Economy National

India Maintains 6.3–6.8% GDP Forecast Despite U.S. Tariffs

By BPN News Desk August 30, 2025

Chief Economic Advisor V. Anantha Nageswaran reaffirmed India’s GDP growth projection for FY2025–26 at 6.3% to 6.8%, despite the U.S. imposing tariffs of up to 50% on Indian goods. He pointed to the economy’s strong start, with the first quarter recording 7.8% growth, as evidence of resilience. The projection also matches the range highlighted in […]

Business

Jio IPO Set for First Half of 2026

By BPN News Desk August 30, 2025

Reliance Industries has confirmed that its digital arm, Jio Platforms, is preparing for an initial public offering (IPO) in the first half of 2026. Chairman Mukesh Ambani told shareholders that the IPO would be a “very attractive opportunity” for investors and a major milestone for the company. Market Significance The listing is expected to be […]

International

Brazil Avoids Immediate Retaliation Over U.S. Tariffs

By BPN News Desk August 30, 2025

Brazilian President Luiz Inácio Lula da Silva said he is in “no rush” to respond to the newly imposed 50% U.S. tariffs, stressing that negotiation is preferable to confrontation. While Brazil is evaluating options, Lula emphasized that his government does not want an escalation that could harm trade relations. Reviewing Reciprocity Law Brazil’s Foreign Trade […]

International

UN Food Chief Warns of Starvation in Gaza

By BPN News Desk August 30, 2025

World Food Programme Executive Director Cindy McCain has warned that women and children in Gaza are actively starving. After visiting the territory earlier this week, she said the suffering was “very evident,” with families facing acute hunger and food shortages. Urgent Plea to Israeli Leadership McCain raised the issue directly with Israeli Prime Minister Benjamin […]

International

Macron: Putin ‘Played’ Trump If No Zelenskiy Meeting

By BPN News Desk August 30, 2025

French President Emmanuel Macron warned that Russian President Vladimir Putin would have “played” U.S. President Donald Trump if he failed to commit to a meeting with Ukrainian President Volodymyr Zelenskiy by Monday, the deadline Trump had set for talks. Macron, speaking alongside German Chancellor Friedrich Merz, called Putin’s maneuver “unacceptable” and said Europe

International

Russia, China Oppose Discriminatory Sanctions

By BPN News Desk August 30, 2025

On the eve of his four-day visit to China, Russian President Vladimir Putin denounced Western trade sanctions as “discriminatory.” He said Russia and China are united in opposing restrictions that hinder global socioeconomic development. His remarks came in an interview with China’s Xinhua news agency ahead of his attendance at the Shanghai Cooperation

International

Turkey Closes Airspace, Ports to Israel Over Gaza War

By BPN News Desk August 30, 2025

Turkey has announced a full suspension of trade with Israel. All Turkish ports have been closed to Israeli ships, and Turkish-flagged vessels are banned from docking at Israeli ports. The decision reflects Ankara’s escalating response to the ongoing conflict in Gaza. Airspace Restrictions In addition to trade measures, Turkey has shut its airspace to Israeli […]

Business Industry

India to Bridge Semiconductor Talent Gap

By BPN News Desk August 30, 2025

Electronics and IT Minister Ashwini Vaishnaw has warned that the world may face a shortage of one million semiconductor professionals by 2030. He said India’s Semiconductor Mission offers a major opportunity to fill a large share of this talent gap. Pilot Line Opens in Gujarat Speaking at the inauguration of CG Power’s OSAT (Outsourced Semiconductor […]

International

U.S. Bars Palestinian Officials From UN Visit

By BPN News Desk August 30, 2025

The U.S. State Department, under Secretary of State Marco Rubio, has revoked the visas of Palestinian Authority President Mahmoud Abbas and nearly 80 senior Palestinian officials ahead of the United Nations General Assembly in New York. Officials attached to the Palestinian mission at the U.N. are exempt from the order and will still be able […]

International

Dnipropetrovsk Region Hit by Massive Russian Attack

By BPN News Desk August 30, 2025

Ukraine’s Dnipropetrovsk region came under what officials described as a “massive attack” overnight. Governor Serhiy Lysak confirmed that Russian strikes targeted multiple locations, including the cities of Dnipro and Pavlohrad. Early reports confirmed at least one civilian was killed and 16 people injured, among them two children. Emergency services said several of the