National

India Records $9.8 Billion in Losses from Natural Disasters

By BPN News Desk January 15, 2025

India faced economic losses amounting to $9.8 billion in 2024 due to natural disasters, underlining the significant financial burden posed by climate-related catastrophes. A combination of cyclones, floods, droughts, and heatwaves contributed to the extensive damages, affecting infrastructure, agriculture, and livelihoods. Natural Disasters in 2024: A Costly Toll The year

Defence National

Indian Army Eyes March Deadline for ATAGS Deal

By BPN News Desk January 15, 2025

The Indian Army is expected to finalize a landmark deal for 307 Advanced Towed Artillery Gun Systems (ATAGS) by March 2025. This procurement is a significant step in bolstering India’s indigenous defense manufacturing and enhancing the Army’s artillery capabilities. Indigenous Artillery to Strengthen Capabilities The ATAGS, developed under the ‘Make in India’ initiative,

Business

Meta to Lay Off 3,600 Employees Amid Restructuring

By BPN News Desk January 15, 2025

Meta, the parent company of Facebook, Instagram, and WhatsApp, has announced its decision to lay off 3,600 employees as part of an ongoing workforce restructuring initiative. The move aligns with CEO Mark Zuckerberg’s vision to streamline operations and improve organizational efficiency. Zuckerberg Focuses on “Raising the Bar” In a statement addressing the

State News

Manipur CM Highlights Fragility Without BJP Leadership

By BPN News Desk January 15, 2025

Manipur Chief Minister N. Biren Singh has expressed serious concerns about the state’s stability in the absence of Bharatiya Janata Party (BJP) governance. He emphasized the critical role of his party in maintaining unity and addressing the pressing issues facing the state. Criticism of Congress Representation The Chief Minister also criticized Congress Members of

State News

MHA Approves Prosecution of Arvind Kejriwal in Excise Policy Case

By BPN News Desk January 15, 2025

The Ministry of Home Affairs (MHA) has granted the Enforcement Directorate (ED) approval to prosecute Delhi Chief Minister Arvind Kejriwal in connection with the excise policy case. This development adds a significant dimension to the ongoing investigation into alleged irregularities in the now-scrapped Delhi excise policy. Legal Green Light for ED The MHA’s sanction

Finance

Government Pushes for Geotagging of Banking Correspondents

By BPN News Desk January 15, 2025

The Ministry of Finance is exploring a proposal to implement geotagging for all banking correspondents (BCs) across the country. This initiative aims to enhance the efficiency of financial inclusion efforts, ensuring better access to banking services in underserved areas. Enhancing Financial Inclusion Geotagging involves attaching geographical information to the locations

State News

RSS Chief Declares Ram Temple Consecration India’s True Independence

By BPN News Desk January 15, 2025

Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat has described the consecration of the Ram Temple in Ayodhya as the true moment of independence for India. Speaking at a gathering, Bhagwat emphasized the cultural and spiritual significance of the event, highlighting it as a defining milestone in the nation’s journey of self-realization and pride. Ram Temple […]

Finance

Experts Recommend RBI Rate Cut to Sustain Growth

By BPN News Desk January 14, 2025

Economic experts are calling on the Reserve Bank of India (RBI) to implement a 0.25% rate cut in its upcoming February policy review to bolster economic growth and minimize potential sacrifices in India’s recovery momentum. Growth Risks from Delayed Rate Cuts India’s economy has shown resilience amidst global uncertainties, but experts caution that delaying a […]

Industry

Indian Cement Industry: A Leader in Sustainability and Growth

By BPN News Desk January 14, 2025

The Indian cement industry is emerging as a key player in driving sustainable and positive change in both environmental and economic spheres. With a focus on adopting green practices, technological advancements, and innovation, the industry is setting new benchmarks for growth and sustainability. Sustainability Initiatives at the Forefront As one of the largest cement

Government Policies National

ED Launches Investigation into Torres Ponzi Scheme

By BPN News Desk January 14, 2025

The Enforcement Directorate (ED) has registered a money laundering case in connection with the alleged Torres Ponzi scheme, which reportedly defrauded numerous investors across India. The financial scandal has drawn widespread attention due to its scale and the number of people affected. Allegations of Massive Fraud The Torres scheme is alleged to have promised high […]