AI & Robotics Technology

OpenAI’s Sam Altman Meets IT Minister to Discuss AI Growth

By BPN News Desk February 6, 2025

OpenAI CEO Sam Altman recently met with India’s IT Minister, Ashwini Vaishnaw, to discuss strengthening AI development in India. The discussions focused on India’s efforts to build an advanced AI ecosystem, including infrastructure, models, and applications, with OpenAI expressing interest in collaboration. Clarification on Previous AI Remarks During the

PMO

Elon Musk to Meet PM Modi to Discuss Tesla, Starlink

By BPN News Desk February 6, 2025

Tesla and SpaceX CEO Elon Musk is expected to meet Indian Prime Minister Narendra Modi during Modi’s visit to the United States from February 12 to 14. The high-profile meeting, likely scheduled for February 13, will include discussions on Tesla’s plans for India, Starlink’s satellite internet services, and possible collaborations in space technology. Key Discussion […]

National

Finance Ministry Restricts AI Tools on Official Devices

By BPN News Desk February 6, 2025

The Finance Ministry has issued a directive prohibiting its officers from downloading or utilizing artificial intelligence (AI) applications such as ChatGPT and DeepSeek on official computers and devices, citing concerns over data and document confidentiality. Directive to Avoid AI Tools In a communication dated January 29, 2025, the Department of Expenditure within the

Economy National

RBI Increases Gold Reserves by 72.6 Tonnes in 2024

By BPN News Desk February 5, 2025

The Reserve Bank of India (RBI) has significantly increased its gold reserves in 2024, adding 72.6 tonnes over the year. This expansion brings India’s total gold holdings to 876.18 tonnes, with a valuation of approximately $66.2 billion. The increase marks the highest annual addition since 2021 and reflects the central bank’s strategy to strengthen its […]

International

India’s Russian Crude Imports Surge Despite New Sanctions

By BPN News Desk February 5, 2025

India’s crude oil imports from Russia surged by 13% in January, even as the United States imposed fresh sanctions aimed at restricting Russia’s energy exports. The increase highlights India’s continued focus on securing cost-effective energy supplies amid shifting global trade dynamics. India’s Energy Strategy and Russian Oil Imports India has consistently

Economy

Rupee Hits Record Low Amid Rate Cut Speculations

By BPN News Desk February 5, 2025

The Indian rupee has dropped to an all-time low against the U.S. dollar, influenced by market expectations of a potential rate cut by the Reserve Bank of India (RBI) and rising demand for dollars from importers. Rupee Hits Record Low The rupee fell to 87.35 per U.S. dollar, marking a fresh record low. This decline […]

National

Fitch: India’s Debt Reduction Progresses Gradually

By BPN News Desk February 5, 2025

Fitch Ratings has observed that India’s efforts to reduce its public debt are progressing at a gradual pace, highlighting potential vulnerabilities in the event of significant economic disruptions. The agency acknowledges the government’s commitment to a medium-term fiscal framework aimed at decreasing the debt-to-GDP ratio, which could positively influence

International

US Deports 104 Indian Immigrants Ahead of Modi-Trump Meeting

By BPN News Desk February 5, 2025

In a significant development preceding the upcoming meeting between Prime Minister Narendra Modi and President Donald Trump, a US military aircraft has deported 104 Indian immigrants to Amritsar. This action marks a notable instance of the US administration’s intensified efforts to address illegal immigration. Details of the Deportation The deported individuals,

Business Industry

Arbitrator to Decide on Trustees for Ratan Tata Foundation

By BPN News Desk February 5, 2025

In the absence of explicit written instructions from the late Ratan Tata regarding the appointment of trustees to the Ratan Tata Endowment Foundation (RTEF), stakeholders are considering arbitration to resolve the matter. The proposed arbitrator is expected to be a retired Chief Justice of the Supreme Court, who will determine whether the authority to appoint […]

International

India Procures Russian Anti-Ship Cruise Missiles

By BPN News Desk February 5, 2025

In a strategic move to bolster its naval defense, India has entered into a contract with Russia for the acquisition of anti-ship cruise missiles. This procurement aims to significantly enhance the combat capabilities of the Indian Navy’s submarine fleet. Contract Details The agreement was formalized in the presence of Defence Secretary Rajesh Kumar Singh. The […]