Industry

Supreme Court Orders ED to Transfer Bhushan Power & Steel Assets to JSW Steel

By BPN News Desk December 14, 2024

The Supreme Court has directed the Enforcement Directorate (ED) to transfer Bhushan Power & Steel Limited (BPSL) assets worth ₹4,025 crore to JSW Steel, putting an end to a prolonged dispute. This decision clears the path for JSW Steel to assume complete ownership of the bankrupt company’s properties. Final Settlement of Ownership The apex court […]

Telecom

Satellite Spectrum to Be Allocated Through Auctions: Scindia

By BPN News Desk December 14, 2024

Union Minister for Communications and IT, Jyotiraditya Scindia, announced a significant policy shift in satellite spectrum allocation. The government has decided to abandon the first-come-first-serve model and instead opt for an auction-based system to ensure transparency and fairness in the process. Transition to Auction Model Speaking at an industry event, Scindia

Economy National

UPI Processes ₹223 Lakh Crore Transactions in 2023

By BPN News Desk December 14, 2024

Unified Payments Interface (UPI), India’s flagship digital payment platform, recorded an impressive 15,547 crore transactions worth ₹223 lakh crore between January and November 2023. The National Payments Corporation of India (NPCI) revealed these numbers, showcasing the rapid adoption and growth of digital payments in the country. Monthly Transaction Milestones UPI

Economy National

Sensex Surges to 2-Month High Amid Strong FPI Buying

By BPN News Desk December 14, 2024

India’s benchmark stock index, the Sensex, surged over 2,000 points during Friday’s trading session, closing at a two-month high. The rally was fueled by strong foreign portfolio investor (FPI) activity, robust economic indicators, and a positive global sentiment. FPI Buying Drives Market Optimism Foreign portfolio investors played a key role in the market’s remarkable

International

Kremlin Supports Trump’s Weapon Stance, Aligns With Putin

By BPN News Desk December 14, 2024

The Kremlin has responded positively to former US President Donald Trump’s recent remarks on weapon usage and global arms policies, highlighting a potential alignment with Russian President Vladimir Putin’s geopolitical stance. Trump’s comments, which have drawn both praise and criticism, underline his approach to arms control and military interventions. Kremlin Welcomes

International

South Korean President Faces Impeachment Vote for the Second Time

By BPN News Desk December 14, 2024

South Korean President Yoon Suk Yeol is once again at the center of political turmoil as he faces a second impeachment vote. This development follows mounting criticism of his leadership, which has been marked by controversial policies and decisions that have polarized public opinion and intensified political unrest in the country. The impeachment motion was […]

National

Priyanka Gandhi Criticizes BJP and RSS in Fiery Debut Speech

By BPN News Desk December 14, 2024

In a highly charged debut political speech, Congress General Secretary Priyanka Gandhi Vadra criticized the Bharatiya Janata Party (BJP) and the Rashtriya Swayamsevak Sangh (RSS), accusing them of undermining the Indian Constitution. Addressing a gathering in Bhopal, Gandhi emphasized the importance of safeguarding constitutional values and cautioned against what she

International

India Refutes Claims of Visa Restrictions on Canadian Sikhs

By BPN News Desk December 14, 2024

The Indian government has dismissed claims of imposing visa restrictions on Canadian Sikhs, terming the allegations as “baseless” and “not true.” Responding to reports circulating in the media, a government official clarified that no specific community is being targeted for visa denials and that the visa application process remains open and fair for

International

Trump Calls for End to Daylight Saving Time, Citing Costs

By BPN News Desk December 14, 2024

Former U.S. President Donald Trump has announced his plan to end the long-debated practice of daylight saving time (DST), calling it an outdated and “very costly” system that affects the economy and public productivity. Speaking at a recent rally, Trump criticized the biannual clock changes and vowed to prioritize the issue should he regain the […]

North India State News

PM Modi Hails Maha Kumbh 2025 as Symbol of Unity

By BPN News Desk December 14, 2024

Prime Minister Narendra Modi has hailed the upcoming Maha Kumbh 2025 as a monumental event that will symbolize the spirit of unity and cultural richness in India. Speaking on Wednesday, PM Modi emphasized the importance of the Maha Kumbh not only as a religious gathering but also as a platform to strengthen national unity and […]