International

U.S. Fires DIA Director After Iran Strike Report Leak

By BPN News Desk August 23, 2025

Defense Secretary Pete Hegseth has dismissed Lt. Gen. Jeffrey Kruse from his position as Director of the Defense Intelligence Agency (DIA). The Pentagon cited a “loss of confidence” in Kruse’s leadership. His deputy, Christine Bordine, has been appointed Acting Director until a permanent replacement is named. Dispute Over Iran Strike Assessment Kruse’s removal follows

International

Canada Drops Most Tariffs on U.S. Goods

By BPN News Desk August 23, 2025

On August 22, 2025, Canadian Prime Minister Mark Carney confirmed that Canada will remove most of its retaliatory tariffs on U.S. goods. The rollback will take effect from September 1 and is aimed at reducing tensions with Washington after months of trade friction. Focus on USMCA-Compliant Items The tariff removal applies to U.S. goods covered […]

Business

US Converts Grants for 9.9% Intel Stake

By BPN News Desk August 23, 2025

President Donald Trump confirmed that the U.S. government has acquired a 9.9% equity stake in Intel. The move comes after federal grants allocated under the CHIPS and Secure Enclave programs were converted into ownership shares. The government will pay about $8.9 billion for 433.3 million shares at $20.47 each. Share Value and Market Impact The […]

International

Trump Nominates Sergio Gor as U.S. Ambassador to India

By BPN News Desk August 23, 2025

On August 22, 2025, U.S. President Donald Trump nominated Sergio Gor, currently director of the White House Presidential Personnel Office, to be the next U.S. Ambassador to India. Gor will also serve as Special Envoy for South and Central Asian Affairs once confirmed. Until then, he will continue in his present role. Trump’s Praise for […]

Business Finance

GST Council to Meet Sept 3–4 on Two-Slab Reform

By BPN News Desk August 23, 2025

The 56th GST Council meeting will be held on September 3 and 4, 2025, in New Delhi. Both sessions will begin at 11 a.m., while a preparatory officers’ meeting is scheduled for September 2. Proposal for Two Main Slabs The Centre is expected to present a proposal to reduce the goods and services tax (GST) […]

International

Trump Warns Russia of Sanctions If Ukraine Talks Fail

By BPN News Desk August 23, 2025

U.S. President Donald Trump has warned Russia that “massive” sanctions or tariffs will be imposed if no progress is made on Ukraine peace talks within the next two weeks. Speaking after a series of high-level meetings, Trump said the coming days will determine “which way it’s going” for the conflict. Frustration After Alaska Summit The […]

Defence National

India Targets 5th-Gen Fighter Jets with Domestic Engines

By BPN News Desk August 22, 2025

At the Economic Times World Leaders Forum in Delhi, Defence Minister Rajnath Singh hailed the Tejas light combat aircraft as a landmark achievement in India’s indigenous defence capabilities. He affirmed India’s resolve to address development challenges and build advanced combat aircraft domestically. AMCA and Home-Built Engines in Focus Singh confirmed that India is

International

Ukraine Hits Oil Pipeline Supplying Hungary, Slovakia

By BPN News Desk August 22, 2025

On August 22, 2025, Ukrainian forces struck the Unecha oil pumping station in Russia’s Bryansk region, part of the Druzhba pipeline network. The facility is a key link for transporting Russian crude to Central Europe. The attack, carried out using drones and rockets, triggered a major fire and forced oil flows to be halted. Impact […]

International

Modi, Putin to Join SCO Summit in Tianjin Confirms China

By BPN News Desk August 22, 2025

The 25th Shanghai Cooperation Organisation (SCO) Summit will take place in Tianjin, China, from August 31 to September 1, 2025. The summit will be chaired by Chinese President Xi Jinping and will be the fifth time China has hosted the event. Leaders Expected to Attend More than 20 world leaders are set to participate in […]

Business

OpenAI to Open First India Office in New Delhi

By BPN News Desk August 22, 2025

OpenAI, the company behind ChatGPT, will open its first office in India later this year. The office will be located in New Delhi and is expected to begin operations before the end of 2025. The move highlights India’s importance as OpenAI’s second-largest market globally and a key hub for technology growth. Local Entity and Hiring […]