Business Industry

Meta Initiates Layoffs Targeting 5% of Workforce

By BPN News Desk February 10, 2025

Meta Platforms, the parent company of Facebook, has commenced a series of layoffs impacting approximately 5% of its global workforce. This move aligns with CEO Mark Zuckerberg’s strategy to “raise the bar on performance management” by expediting the departure of employees not meeting performance expectations. Implementation of Layoffs The layoffs began on

International

Bangladesh Navy Chief Meets Pakistan Army Chief in Rawalpindi

By BPN News Desk February 10, 2025

In a significant development, Bangladesh’s Chief of Naval Staff, Admiral Mohammad Nazmul Hassan, met with Pakistan’s Army Chief, General Syed Asim Munir Ahmed Shah, in Rawalpindi. This meeting marks the second high-level defense interaction between the two South Asian nations within a month, signaling a potential shift in regional defense dynamics. Focus on

National

PM Modi’s France-US Visit to Strengthen AI and Defense Ties

By BPN News Desk February 10, 2025

Prime Minister Narendra Modi has commenced a significant visit to France and the United States, aiming to bolster cooperation in artificial intelligence (AI), defense, and trade. The trip underscores India’s commitment to enhancing strategic partnerships with key global players. Co-Chairing the AI Action Summit in France In France, Modi will co-chair the AI Action

Defence

Security Forces Neutralize 31 Naxals in Chhattisgarh Operation

By BPN News Desk February 10, 2025

In a major crackdown on Naxal insurgency, security forces in Chhattisgarh have neutralized 31 insurgents in the Bijapur district. The operation, which took place in the dense forests of the Indravati National Park, also resulted in the seizure of a substantial cache of weapons and ammunition. Details of the Operation Acting on credible intelligence regarding […]

North India State News

Security Heightened at Ahmedabad Airport After Bomb Threat

By BPN News Desk February 10, 2025

Security has been intensified at Sardar Patel International Airport in Ahmedabad after authorities discovered a letter containing a bomb threat. The letter, reportedly written by an unidentified individual, warned of an explosion at the airport, prompting immediate action from law enforcement agencies. Discovery of the Threat The threatening letter was found within the

South India State News

CBI Arrests Four in Tirupati Laddu Ghee Adulteration Case

By BPN News Desk February 10, 2025

The Central Bureau of Investigation (CBI) has apprehended four individuals in connection with the alleged adulteration of ghee used in the preparation of the renowned Tirupati Laddu, a sacred offering at the Venkateswara Temple in Andhra Pradesh. The arrested individuals include Pomil Jain and Bipin Jain, former directors of Bhole Baba Dairy in Roorkee, and […]

Economy National

Tariff Concerns Depreciate Rupee; Bonds Track U.S. Inflation

By BPN News Desk February 10, 2025

The Indian rupee has fallen to a new record low, driven by mounting concerns over trade policies and global economic trends. Meanwhile, the Indian bond market is closely monitoring upcoming U.S. inflation data, which could influence interest rate decisions and investor sentiment. Impact of U.S. Tariffs on the Rupee The depreciation of the rupee follows […]

Defence National

Russia Offers R-37M Missile to India with Local Production Rights

By BPN News Desk February 10, 2025

In a strategic move to bolster India’s aerial combat capabilities, Russia has proposed the sale of its advanced R-37M long-range air-to-air missile to India, coupled with the opportunity for local production. This offer was extended during the Aero India 2025 exhibition, reflecting the deepening defense collaboration between the two nations. R-37M Missile Overview

Economy National

Government and RBI Collaborate to Foster Economic Growth

By BPN News Desk February 10, 2025

Finance Minister Nirmala Sitharaman has highlighted the collaborative efforts between the Indian government and the Reserve Bank of India (RBI) to ensure the nation’s economic growth remains on a steady trajectory. She emphasized the importance of affordable interest rates to support industry expansion and capacity building. Government and RBI’s Unified

International

U.S. Announces 25% Tariffs on Steel and Aluminum Imports

By BPN News Desk February 10, 2025

In a significant move to protect domestic industries, the United States has announced the imposition of a 25% tariff on all steel and aluminum imports, effective from Monday. This decision marks a notable escalation in the country’s trade policy, reflecting a commitment to revamping the U.S. trade system. Scope and Implementation of the Tariffs The […]