A second production-linked incentive scheme (PLI) for the drone ecosystem in the country may take some more time as consultations with stakeholders have led to a rethink around monetary allocations in a bid to make the gains more broad-based. MoCA plans to prepare a new cabinet note on the PLI scheme for drones by February 2025, following which. it will be sent for approval.
Open FlipQCP traders predict Bitcoin will surge to $100,000, a 10% increase from its current record, in the coming months, driven by anticipated U.S. regulatory changes and institutional adoption, which could trigger an "alt season" where altcoins benefit from the gains, despite concerns about overvaluation and potential market corrections.
Open FlipAI and big data tokens' market capitalization surged 131% to $42.13 billion, driven by Bitcoin's rally and growing investor confidence. Artificial intelligence and big data tokens have seen their market capitalization soar by 131.35% since hitting their lowest point of the year on June 8, riding the momentum of Bitcoin's ongoing bull run.
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