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New Delhi, June 22: The space sector in India is projected to grow significantly over the next decade, with estimates placing the size of the country’s space economy at around $40–45 billion, driven by rising commercial participation, innovation, and expanding global demand for space-based services.

The outlook reflects strong momentum in satellite manufacturing, launch services, earth observation, communication technologies, and downstream applications such as navigation and data analytics. Increasing involvement of private players alongside national initiatives has further accelerated the sector’s growth trajectory.

India’s space ecosystem has been evolving rapidly in recent years, supported by policy reforms, technological advancements, and growing collaboration between public institutions and private enterprises. The sector is expected to play a key role in boosting innovation-led economic growth and creating high-skilled employment opportunities.

Officials and industry experts note that the expansion of the space economy is also likely to enhance India’s position in the global space market, as demand for cost-effective and reliable space solutions continues to rise worldwide.

The progress is closely linked to the efforts of Indian Space Research Organisation and the emerging network of private space startups, which together are strengthening India’s capabilities across the value chain.

Analysts believe that sustained investment, supportive policy frameworks, and increased global partnerships could help India capture a larger share of the global space economy in the coming years.

The projected growth underscores the strategic importance of the space sector in shaping India’s technological and economic future.

June 22: Gold and silver prices traded higher in global markets today, supported by easing crude oil prices and improved investor sentiment amid a calmer geopolitical backdrop.

Precious metals saw renewed buying interest as softer crude prices helped ease concerns over inflationary pressures, prompting investors to reassess their risk positions. The decline in energy costs has strengthened expectations of a more stable macroeconomic environment, which typically benefits demand for safe-haven assets such as gold and silver.

Market participants noted that fluctuations in global energy prices continue to play a key role in shaping commodity trends. Lower crude prices tend to reduce inflation expectations, while also influencing currency movements and broader financial market sentiment.

Silver also gained alongside gold, with industrial demand expectations providing additional support. Analysts point out that silver often benefits from both safe-haven demand and its industrial usage, particularly in sectors such as electronics and renewable energy.

Investors are closely monitoring further developments in global oil markets, central bank policy signals, and geopolitical conditions, all of which are expected to influence the trajectory of precious metal prices in the near term.

Overall, the movement in gold and silver reflects a broader shift toward stability in global commodity markets, driven by easing energy costs and cautious optimism among investors.

New Delhi, June 22: India’s External Affairs Minister S. Jaishankar is set to undertake an official visit to Mongolia and South Korea aimed at reinforcing India’s strategic partnerships and expanding economic and diplomatic cooperation with both nations.

The visit is expected to focus on strengthening bilateral relations through high-level engagements with leadership in both countries. Discussions will cover a broad range of areas, including trade and investment, energy cooperation, connectivity initiatives, regional security, and cultural exchanges.

In Mongolia, the talks are anticipated to emphasize India’s continued commitment to deepening development cooperation and enhancing collaboration in sectors of mutual interest. The engagement also reflects India’s growing focus on strengthening ties in the Asia-Pacific and Central Asian regions.

In South Korea, the discussions are expected to build on the robust economic and technological partnership between the two countries, with particular attention to advanced manufacturing, digital technologies, supply chain resilience, and innovation-led growth.

Officials noted that the visit underscores India’s broader diplomatic strategy of expanding strategic partnerships while fostering stronger economic linkages with key regional partners. The engagements are also expected to provide momentum to ongoing initiatives and open new avenues for collaboration.

The visit reflects India’s continued efforts to enhance its global partnerships, strengthen regional cooperation, and support shared priorities in an evolving geopolitical and economic landscape.

India, June 22 : Bakingo’s Aamingo Mango Pastry has emerged as one of the breakout dessert successes of the summer, driving a wave of consumer demand that has seen the product repeatedly sell out within 3-4 hours of being listed across several cities. The overwhelming response has prompted the brand to significantly increase production capacity as it works to meet growing demand for what has quickly become one of its most talked-about launches.

The brand is currently recording nearly 600 orders per day for the Aamingo Mango Pastry, representing a 70% increase over the previous month. The strong demand has led to temporary stock-outs in select markets, with consumers actively tracking product availability and sharing their experiences online. Alongside strong sales, the pastry has generated significant traction across social media, where food creators and consumers alike have contributed to the growing buzz through reviews, reaction videos, unboxing content, and cut-open clips showcasing the product’s unique design.

The momentum follows the launch of Bakingo’s seasonal mango collection under the campaign ‘Ye Mango Aam Nahi’, a celebration of mango-inspired dessert to offer consumers a fresh take on one of India’s most loved flavours. At the heart of the collection is the Aamingo Mango Pastry, a dessert crafted to closely resemble a real mango while delivering a layered sensory experience.

Designed to resemble a real mango, the Aamingo Mango Pastry combines a smooth mango mousse with a juicy mango compote core and a crunchy layer that adds texture to the experience, creating a contrast that has encouraged consumers to share the product widely across platforms. Videos featuring the dessert being cut open, reaction-based content, and creator-led posts have contributed to the growing traction around the launch.

Commenting on the response, Himanshu Chawla, Co-founder, Bakingo, said:

“When we conceptualised the Aamingo Mango Pastry, the idea was never to create a product that relied only on novelty. Consumers today engage with products very differently. They want something that catches attention immediately, but they also expect the experience behind it to feel worthwhile. Our R&D team spent considerable time bringing together design, texture and flavour to create a product that offers a genuinely new experience while staying rooted in a familiar summer favourite. What worked in Aamingo’s favour is that people did not just consume the product, they interacted with it, recorded it, shared it, and made it part of larger conversations online. That kind of organic behaviour cannot be manufactured easily. The response has been extremely encouraging, and with the pastry selling out within hours in several locations, we have also increased production capacity to meet the growing demand.”

As consumer interest continues to grow, Aamingo is evolving beyond a seasonal product launch into a wider cultural conversation, demonstrating how innovation, nostalgia, and digital discovery can come together to create one of the summer’s most sought-after dessert experiences.

June 22: BRICS nations have reaffirmed their commitment to deepening cooperation and creating a stronger ecosystem for micro, small and medium enterprises (MSMEs), recognizing the sector’s critical role in driving economic growth, innovation, and employment across member countries.

During recent discussions, representatives from BRICS countries emphasized the importance of enhancing collaboration in areas such as access to finance, digital transformation, entrepreneurship development, technology sharing, and cross-border trade opportunities for small businesses. The initiative aims to help MSMEs become more competitive and resilient in an increasingly interconnected global economy.

The member nations acknowledged that MSMEs form the backbone of their economies, contributing significantly to job creation and local development. By strengthening partnerships and sharing best practices, BRICS countries seek to address common challenges faced by small businesses while unlocking new opportunities for growth and expansion.

The move is expected to encourage greater business collaboration among entrepreneurs across BRICS economies, facilitating knowledge exchange and fostering innovation. Improved cooperation could also help MSMEs gain better access to international markets, investment opportunities, and emerging technologies.

Industry stakeholders have welcomed the development, viewing it as a positive step toward building a more inclusive and sustainable business environment. Enhanced support for MSMEs is expected to contribute to economic resilience and strengthen the role of small enterprises in driving long-term growth.

The agreement reflects the shared vision of BRICS nations to empower entrepreneurs, support business development, and create a more dynamic and interconnected MSME ecosystem capable of meeting the challenges of a rapidly evolving global marketplace.

New Delhi, June 22: India and the United States are preparing for a series of high-level discussions this week aimed at advancing a long-awaited bilateral trade agreement, signaling renewed momentum in one of the world’s most important economic partnerships.

The planned meetings reflect a shared commitment to strengthening commercial ties and expanding opportunities for businesses and investors in both countries. Officials are expected to focus on resolving key trade issues, improving market access, and identifying areas for deeper economic cooperation.

The discussions come as India and the United States continue to build on their growing strategic and economic relationship. A potential trade agreement is expected to enhance bilateral trade, encourage investment flows, and support job creation across multiple sectors.

Business leaders have welcomed the continued engagement, noting that greater clarity and cooperation on trade matters could help unlock new growth opportunities and strengthen supply chain partnerships. The talks are also expected to reinforce confidence among investors looking to benefit from closer economic collaboration between the two nations.

Experts believe the upcoming negotiations could serve as an important step toward addressing long-standing trade concerns while laying the foundation for a more comprehensive economic framework. Progress in the discussions would not only benefit businesses on both sides but also contribute to greater stability and resilience in global trade.

As the talks get underway, stakeholders will be closely watching for signs of progress that could bring India and the United States closer to a mutually beneficial trade agreement and further strengthen their economic partnership.