Economy National

RBI’s $77.5 Billion Short Dollar Position May Impact Liquidity

By BPN News Desk March 6, 2025

The Reserve Bank of India (RBI) has reported a net short dollar position of $77.5 billion as of January 31, 2025. This substantial forward dollar sale has raised concerns over its potential impact on rupee liquidity and the adequacy of India’s foreign exchange reserves. Possible Effects on Rupee Liquidity The RBI’s short dollar positions are […]

Industry

Indian Exporters Push for Import Duty Cuts Amid US Tariffs

By BPN News Desk March 6, 2025

Indian exporters are urging the government to reduce import duties on select goods from the United States in response to the recently imposed 25% tariff on steel and aluminum imports by the US. The move aims to offset the financial strain on small and medium-sized engineering goods exporters, who are expected to face significant challenges […]

National

Jaishankar: PoK Vacating Key to Resolving Kashmir Issue

By BPN News Desk March 6, 2025

External Affairs Minister (EAM) S. Jaishankar has reiterated India’s firm position that the resolution of the Kashmir issue depends on Pakistan vacating Pakistan-occupied Kashmir (PoK). His remarks emphasize India’s longstanding stance on territorial integrity and sovereignty while addressing concerns over cross-border terrorism. Jaishankar’s Stand on PoK

International

South Korean Fighter Jet Accidentally Drops Bombs on Civilians

By BPN News Desk March 6, 2025

A South Korean Air Force KF-16 fighter jet accidentally released multiple bombs over a civilian area during a military exercise, causing injuries and significant damage to infrastructure. The incident has raised serious concerns about safety measures in military drills conducted near populated areas. Accidental Bomb Release During Military Exercise The accident occurred

Technology Telecom

Satellite Internet Services Set to Launch in India by June 2025

By BPN News Desk March 6, 2025

India is set to introduce satellite internet services by June 2025, marking a major step in expanding broadband connectivity across the country. The Telecom Regulatory Authority of India (TRAI) is in the process of finalizing its recommendations on spectrum allocation, licensing, and pricing frameworks, which will pave the way for the official rollout of satellite-based

Defence National

India to Procure 114 Fighter Jets to Strengthen IAF Fleet

By BPN News Desk March 6, 2025

India is set to initiate the procurement of 114 multirole fighter aircraft (MRFA) to bolster the Indian Air Force’s (IAF) combat capabilities. This move comes as the IAF faces a shortfall in squadron strength, necessitating urgent reinforcements to maintain operational readiness. IAF’s Need for Fighter Jets The IAF currently operates with 31 fighter squadrons,

Defence National

DRDO Successfully Tests Indigenous Oxygen System for LCA Tejas

By BPN News Desk March 6, 2025

The Defence Research and Development Organisation (DRDO) has successfully conducted high-altitude trials of the Indigenous Integrated Life Support System (ILSS) for the Light Combat Aircraft (LCA) Tejas. This technological advancement is a major step in India’s efforts toward self-reliance in aerospace defense and will significantly improve pilot safety during

Economy National

RBI to Inject ₹1 Lakh Crore via OMOs, Plans $10 Billion Swap

By BPN News Desk March 6, 2025

The Reserve Bank of India (RBI) has announced a series of liquidity measures to stabilize the financial system, including Open Market Operations (OMOs) and a foreign exchange (forex) swap auction. These steps aim to address liquidity concerns and maintain a smooth flow of credit in the economy. RBI to Infuse ₹1 Lakh Crore via OMOs […]

Automobile Cars

US Pushes for Zero Tariffs on Car Imports as Tesla Eyes India

By BPN News Desk March 6, 2025

The United States is in discussions with India to remove tariffs on car imports, aiming to create a more favorable market for American automotive companies, particularly Tesla. This move is part of broader trade negotiations aimed at strengthening economic ties between the two nations. Impact of Tariffs on Car Imports India currently imposes high import […]

Cricket Sports

Mohammed Shami Urges ICC to Lift Saliva Ban for Reverse Swing

By BPN News Desk March 6, 2025

Indian fast bowler Mohammed Shami has urged the International Cricket Council (ICC) to reconsider the ban on using saliva to shine the cricket ball. He emphasized that the restriction, initially introduced as a COVID-19 precaution, has made it increasingly difficult for pacers to achieve reverse swing, a crucial skill in the game. Impact of Saliva […]