Asia International

Chinese Envoy Highlights Key Understandings from Modi-Xi Meeting

By BPN News Desk October 31, 2024

Following a significant bilateral meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping on the sidelines of the BRICS summit in Russia, Chinese Ambassador to India Xu Feihong stated that “many important understandings” were reached to guide future India-China relations. Xu’s comments come a week after India announced a patrolling agreement

International

Canada Alleges Indian Minister Amit Shah Involved in Plot Against Sikh Separatists

By BPN News Desk October 30, 2024

In a major diplomatic escalation, the Canadian government has accused India’s Home Affairs Minister Amit Shah of involvement in a campaign targeting Sikh separatists in Canada. The allegations, made public during a parliamentary committee hearing, suggest that Shah, a close political ally of Prime Minister Narendra Modi, was linked to plots of violence and

National

Finance Ministry Set to Approve 5-Day Banking Week, Banks to Close on Saturdays

By BPN News Desk October 30, 2024

The Indian banking sector is set to undergo a significant change as the Finance Ministry is expected to approve a 5-day banking week, with banks closed on both Saturdays and Sundays. This move follows an agreement reached between the Indian Banks’ Association (IBA) and bank employee unions, with a proposal to slightly extend daily working […]

Defence National

Govt Seeks ‘Non-Controversial’ Path for Multirole Fighter Jet Acquisition

By BPN News Desk October 30, 2024

The Indian government is exploring a “non-controversial” approach to acquire 114 multirole fighter jets for the Indian Air Force (IAF), aiming to avoid the controversy that surrounded the 2016 Rafale deal. The decision comes after the Rafale acquisition, which faced political scrutiny and required the sharing of confidential details with the Supreme Court to

International

Swiss Companies Eye India as $100 Billion Trade Deal Expands Opportunities

By BPN News Desk October 30, 2024

India is increasingly becoming a top investment destination for Swiss companies like ABB and Kuehne Nagel, thanks to a $100 billion regional trade agreement with the European Free Trade Association (EFTA). Signed in March, the Trade and Economic Partnership Agreement (TEPA) is expected to open new business avenues by reducing tariffs and making India’s growing […]

International

Brazil Declines China’s Belt and Road Initiative After India’s Exit

By BPN News Desk October 30, 2024

In a significant diplomatic move, Brazil has declined to join China’s Belt and Road Initiative (BRI), becoming the second BRICS nation after India to opt out of Beijing’s multi-billion-dollar global infrastructure project. The decision highlights Brazil’s focus on establishing independent partnerships with China, rather than aligning with the broader BRI

International

Russia Invites Indian Airlines to Fly Domestic Routes Amid Sanctions

By BPN News Desk October 30, 2024

Russia, facing aviation challenges due to Western sanctions, has invited Indian airlines to operate domestic routes within its territory. The proposal comes as Russian airlines struggle to meet local demand, restricted by sanctions that limit access to aircraft and essential parts from the U.S. and Europe. Russia’s ‘Cabotage’ Proposal The offer was

Business Finance

Adani Enterprises Q2 Profit Soars 664% YoY to ₹1,742 Crore

By BPN News Desk October 29, 2024

Adani Enterprises (AEL) reported a massive 664% year-on-year (YoY) increase in its consolidated net profit for the second quarter of FY25, soaring to ₹1,742 crore. This represents a significant jump from the ₹228 crore profit posted during the same period last year. Revenue Growth and Fundraising Plans AEL’s revenue from operations during the September quarter […]

National

PM Modi Launches Health Projects Worth ₹12,850 Crore on Ayurveda Day

By BPN News Desk October 29, 2024

Prime Minister Narendra Modi launched a series of healthcare initiatives valued at ₹12,850 crore during the celebration of Dhanvantari Jayanti and the 9th Ayurveda Day at the All India Institute of Ayurveda (AIIA) in New Delhi. These projects aim to strengthen India’s healthcare infrastructure and expand access to essential services across the country. Ayurveda and […]

National

JSW Group, POSCO Sign MoU for Integrated Steel Plant in India

By BPN News Desk October 29, 2024

JSW Group has signed a Memorandum of Understanding (MoU) with South Korea’s POSCO Group to establish an integrated steel plant in India. The plant, which will have an initial production capacity of 5 million tonnes per annum (MTPA), marks a significant collaboration between the two companies in advancing steel production, battery materials, and renewable energy […]