Business Industry

Adani Green Seeks ₹10,000 Crore Loan Refinancing

By BPN News Desk February 14, 2025

Adani Green Energy Limited (AGEL) is in advanced discussions with a consortium led by the State Bank of India (SBI) to refinance its existing dollar-denominated loans, aiming to raise up to ₹10,000 crore. This strategic move is intended to mitigate foreign exchange risk and capitalize on favorable domestic interest rates. Strategic Financial Management By opting […]

Economy National

India’s Forex Reserves Increase by $7.6 Billion

By BPN News Desk February 14, 2025

India’s foreign exchange reserves have surged by $7.6 billion, marking the third consecutive week of expansion. This increase brings the total reserves to approximately $704.89 billion, reflecting strong foreign investments and a stable macroeconomic outlook. Breakdown of Forex Reserves The foreign exchange reserves comprise multiple components that contribute to

Business Industry

Apple Unveils New Product Line Set for February 19 Release

By BPN News Desk February 14, 2025

In a recent announcement, Apple CEO Tim Cook introduced the latest addition to the company’s product lineup, scheduled for release on February 19. This new product is expected to integrate seamlessly into the Apple ecosystem, offering users enhanced functionality and design. Anticipated Features and Innovations While specific details about the new product remain

Science Space & Astronomy

ISRO to Privatize Manufacturing of LVM3 and SSLV Rockets

By BPN News Desk February 14, 2025

In a strategic move to enhance India’s space capabilities, the Indian Space Research Organisation (ISRO) has announced plans to transition the manufacturing of its LVM3 and SSLV rockets to private industry partners. This initiative is part of a broader effort to increase private sector participation in the nation’s space endeavors. Privatization of LVM3 and

Business Industry

Housing Sales Surge 20% in Top 15 Tier-II Cities

By BPN News Desk February 14, 2025

In a notable development for India’s real estate sector, housing sales in the top 15 tier-II cities have experienced a significant uptick. The total value of these sales has reached ₹1.53 lakh crore, marking a 20% increase over the previous period. Factors Driving the Surge in Housing Sales Several factors have contributed to this surge […]

Business Industry

Adani Group to Double Ammunition Production Amid Global Demand

By BPN News Desk February 14, 2025

In response to escalating global demand, the Adani Group is set to significantly enhance its ammunition production capabilities. The company currently manufactures 150 million rounds of small arms ammunition each year and aims to double this output to 300 million rounds by the end of the year. This strategic move comes as the company has […]

East India State News

Kuki Group Sees President’s Rule as Path to Peace in Manipur

By BPN News Desk February 14, 2025

In a significant development amid ongoing ethnic tensions in Manipur, a prominent Kuki organization has expressed optimism regarding the imposition of President’s Rule in the state. The group believes this move could pave the way for meaningful political dialogue and a lasting resolution to the conflict. The ethnic violence in Manipur, primarily between the majority

Economy National

GST Council Considers Eliminating 12% Slab to Boost Consumption

By BPN News Desk February 14, 2025

In a strategic move to stimulate consumer spending and simplify the tax structure, the Goods and Services Tax (GST) Council is deliberating the elimination of the 12% tax slab. This proposal aims to reassign items currently taxed at 12% into either the 5% or 18% categories, thereby streamlining the GST framework. GST Rate Rationalization The […]

International

India Ready to Repatriate Illegal Immigrants, Says PM Modi

By BPN News Desk February 14, 2025

During a recent press conference with U.S. President Donald Trump, Prime Minister Narendra Modi addressed the issue of Indian citizens residing illegally in the United States. He emphasized India’s commitment to taking back its nationals who are living abroad without proper authorization. India’s Stance on Illegal Immigration Prime Minister Modi stated that

National Politics

Rahul Gandhi Criticizes PM Modi’s Stance on Adani Allegations

By BPN News Desk February 14, 2025

In a recent development, Leader of Opposition in the Lok Sabha, Rahul Gandhi, has intensified his criticism of Prime Minister Narendra Modi concerning allegations against industrialist Gautam Adani. Gandhi accused the Prime Minister of “shielding” Adani by dismissing corruption allegations as a “personal matter.” Gandhi’s Accusations Against