State News West India

Maharashtra’s Poll Promises May Cost ₹35,000 Crore

By BPN News Desk November 27, 2024

Maharashtra’s upcoming fiscal budget may face a significant strain as poll promises made by political parties are estimated to cost over ₹35,000 crore. This surge in expenditure could have substantial implications for the state’s financial health, according to a Moneycontrol analysis. Fiscal Challenges Ahead The analysis highlights that the additional outlay stems

International

Russia Considers India as Hub for Train Manufacturing

By BPN News Desk November 27, 2024

Russia is eyeing India as a potential hub for manufacturing trains and exporting them to global markets, highlighting the growing collaboration between the two nations in the railway sector. Boosting Railway Cooperation Russian officials have proposed India as a strategic center for producing train components and assembling advanced rail systems. The plan aims to leverage

Technology Telecom

Satellite-Enabled Smartphones Pose Challenges for Telecom Giants

By BPN News Desk November 27, 2024

The advent of smartphones connecting directly to satellites has sparked discussions about the future of traditional mobile towers and their impact on the telecom industry. Industry leaders Mukesh Ambani of Reliance Jio and Sunil Mittal of Bharti Airtel face potential disruption as companies like SpaceX, with Elon Musk’s Starlink project, push satellite-based

Economy National

RBI’s Gold Buying Bolsters India’s Forex Reserves

By BPN News Desk November 26, 2024

The Reserve Bank of India (RBI) has been ramping up its gold purchases, significantly boosting the country’s foreign exchange reserves. This strategic move reflects India’s efforts to enhance economic stability amid global uncertainties. Enhancing Reserve Security with Gold Amid fluctuating global market conditions, gold remains a safe-haven asset, offering stability

International

India Expands CBDC Payments to New BRICS Nations

By BPN News Desk November 26, 2024

India has expanded its Central Bank Digital Currency (CBDC) payment infrastructure to include additional BRICS nations, marking a significant milestone in cross-border digital transactions. The move underscores India’s leadership in digital financial innovations and its commitment to enhancing global financial inclusion. Boosting Financial Connectivity Among BRICS Nations

Economy National

India Shines in Emerging Markets with Strong Export Growth

By BPN News Desk November 26, 2024

India has emerged as a standout performer among emerging markets, driven by robust export growth and resilient economic indicators, according to the latest Emerging Markets Tracker. The country’s strong performance highlights its economic stability and recovery momentum amid global uncertainties. Export Growth Boosts India’s Economic Momentum India’s export growth remains

Defence National

India Evaluates Russia’s Offer of Tu-160M Strategic Bombers

By BPN News Desk November 26, 2024

India is reportedly evaluating Russia’s proposal to supply Tu-160M strategic bombers, also known as the “White Swan,” to enhance its long-range strike capabilities. The move reflects India’s ongoing efforts to bolster its strategic deterrence and align its defense infrastructure with evolving global security dynamics. A Powerful Strategic Asset The Tupolev

National

India’s Milk Output Rises 4% to 239.3 Million Tonnes in 2023-24

By BPN News Desk November 26, 2024

India’s milk production recorded a 4% increase, reaching 239.3 million tonnes in the financial year 2023-24, as per Union Minister Parshottam Rupala. The Union Minister for Fisheries, Animal Husbandry, and Dairying attributed the growth to the government’s initiatives in bolstering the dairy sector, which continues to play a vital role in the rural economy. Steady […]

National

Fake ₹500 Notes Surge by 317% in 5 Years: Finance Ministry

By BPN News Desk November 26, 2024

The Finance Ministry has revealed a significant surge in the circulation of fake ₹500 notes, with a staggering 317% increase over the last five years. The alarming data highlights growing challenges in curbing counterfeit currency in India, despite ongoing measures by the government and Reserve Bank of India (RBI). Counterfeit ₹500 Notes on the Rise […]

National

Supreme Court Dismisses Plea for Paper Ballots, Backs EVM Reliability

By BPN News Desk November 26, 2024

The Supreme Court of India has dismissed a petition seeking the reintroduction of paper ballots in elections, reaffirming the security and reliability of electronic voting machines (EVMs). The bench, led by Chief Justice DY Chandrachud, emphasized that the Election Commission of India (ECI) has robust measures in place to prevent tampering. “EVMs Not Tampered When