Business

Siemens Plans Job Cuts in Automation Amid Profit Decline

By BPN News Desk November 15, 2024

Siemens has announced plans to cut up to 5,000 jobs worldwide in its struggling factory automation division. The move follows a significant 46% drop in profit for the company’s flagship digital industries business, which has faced challenges amid changing market dynamics. Automation Business Faces Setbacks Speaking on Thursday, Siemens CEO Roland Busch explained the

Economy National

India’s Middle Class Faces Crunch as Inflation Hits Spending

By BPN News Desk November 15, 2024

India’s middle class is feeling the pinch as persistent inflation forces urban households to curtail spending on daily essentials and discretionary items. This trend, impacting everything from fast food to consumer goods, is raising concerns about the country’s economic growth, which has heavily relied on urban consumption post-pandemic. Middle-Class Shrinkage:

Technology Telecom

BSNL Unveils India’s First Direct-to-Device Satellite Service

By BPN News Desk November 15, 2024

Bharat Sanchar Nigam Limited (BSNL) has introduced India’s first direct-to-device satellite service, providing seamless connectivity in remote and underserved regions. Announced by the Department of Telecommunications (DoT) on Wednesday, the service is a collaboration between BSNL and California-based technology company Viasat. The initiative, initially showcased at

Economy National

Centre Announces Rs 70,000 Crore Capex Boost for States

By BPN News Desk November 15, 2024

The Union government plans to release Rs 50,000 to Rs 70,000 crore to states in the third quarter of FY25 under its ‘special assistance for capital investment’ scheme. This initiative aims to rejuvenate state capital expenditure, particularly on infrastructure projects, following slowdowns in the first half of the financial year due to general elections.

National

Isro Confirms Proba-3 Spacecraft Ready for PSLV Launch

By BPN News Desk November 15, 2024

The Indian Space Research Organisation (Isro) has confirmed the readiness of the European Space Agency’s (ESA) Proba-3 spacecraft for integration with India’s PSLV-XL rocket. The two-satellite mission, designed to create an artificial solar eclipse for advanced solar observations, is slated for launch on December 4, 2024, from the Satish Dhawan Space Centre,

Defence National

DRDO Successfully Completes Guided Pinaka Weapon System Trials

By BPN News Desk November 15, 2024

The Defence Research and Development Organisation (DRDO) has successfully concluded the flight tests of the Guided Pinaka Weapon System. These tests were conducted across three phases at various field firing ranges to validate Provisional Staff Qualitative Requirements (PSQR). The trials assessed key parameters such as range, accuracy, consistency, and rate of fire in

International

IAEA Chief Visits Iran for Critical Nuclear Talks Amid Rising Israel Tensions

By BPN News Desk November 14, 2024

The International Atomic Energy Agency (IAEA) chief, Rafael Grossi, is set to arrive in Tehran on Wednesday for high-stakes discussions on Iran’s nuclear program, underscoring that options for diplomatic resolution are narrowing. Grossi’s visit comes at a tense time, with Israeli Defense Minister recently warning that Iran’s nuclear sites are “more exposed than

North India State News

Delhi Air Pollution Worsens: AQI Hits ‘Severe’ Level Amid Dense Smog

By BPN News Desk November 14, 2024

Delhi’s air quality reached a critical level on Thursday morning, November 14, with the Air Quality Index (AQI) hitting ‘severe’ levels, reducing visibility across the National Capital Region (NCR). On Wednesday, Delhi recorded the worst AQI in the country, as dense smog engulfed the city, leading residents to wake up to hazardous pollution levels. According

Business Industry

Swiggy Shares Slip After Strong Market Debut, Zomato Rises

By BPN News Desk November 14, 2024

Swiggy shares dipped into red on Thursday after an initial surge in the early trade. This comes just a day after the food delivery giant made an impressive market debut, with shares rising nearly 7% intraday before slipping to Rs 450.25 on the NSE, down 1.26% at 10:30 am. Swiggy’s stock debuted on Wednesday at […]

North India State News

Rajasthan Candidate Arrested Amid Violent Protests in Tonk Bypolls

By BPN News Desk November 14, 2024

Rajasthan Independent candidate Naresh Meena was arrested today following a dramatic series of events in Tonk district, where he allegedly slapped an election official during the bypolls. The arrest, which took place under heightened security, was met with fierce protests from Meena’s supporters, who clashed with police, leading to rioting, stone-pelting, and the