Business Finance

UPI Set to Surpass Visa in Daily Transactions

By BPN News Desk June 4, 2025

India’s Unified Payments Interface (UPI) is on the brink of overtaking global financial giant Visa in terms of daily transaction volumes, marking a transformative moment in the global digital payments landscape. On June 1 and 2, UPI processed 644 million and 650 million transactions respectively, pushing it within striking distance of Visa’s global daily average […]

International

Australia Unearths $6 Trillion Iron Ore Mega Deposit

By BPN News Desk June 4, 2025

In a discovery of unprecedented scale, Australia has uncovered what is now considered the world’s largest iron ore deposit. Located in the mineral-rich Hamersley region of Western Australia, the deposit is estimated to contain a staggering 55 billion metric tons of high-grade iron ore, valued at nearly $6 trillion based on current market prices. This […]

Business Industry

India’s Chip Sector Grows with $21B Investment Pipeline

By BPN News Desk June 4, 2025

India’s semiconductor manufacturing ambitions are finally materializing, with over $21 billion already committed to establishing a solid foundation in Assembly, Testing, Marking, and Packaging (ATMP) and Outsourced Semiconductor Assembly and Test (OSAT) segments. The focus is clear: to secure India’s place in the global chip supply chain while reducing import dependence.

International

Ex-Afghan VP Slams IMF, World Bank Aid to Pakistan

By BPN News Desk June 4, 2025

Former Afghan Vice President Amrullah Saleh has issued a strong rebuke of the continued financial assistance provided to Pakistan by leading global financial institutions. He questioned the rationale behind offering economic relief to a country he accuses of consistently undermining regional peace and stability. In a sharply worded statement, Saleh referred to Pakistan’s

Economy National

FPIs Pull ₹25,544 Cr from G-Secs Despite Index Inclusion

By BPN News Desk June 4, 2025

Foreign Portfolio Investors (FPIs) have withdrawn ₹25,544 crore from Indian government securities under the Fully Accessible Route (FAR) in the first quarter of FY26. This sharp sell-off comes at a time when Indian bonds are gaining recognition globally through their inclusion in key emerging market bond indices. The withdrawal marks the first major outflow since […]

Law & Order National

Supreme Court Cancels Bail of TMC Workers Over Post-Poll Assault

By BPN News Desk June 4, 2025

In a significant ruling, the Supreme Court of India has revoked the bail granted to six Trinamool Congress (TMC) workers accused of launching a violent assault on a family aligned with the Bharatiya Janata Party (BJP) during the 2021 West Bengal assembly elections. The apex court described the act as an intentional attempt to punish […]

Business Industry

Chinese Smartphone Firms Ramp Up Indian Manufacturing

By BPN News Desk June 4, 2025

Chinese smartphone brands operating in India are rapidly increasing local production by partnering with Indian contract manufacturers such as Dixon Technologies and Bhagwati Products (Micromax). This strategic realignment comes amid growing regulatory scrutiny and a quiet push by the Indian government to localize more value addition. Although these Chinese brands already

Defence National

Reliance Infra Achieves Milestone in Indigenous 155mm Shells

By BPN News Desk June 4, 2025

Reliance Infrastructure has become the first private Indian company to successfully design and develop next-generation 155mm artillery ammunition. This achievement is a major milestone in India’s efforts to build self-reliant defense capabilities and reduce dependence on imports. The project was developed under the Design-cum-Production Partner (DcPP) initiative, in

Breaking Down The News Opinion

Breaking Down the News: Chinese Nationals Charged for Smuggling Dangerous Crop Fungus Into U.S.

By BPN News Desk June 4, 2025

In a development with potential national security and agricultural implications, two Chinese nationals have been charged by the United States Department of Justice for allegedly smuggling a dangerous biological pathogen into the country. The pathogen, Fusarium graminearum, is a toxic fungus known to cause “head blight” in cereal crops such as wheat, barley, maize, and […]

Law & Order National

CJI Gavai Urges Judges to Avoid Post-Retirement Government Roles

By BPN News Desk June 4, 2025

Chief Justice of India (CJI) Bhushan R. Gavai has issued a strong caution to members of the judiciary, advising them to refrain from accepting government positions or contesting elections immediately after retirement. According to him, such moves could seriously damage the credibility and neutrality of the judiciary in the eyes of the public. Addressing a […]