Devas Multimedia News Today

Finance minister Nirmala Sitharaman’s ‘White Paper on the Indian Economy’ has presented a detailed analysis of the ‘policy paralysis’ and governance issues of the 2004-2014 period.

The Aug 2023 order, for which rehearing was sought, was a major relief for Antrix Corp years after the UPA government’s move to annul a 2005 satellite deal between Devas Multimedia and Antrix.

Union Finance Minister Nirmala Sitharaman presented a White Paper on February 8, 2024, showcasing the governments accomplishments over the past decade. The document also shed light on several scams that occurred during the UPA government prior to 2014.

The ‘White Paper’ said when the Modi government assumed office in 2014, the economy was in a "fragile state"; and there was widespread corruption. | Latest News India

The White Paper on Indian Economy tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman on Thursday enumerates about 15 cases of corruption and scams that happened during the 10-year rule of the Congress-led UPA government.As per the ...

Presenting the white paper on the economy, finance minister Nirmala Sitharaman spoke about the the IMF’s changed observations about India under PM Narendra Modi, juxtaposing it with the scam regime of the Congress-led UPA

Exclusive for Subscribers from Monday to Friday: Why India’s first mission to study the Sun and “Four Stars of Destiny” are relevant to the UPSC Exam? What significance do topics like Lakshadweep, 2005 satellite deal between Antrix Corporation and Devas Multimedia Pvt Ltd and production linked incentives (PLI) scheme have for both the preliminary and main exams? You can learn more by reading the Indian Express UPSC Key for January 5, 2024.

The Singapore Court of Appeals dismissed the Indian appeal stating that most of the issues raised in the plea had been addressed during the arbitration by the Permanent Court of Arbitration in Geneva and subsequently by the Swiss Federal Supreme Court.

While the multi-crore Antrix-Devas controversy about the S-band spectrum deal between the Indian Space Research Organisation (ISRO)’s Antrix firm and Devas (backed by American investors), leading to international legal disputes, may have faded from public memory; that there is interest in getting details of the money spent on court cases by this government organisation, effaces through the RTI route.

The district court, in an October 25 order, rejected the government's plea to consider the Supreme Court order as fresh evidence of wrongdoing by Devas Multimedia in the process of securing the 2005 satellite deal with Antrix Corp.