The Department of Telecommunications (DoT) vide circular dated 05 November, 2021 has amended the License Agreement for providing very small aperture terminal (VSAT) services through Indian National Satellite System. As per the amendment 100% FDI is allowed in VSAT services under automatic route. It is further provided that FDI from entities from a country that shares land border with India shall be through government route.
RBI announces Daily Variable Rate Repo (VRR) Auction
Based on assessment of the liquidity conditions, it is decided that the notified amount for the daily Variable Rate Repo (VRR) auction to be conducted