Government Policies National

Govt May Charge MDR on UPI Payments Over ₹3,000

By BPN News Desk June 11, 2025

India is exploring the reintroduction of a modest Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions exceeding ₹3,000. This potential shift aims to bolster the sustainability of the country’s booming digital payments system without impacting everyday users. UPI charges Since UPI’s launch in 2016 and the removal of MDR in early 2020, it […]

Defence National

Reliance & Diehl Forge ₹10,000 Cr Pact to Produce Vulcano Smart Ammunition in India

By BPN News Desk June 11, 2025

Reliance Defence, a unit of Reliance Infrastructure, has signed a landmark agreement with Germany’s Diehl Defence to manufacture advanced Vulcano 155 mm precision-guided ammunition domestically. Valued at ₹10,000 crore, this pact strengthens India’s push for self-reliance in defence and deepens its technical partnerships with global leaders. Vulcano ammunition The Vulcano

Infrastructure National

Cabinet Approves ₹6,405 Cr Railway Multitracking Projects

By BPN News Desk June 11, 2025

The Union Cabinet, led by Prime Minister Narendra Modi, has approved two major railway multitrack projects totalling ₹6,405 crore. Together, these initiatives will lay an additional 318 km of track across seven districts in Jharkhand, Karnataka, and Andhra Pradesh, aimed at significantly enhancing connectivity, alleviating congestion, and reducing logistics costs.

International

J-10 Maker AVIC Chengdu Shares Drop 18% Amid Post-Conflict Cooldown

By BPN News Desk June 11, 2025

Chinese defence manufacturer AVIC Chengdu Aircraft has seen its shares tumble nearly 18% in just over two weeks, with prices falling from 95.86 yuan on May 12 to around 76 yuan by early June. The drop follows the easing of India-Pakistan hostilities, a key geopolitical factor that had initially triggered a sharp rally in Chinese […]

Government Policies National

Govt Launches Nationwide Drive to Return Unclaimed Deposits, Dividends & Policies

By BPN News Desk June 11, 2025

In a major push to reconnect citizens with their unclaimed financial assets, the central government is launching a nationwide campaign across 500 districts. This initiative aims to return dormant bank deposits, unpaid dividends, lapsed insurance policies, unclaimed pension funds, and more to their rightful owners, marking a crucial step towards financial inclusion and

National

Amit Shah Pushes to Restore Elected Government in Manipur Amid Unrest

By BPN News Desk June 11, 2025

Union Home Minister Amit Shah is spearheading efforts to reinstate a democratically elected government in Manipur, currently under President’s Rule since February 13. This move follows urgent appeals from former Chief Minister N. Biren Singh and Rajya Sabha MP Leishemba Sanajaoba, who visited New Delhi to brief the Centre on the escalating crisis in the northeastern state.

International

India “Is Not a Football”: Ex-Pentagon Official Slams Trudeau, Backs Carney’s Outreach

By BPN News Desk June 11, 2025

Former Pentagon official and senior fellow at the American Enterprise Institute, Michael Rubin, has strongly criticised Canada’s past handling of its relationship with India under former Prime Minister Justin Trudeau. In a recent interview, Rubin remarked that India should be treated as a strategic partner, not as a tool for domestic political games. “India is […]

National PMO

PM Modi Meeting: Ministers Mandated RT-PCR Amid COVID Surge

By BPN News Desk June 11, 2025

India has implemented a strict precautionary measure requiring all ministers and officials scheduled to meet Prime Minister Narendra Modi to undergo an RT-PCR COVID-19 test. This decision follows a visible uptick in active COVID cases across the country, prompting the government to reinforce safety protocols even at the highest levels of administration. COVID test before

South India State News

Telangana HC Grants Bail to Janardhan Reddy, Stays Conviction in Mining Case

By BPN News Desk June 11, 2025

In a significant development with legal and political ramifications, the Telangana High Court on June 11 granted interim bail and stayed the conviction of Karnataka MLA and former minister Gali Janardhan Reddy in the Obulapuram illegal mining case. The decision, delivered by Justice K. Lakshman, has also reinstated his eligibility as a Member of the […]

International

Musk Says He Regrets Harsh Posts on Trump, Signals Truce

By BPN News Desk June 11, 2025

Elon Musk has publicly admitted regret over some of the strongly worded social media posts he made against US President Donald Trump. In a rare backtrack, Musk wrote, “I regret some of my posts about President @realDonaldTrump last week. They went too far.” This statement marks a significant de-escalation after a highly publicised digital feud […]