International

Two Chinese Nationals Charged for Recruiting U.S. Military Spies for Beijing

By BPN News Desk July 2, 2025

U.S. law enforcement has arrested and charged two Chinese nationals in a high-profile espionage case involving an alleged scheme to recruit military personnel as spies. The accused, who lived in the U.S. under false documents, allegedly attempted to cultivate sources close to the U.S. military to pass secret information to Beijing. Espionage Allegations Both

Law & Order National

SC Mandates SC/ST Reservation in Supreme Court Staff Recruitment

By BPN News Desk July 2, 2025

In a landmark judgment on July 1, 2025, the Supreme Court of India directed that SC/ST reservation norms must be implemented in staff recruitment processes within the Supreme Court registry. This decision marks a major stride toward inclusivity and affirmative action at the highest levels of the judiciary, ensuring proportional representation for historically disadvantaged

Economy National

RBI Fixes ₹9,628 Price for Gold Bonds; Returns Soar to 240%

By BPN News Desk July 2, 2025

The Reserve Bank of India (RBI) has fixed a redemption price of ₹9,628 per gram for two tranches of Sovereign Gold Bonds (SGBs) – the 2017–18 Series XIV and the 2018–19 Series IV – that are eligible for premature redemption as of July 1, 2025. This substantial payout marks one of the highest returns for […]

Defence National

Tejas Mk1A to Use Uttam Radar from 41st Jet Onwards

By BPN News Desk July 2, 2025

DRDO Chairman Dr. Samir V. Kamat has officially confirmed that India’s homegrown Uttam Active Electronically Scanned Array (AESA) radar will be integrated into the Tejas Mk1A fighter jets starting from the 41st aircraft. This announcement clarifies recent confusion over whether Israeli radar systems would be used throughout the entire production run. Tejas Radar The

International

IMF Releases $500 Million to Ukraine After Review Clearance

By BPN News Desk July 2, 2025

The International Monetary Fund has approved a $500 million disbursement to Ukraine following the successful completion of the eighth review under its $15.5 billion Extended Fund Facility (EFF). With this, total disbursements under the programme now stand at $10.6 billion, bolstering Ukraine’s macroeconomic stability amid continued war-time challenges. IMF Ukraine The

Government Policies National

Cabinet Approves ₹1.07 Lakh Cr Job Scheme and ₹1 Lakh Cr R&D Push

By BPN News Desk July 2, 2025

In a major economic policy boost, the Union Cabinet on July 1 approved two high-impact schemes aimed at employment generation and technological innovation. The decisions include a ₹1.07 lakh crore Employment Linked Incentive (ELI) Scheme to create formal jobs, and a ₹1 lakh crore Research, Development and Innovation (RDI) scheme focused on deep-tech and sunrise […]

Defence National

India Seeks Faster Delivery of GE F404 Engines for Tejas Jets

By BPN News Desk July 2, 2025

India has formally requested the United States to expedite the delivery of GE F404-IN20 engines, a critical component for the Light Combat Aircraft (LCA) Tejas Mk‑1 and Mk‑1A fleets. The appeal was made by Defence Minister Rajnath Singh during high-level talks with U.S. Secretary of Defense Pete Hegseth, amid growing concerns over production bottlenecks caused […]

Business Industry

India Halves Chinese Steel Imports as Safeguard Duties Hit Hard

By BPN News Desk July 2, 2025

India’s steel import strategy has taken a sharp protectionist turn with the imposition of safeguard duties that have already led to a dramatic reduction in inflows from key foreign suppliers. In particular, Chinese steel imports have fallen by nearly 50% compared to the previous month, while shipments from Vietnam have become negligible. The move follows […]

Environment Green Energy

India Ends Key Renewable Energy Subsidy, Raising Project Costs

By BPN News Desk July 2, 2025

The Indian government has officially ended a major subsidy that exempted solar and wind energy projects from inter-state transmission system (ISTS) charges. As of July 1, all new renewable energy projects will now be required to pay 25% of these costs, with charges set to progressively increase for projects commissioned in future years. The move […]

South India State News

BJP MPs Walk Out of Panel Meeting Over Medha Patkar Invite

By BPN News Desk July 2, 2025

Tensions flared in Parliament on July 1 after BJP members of the Standing Committee on Rural Development and Panchayati Raj walked out of a scheduled meeting to protest the summoning of activist Medha Patkar and actor Prakash Raj. The mass exit led to the cancellation of the session due to lack of quorum, stalling deliberations […]