Starlink gets nod for satcom services as telecom department issues letter of intent

FILE PHOTO: The Starlink logo is seen in front of the Indian flag in this illustration taken, June 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo | Photo Credit: Dado Ruvic Starlink, backed by billionaire Elon Musk, on Wednesday received the Government’s nod for satcom services in India, as the Department of Telecommunications issued a letter of intent…

Jerome Powell says larger-than-expected tariffs could worsen inflation, hamper growth, cause unemployment as Fed holds rates

Federal Reserve Chairman Jerome Powell has implied that US President Donald Trump’s “reciprocal” tariffs are “substantially larger than anticipated” and likely to generate a rise in inflation, hamper economic growth and cause more unemployment, with the US central bank holding key interest rates unchanged in the 4.25-4.5 per cent range as widely expected. Fed Chair Jerome…

Pre Market Setup (MAy 8): GIFT Nifty futures up 5 pts; markets likely to open flat amid global caution, India-Pak tensions

Indian markets are likely to open on a flat-to-positive note on Thursday, as GIFT Nifty futures traded just 5 points higher at 24,423, hinting at a muted start for Dalal Street. While global cues remain moderately supportive, investor sentiment continues to be clouded by heightened geopolitical tensions after India’s military strikes on nine terror camps…

US jury acquits three Memphis police officers in Tyre Nichols beating death | Courts News

A jury in the United States has acquitted three former police officers in the controversial beating death of Tyre Nichols, a 29-year-old father who was killed after a traffic stop in Memphis, Tennessee. On Wednesday, former officers Tadarrius Bean, Demetrius Haley and Justin Smith were found not guilty in a state-level case that included charges…