Space regulator INSPACe chief Pawan Goenka selected for Padma Shri; Union minister, IIT laud his achievements | India News – The Times of India

NEW DELHI: An engineer-turned-space sector administrator Pawan Kumar Goenka, who is the chairman of space regulator and promoter Indian National Space Promotion and Authorisation Centre (INSPACe) and is also leading a trade promotion panel, has been selected for the Padma Shri award.Besides his significant contribution to the space sector as space regulator, Goenka, who earlier…

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Ahead of Elon Musk’s visit to India, Centre notifies new FDI limit in space sector | India News – Times of India

NEW DELHI: Ahead of Starlink-promoter Elon Musk‘s visit to India, the Centre has notified a new Foreign Direct Investment (FDI) limit for various satellite-related activities under Foreign Exchange Management (Non-Debt Instruments) Rules, enabling foreign investors to firm up investment plans in the sector.A notification from the finance ministry said the new rules called the Foreign…

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