India Sets Conditions for Starlink as Gold Reserves Surge

New Delhi : The Indian government has laid out specific conditions for Starlink’s entry into the country, ensuring compliance with regulatory and security norms. Meanwhile, India’s gold reserves have seen a significant jump, increasing by ₹8,700 crore in just one week. The total value of the country’s gold reserves now stands at ₹6.46 lakh crore, driven by rising global gold prices and strong investor demand.
The increase in gold reserves comes amid global economic uncertainties, prompting central banks, including the Reserve Bank of India (RBI), to strengthen their holdings. The demand for gold has been fueled by inflation concerns, geopolitical tensions, and fluctuating currency values, making it a preferred asset for stability.
On the tech front, Starlink, Elon Musk’s satellite internet venture, is eyeing an Indian launch but must meet strict conditions set by the government. These include regulatory approvals, local licensing requirements, and security checks to ensure compliance with Indian laws. The government is keen to expand internet access in rural areas but wants to ensure national security and data privacy are not compromised.

As India’s economy navigates dynamic shifts, both gold reserves and advancements in satellite internet services play a crucial role in shaping the country’s financial and digital landscape.