Finance

India’s forex reserves drop US$5.6 billion to US$689.73 billion as of Oct 31, 2025

By BPN News Desk November 8, 2025

India’s foreign exchange reserves fell by US $5.6 billion in the week ended October 31 2025, dropping to US $689.73 billion, the Reserve Bank of India (RBI) said on Friday. This decline occurs after a previous week in which reserves had already slipped by about US $6.9 billion. The fall was driven by a reduction […]

National

Ex-CIA officer claims Indira Gandhi rejected India-Israel strike on Pakistan’s nuclear facility

By BPN News Desk November 8, 2025

In a revelation that brings fresh intrigue to South Asia’s nuclear history, former Central Intelligence Agency (CIA) counter-proliferation officer Richard Barlow has claimed that a secret joint strike plan between India and Israel to hit Pakistan’s Kahuta nuclear facility was proposed in the early 1980s — and says that then-Prime Minister Indira Gandhi withdrew her […]

Uncategorized

RuPay credit cards gain 18% market share in India

By BPN News Desk November 8, 2025

Domestic card network RuPay has sharply increased its presence in India’s credit card market, reaching around 18 percent share in October, helped largely by its deep integration with the Unified Payments Interface (UPI). Industry data show that more and more credit card users are routing their everyday payments through RuPay credit cards linked to UPI, […]

Defence

India to make indigenous fighter jet engines from next year

By BPN News Desk November 8, 2025

India is set to begin manufacturing fighter jet engines within the country from next year, Defence Minister Rajnath Singh has said. In a recent interview, he described this step as a major milestone in India’s push for self reliance in defence equipment and underlined that the engines would be made in India by Indian engineers […]

International

China’s Exports Decline Unexpectedly in October

By BPN News Desk November 7, 2025

China’s exports fell by 1.1% year-on-year in October, marking the first drop since February and a sharp reversal after an 8.3% rise in September. This contraction exceeded analysts’ expectations for growth and highlighted weakening global demand and trade disruptions. Regional Trends and Causes Exports to the United States plummeted by over 25%, while sales to […]

Business Markets

Mutual Fund Reach Still Shallow Despite Record AUM: SEBI Chief

By BPN News Desk November 7, 2025

India’s mutual fund industry has reached a record ₹75 trillion in assets under management (AUM), but overall household participation remains limited, SEBI Chairperson Tuhin Kanta Pandey said on Friday. Speaking at an industry event, he noted that while awareness levels have grown, only about 6.7 percent of Indian households currently invest in mutual funds. This […]

International

Trump Calls for Denuclearisation, Cites Cuts in Defense Spending

By BPN News Desk November 7, 2025

U.S. President Donald Trump reiterated his ambition to pursue denuclearisation and significantly reduce defence budgets during remarks given in Washington. He stated that nations such as Xi Jinping’s China and Vladimir Putin’s Russia could “spend money on other things” if military-expenditure loads were eased. Context of the statement Trump’s comments come amid

Business Finance

RBI Supports Lifting of Acquisition Financing Curbs

By BPN News Desk November 7, 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra has stated that the recent removal of restrictions on bank financing for corporate acquisitions will boost the real economy. The move follows regulatory changes permitting banks to provide funding for acquisitions, subject to safeguards such as limiting financing to 70% of deal value and placing debt-to-equity caps. […]

Cricket Sports

India Raises Asia Cup Trophy Row at ICC Meet in Dubai

By BPN News Desk November 7, 2025

The Mohsin Naqvi-led Pakistan Cricket Board (PCB) chair’s absence was conspicuous as the International Cricket Council (ICC) Board meeting began in Dubai. Speculation had grown that Naqvi might skip the event entirely, but reports later confirmed his arrival shortly before proceedings commenced. India’s Focus and Tension Over Asia Cup Trophy Representatives from the Board

National Politics

Rahul Gandhi Accuses Modi of Winning Through “Stolen” Elections

By BPN News Desk November 7, 2025

Congress leader Rahul Gandhi has publicly accused Prime Minister Narendra Modi of coming to power by “stealing elections.” Addressing the youth, especially Gen Z, Gandhi claimed his party possesses substantial evidence of electoral manipulation. He urged younger voters to recognise what he described as serious threats to democracy. Focus on Gen Z and Political Mobilisation