG Counselling 2025 Round 1 seat processing to proceed today, results expected shortly. Delhi University's NCWEB releases the first cut-off list for the 2024–25 academic year, with online admissions underway. Tamil Nadu's new U-shaped classroom initiative gets positive feedback, aiming to reshape student engagement in learning. Today's state news headlines in English for school assembly, August 2, 2025 PM Modi will release the 20th installment of the PM-Kisan Scheme from Varanasi today, impacting over 9 crore farmers nationwide. Both houses of Parliament adjourned till 2 PM, with ongoing opposition protests over various national issues. Intense rain warnings remain for Delhi-NCR and several northern states, continuing till August 3, as per IMD advisories. States begin immediate school safety audits following the tragic school building collapse in Rajasthan that led to multiple casualties. ED launches its first set of operations in Andaman & Nicobar Islands, investigating a ₹200 crore bank fraud case. Top business and economic news headlines for August 2, 2025 Dr. Reddy's and other Indian pharma stocks fall after Trump threatens a 25% tariff on Indian exports, rattling markets. PM Modi to release ₹20,500 crore as the 20th PM-Kisan installment, benefiting 9.7 crore farmers today. Sensex and Nifty remain steady despite global volatility triggered by U.S. tariff announcements. RBI's hopes for an imminent rate cut fade amid high global tariffs and ongoing inflation concerns. Mahindra & Mahindra posts a robust 24% rise in net profit, gaining market share in the automotive and farm equipment sectors. Daily word and thought of the day for school assembly, August 2, 2025 For the school assembly on August 2, 2025, here are the daily word and thought of the day: Word of the Day: Inquisitive / Meaning: Curious or eager for knowledge; asking questions to learn more. Thought of the Day: "A gentle tongue is a tree of life, but perverseness in it breaks the spirit." — Proverbs 15:4 For more informative articles on historical and upcoming events from around the world, please visit Indiatimes Events.
