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International

Lalit Modi Acquires Vanuatu Citizenship, Complicating Extradition

By BPN News Desk March 7, 2025
Former Indian Premier League (IPL) chairman Lalit Modi has renounced his Indian citizenship and acquired citizenship of Vanuatu, a Pacific island nation. This development poses significant challenges to India’s ongoing efforts to extradite him to face charges related to financial misconduct. Background on Lalit Modi’s Legal Issues Lalit Modi fled India in 2010
Image Credit: X account @CMOMaharashtra
State News West India

Maharashtra Invites Tesla to Establish Manufacturing Plant

By BPN News Desk March 7, 2025
The Maharashtra government has extended an invitation to Tesla, the American electric vehicle (EV) giant, to establish a manufacturing facility within the state. This initiative aligns with Maharashtra’s commitment to promoting sustainable transportation and positioning itself as a leader in the EV sector. Maharashtra’s Commitment to Electric Mobility
Defence National

India Signs $248 Million Deal with Russia for T-72 Tank Engines

By BPN News Desk March 7, 2025
The Ministry of Defence (MoD) of India has entered into a $248 million agreement with Russia’s state arms exporter, Rosoboronexport, to procure advanced engines for the Indian Army’s T-72 battle tanks. This strategic acquisition aims to enhance the operational capabilities of India’s armored forces by upgrading the powerplants of these mainstay combat vehicles. Enhancing
Rajesh Kumar DRDO
Defence National

MoD Enhances Competitive Bidding in Defence Procurement

By BPN News Desk March 7, 2025
India’s Ministry of Defence (MoD) has announced plans to expand the use of competitive bidding in the procurement of weapons and systems for the armed forces. This move aims to enhance efficiency, promote private sector participation, and reduce reliance on direct contract awards to public-sector entities. Shifting from Nomination to Competition Traditionally, a
semiconductor
State News West India

Gujarat Secures ₹15,000 Crore in Semiconductor Investments

By BPN News Desk March 7, 2025
The inaugural day of the Gujarat SemiConnect Conference marked a significant milestone for the state’s semiconductor industry, with the signing of Memorandums of Understanding (MoUs) totaling nearly ₹15,000 crore. These agreements underscore Gujarat’s strategic push to position itself as a leading hub in the semiconductor sector. Major Investment by NextGen A
Gautam-Adani
State News West India

Supreme Court Allows Adani’s Dharavi Redevelopment Amid Legal Challenge

By BPN News Desk March 7, 2025
India’s Supreme Court has declined to impose a stay on the Dharavi redevelopment project awarded to the Adani Group, despite legal objections raised by Dubai-based Seclink Technologies Corp. The court has issued notices to Adani Properties, the Maharashtra government, and Seclink Technologies, requesting their responses to the ongoing dispute. Background of the
State News West India

Maharashtra Reports ₹7,634 Crore Loss to Cyber Frauds in 2024

By BPN News Desk March 7, 2025
Maharashtra experienced a significant surge in cyber fraud incidents in 2024, leading to financial losses amounting to ₹7,634 crore. Among the state’s cities, Pune recorded the highest monetary losses due to cybercrimes, highlighting the growing threat of digital fraud. Escalating Cyber Fraud Cases in Maharashtra The state has witnessed a sharp rise in cyber fraud
RBI
Economy National

CRISIL Predicts RBI Repo Rate Cut of 50-75 Basis Points in FY26

By BPN News Desk March 7, 2025
CRISIL, a prominent credit rating agency, has projected that the Reserve Bank of India (RBI) may reduce the repo rate by 50 to 75 basis points (bps) during the fiscal year 2025-26 (FY26). This anticipated monetary easing aims to stimulate consumption and lower borrowing costs, thereby supporting economic growth. Anticipated Repo Rate Reduction The forecasted […]
Ashwini Vaishnaw
AI & Robotics Technology

India Unveils AI Compute Portal, Surpassing Global Benchmarks​

By BPN News Desk March 7, 2025
In a significant advancement for India’s technological landscape, Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, inaugurated the AI Compute Portal in New Delhi. This state-of-the-art platform is designed to provide high-performance computing resources to a diverse range of users, including researchers, developers, and startups, thereby
Infrastructure National

Gadkari Seeks Arrest of Engineers Behind Faulty Road DPRs

By BPN News Desk March 7, 2025
Union Minister for Road Transport and Highways, Nitin Gadkari, has called for stringent legal measures against engineers and consultants responsible for drafting defective Detailed Project Reports (DPRs) and substandard road designs, which have been linked to the increasing number of road accidents and fatalities in India. Addressing the Global Road Infratech Summit &
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