Government Policies National

ED Launches Investigation into Torres Ponzi Scheme

By BPN News Desk January 14, 2025

The Enforcement Directorate (ED) has registered a money laundering case in connection with the alleged Torres Ponzi scheme, which reportedly defrauded numerous investors across India. The financial scandal has drawn widespread attention due to its scale and the number of people affected. Allegations of Massive Fraud The Torres scheme is alleged to have promised high […]

International

India Requests Russia to Release Indian Nationals from Military Service

By BPN News Desk January 14, 2025

India has formally urged Russia to release all Indian nationals serving in the Russian military, following the death of another Indian citizen reportedly serving as part of Russian forces. This incident has raised concerns in New Delhi, prompting diplomatic efforts to ensure the safety and security of Indian nationals in Russia. Concerns Over Indian Nationals […]

International

China’s Export Restrictions Disrupt India’s Manufacturing Sector

By BPN News Desk January 14, 2025

India’s manufacturing sector is facing significant challenges due to China’s recent export restrictions on critical raw materials. These curbs, primarily targeting essential components for electronics, solar panels, and other industries, have disrupted supply chains and increased costs for Indian manufacturers. Impact on Key Industries China’s decision to impose export

International

French and Indian Navies Conduct Joint Tactical Exercises

By BPN News Desk January 14, 2025

The French Navy and the Indian Navy recently engaged in a series of tactical air-sea maneuvers aimed at enhancing strategic collaboration and operational readiness. The joint exercises underscore the growing partnership between the two navies as they work towards strengthening maritime security and regional stability. Strengthening Naval Cooperation The drills featured

International

North Korean Troops Allegedly in Ukraine to Support Russia

By BPN News Desk January 14, 2025

Reports have surfaced suggesting that North Korean troops may be actively involved in the Ukraine conflict, supporting Russia and gaining vital battlefield experience. This alleged development signals a growing alliance between Pyongyang and Moscow, raising global concerns over the implications of such military cooperation. Strengthening Ties Between North Korea and Russia

Finance

Indian Equity Market Faces $556 Billion Rout Amid Concerns

By BPN News Desk January 14, 2025

The Indian equity market is witnessing a significant downturn, with losses mounting to $556 billion amidst growing concerns over inflation and economic growth. This steep decline in market capitalization has raised alarm bells among investors, as key indices continue to struggle under global and domestic pressures. Economic Growth and Inflation Concerns The rout in the

International

Jaishankar Confident of Stronger US-India Ties

By BPN News Desk January 14, 2025

External Affairs Minister S. Jaishankar has voiced optimism about the enduring and strengthening relationship between India and the United States. Speaking about the evolving bilateral ties, he highlighted the mutual respect and shared goals that have become the cornerstone of this partnership. Strategic Partnership in Focus India and the US have deepened their

Defence National

HAL Prepares for LUH Contract with Armed Forces

By BPN News Desk January 14, 2025

Hindustan Aeronautics Limited (HAL), a key player in India’s defense manufacturing, is gearing up for a significant contract to supply Light Utility Helicopters (LUH) to the Indian armed forces. This development aligns with the government’s focus on indigenizing defense production under the “Atmanirbhar Bharat” initiative. Indigenous Helicopter Production on

Space & Astronomy

Scientists Discover New Galaxy at Tidal Tail’s Tip

By BPN News Desk January 14, 2025

In an extraordinary cosmic discovery, scientists have identified a new galaxy forming at the tip of a tidal tail, a rare phenomenon located 1.27 million light-years away. This groundbreaking find offers invaluable insights into galaxy formation and the complex dynamics of gravitational interactions in the universe. A Rare Cosmic Formation Tidal tails are elongated streams

Cricket Sports

Rohit Sharma Joins Mumbai Practice Ahead of Ranji Trophy

By BPN News Desk January 14, 2025

In a significant boost for the Mumbai cricket team, Indian skipper Rohit Sharma has joined the squad’s practice session as they prepare for the Ranji Trophy. Accompanying him at the nets are key players like Ajinkya Rahane, Shreyas Iyer, and Shardul Thakur. This marks a major development as Mumbai eyes a strong campaign in the […]