International

India Grants FPI Rule Exemption to Saudi Sovereign Fund

By BPN News Desk May 31, 2025

In a landmark policy adjustment aimed at deepening strategic investment ties, India is set to exempt Saudi Arabia’s Public Investment Fund (PIF) from the conventional foreign portfolio investment (FPI) rules. This exemption will allow PIF’s multiple subsidiaries to independently invest in Indian companies without being subjected to the 10% aggregate cap typically

Business Markets

SEBI Bans Actor Arshad Warsi, 58 Others from Securities Markets

By BPN News Desk May 30, 2025

The Securities and Exchange Board of India (SEBI) has issued market bans ranging from one to five years against 59 individuals, including actor Arshad Warsi, his wife Maria Goretti, and several social media influencers. The penalties stem from a large-scale manipulation scheme involving Sadhna Broadcast Ltd (now renamed Crystal Business System Ltd). Warsi and Goretti […]

Business Industry

Apple Ships 2.9 Million iPhones from India Despite U.S. Tariff Pressure

By BPN News Desk May 30, 2025

Apple exported 2.9 million iPhones from India to the United States in April 2025 alone, marking a 76% year-on-year growth. This milestone reflects the tech giant’s accelerating shift in global supply chains, increasingly relying on India as a manufacturing base amid U.S.-China trade tensions and geopolitical uncertainty. The April export figure is Apple’s highest monthly

National Politics

Revanth Reddy Questions Rafale Losses; BJP Hits Back

By BPN News Desk May 30, 2025

Telangana Chief Minister A Revanth Reddy triggered a political firestorm by questioning Prime Minister Narendra Modi on how many Rafale fighter jets India lost during Operation Sindoor. Speaking at the ‘Jai Hind’ rally in Hyderabad, Reddy raised concerns about transparency surrounding the operation and demanded an official disclosure of losses. Reddy also criticized the

Government Policies National

Govt Frees Up Doordarshan, AIR, PIB Archives for Creators

By BPN News Desk May 30, 2025

In a major relief for India’s digital content creators, the Government of India has made the media archives of Doordarshan, All India Radio (Akashvani), and the Press Information Bureau (PIB) freely accessible for public use. This move follows rising concern over copyright strikes issued by private news agency ANI against independent YouTubers and creators. The […]

International

Shehbaz Sharif Admits Indian BrahMos Strikes Preempted Pakistan’s Response

By BPN News Desk May 30, 2025

In a significant and rare public admission, Pakistan’s Prime Minister Shehbaz Sharif confirmed that Indian BrahMos missile strikes launched on the night of May 9-10 preempted a planned Pakistani military response. Addressing a summit in Azerbaijan, Sharif stated that the Pakistani military was ready to act at 4:30 AM after the Fajr prayers but was […]

Infrastructure National

NH-66 Collapse in Malappuram Triggers Nationwide Safety Audit

By BPN News Desk May 30, 2025

A serious infrastructure failure occurred on May 19, 2025, when a section of the under-construction National Highway 66 (NH-66) at Kooriyad in Malappuram district, Kerala, collapsed. The incident involved the sudden failure of a reinforced earth (RE) wall and embankment, part of a major widening project being executed by the National Highways Authority of India […]

Cricket Sports

Ponting Backs Arshdeep Singh for Test Debut in England

By BPN News Desk May 30, 2025

Former Australian captain and Punjab Kings coach Ricky Ponting has thrown his weight behind left-arm pacer Arshdeep Singh, recommending his inclusion in India’s playing XI for the first Test against England. Scheduled to begin on June 20, 2025, at Headingley, the match marks the start of a crucial five-match Test series for India on English […]

Uncategorized

UN to Cut 6,900 Jobs Amid $740M Budget Shortfall

By BPN News Desk May 30, 2025

The United Nations is set to lay off approximately 6,900 employees starting January 2026, marking one of the most significant workforce reductions in its history. The downsizing is part of a broader plan to slash the global body’s $3.7 billion operational budget by 20%, equivalent to around $740 million. The move is a direct response […]

International

Elon Musk Exits DOGE, Trump Says “He Will Always Be With Us”

By BPN News Desk May 30, 2025

Elon Musk has officially concluded his 130-day tenure at the Department of Government Efficiency (DOGE), a body created by the Trump administration to streamline federal operations. His exit came as per the legal limit for his appointment as a “Special Government Employee.” Musk’s time in office was marked by sweeping cost-cutting measures, including mass layoffs