Business Industry

Hindenburg Founder Slams Mossad Link to Adani Report as ‘Absurd’

By BPN News Desk April 26, 2025

In a sharp response to recent allegations, Hindenburg Research founder Nate Anderson dismissed suggestions that Israel’s Mossad agency was involved in compiling their report on the Adani Group. Addressing the claims directly, Anderson called them “absurd” and likened them to a “James Bond fantasy.” The controversy stems from recent narratives pushed

Business Industry

Mossad Uncovers Network Behind Adani Targeting

By BPN News Desk April 24, 2025

In a startling claim, fact-checker Vijay Patel has alleged that Israeli intelligence agency Mossad uncovered a sophisticated international network aimed at discrediting the Adani Group and undermining India’s economic interests. According to Patel, the operation began after Adani Group Chairman Gautam Adani visited Israel on January 31, 2023, to finalize the $1.2 billion

Business Industry

JSW Energy Launches ₹16,000 Cr Salboni Power Plant and Industrial Park

By BPN News Desk April 22, 2025

JSW Energy has officially commenced construction of a 1,600 MW ultra-supercritical thermal power plant in Salboni, Paschim Medinipur district, West Bengal. This ₹16,000 crore project, comprising two units of 800 MW each, represents the company’s largest greenfield initiative to date and the most significant private-sector thermal power project in the state.​ The

Business Industry

Tata’s Assam Semiconductor Plant to Roll Out India’s First Indigenous Chip by 2025

By BPN News Desk April 20, 2025

India is on the brink of a major technological breakthrough with the announcement that its first-ever indigenous semiconductor chip will roll out by the end of 2025. This landmark development will take place at Tata Electronics’ upcoming semiconductor assembly and test facility in Jagiroad, Assam. With an estimated investment of ₹27,000 crore, the project is […]

Business Industry

PM Modi Calls Elon Musk, Reaffirms Push for U.S.-India Tech Ties

By BPN News Desk April 18, 2025

Prime Minister Narendra Modi held a telephonic conversation with billionaire entrepreneur Elon Musk, reaffirming India’s commitment to deepening partnerships with the United States in cutting-edge sectors such as electric vehicles, renewable energy, and space technology. The call comes at a time when India is actively courting major tech investors as part of its broader

Business Industry

India’s Cotton Panel Recommends Removing 11% Import Duty

By BPN News Desk April 17, 2025

India’s cotton advisory panel has recommended scrapping the 11% import duty on cotton in a move aimed at boosting the global competitiveness of Indian textile mills and supporting the import of Extra-Long Staple (ELS) cotton essential for high-quality fabric production. Background: Industry Burdened by Duty The 11% import levy, introduced in February 2021 to support […]

Business Industry

Shein-Reliance Sourcing Deal Faces Setback Amid US-China Trade Tensions

By BPN News Desk April 15, 2025

The ambitious partnership between Chinese fast-fashion giant Shein and Reliance Retail to establish India as a major global sourcing hub is facing serious headwinds due to rising trade tensions between the United States and China. The deal, which was expected to integrate thousands of Indian micro, small, and medium enterprises (MSMEs) into Shein’s global supply […]

Business Industry

India’s Electronics Manufacturing Value Addition Surges to 70%, Projected to Reach 90% by FY27

By BPN News Desk April 12, 2025

India’s electronics manufacturing sector is witnessing unprecedented growth, with value addition climbing from just 30% to 70% over the past few years. The sector is now poised to reach 90% value addition by the fiscal year 2026-27 (FY27), signaling a major leap toward self-reliance and global competitiveness. This remarkable progress is being driven by robust […]

Business Industry

Gold Prices Hit Record High as Investors Flee to Safe-Haven Assets

By BPN News Desk April 11, 2025

Gold prices have surged to an all-time high, soaring past $3,200 per ounce as investors flee to safe-haven assets amid heightened global uncertainty. The dramatic spike comes in the wake of escalating trade tensions, sharp equity sell-offs, and widespread market anxiety triggered by policy unpredictability and currency fluctuations. The surge in gold prices follows a […]

Business Industry

Tata’s ₹27,000 Crore Semiconductor Investment in Assam Highlights Northeast’s Growth Potential

By BPN News Desk April 8, 2025

At the News18 Rising Bharat Summit 2025, Union Minister for Communications and Development of North Eastern Region, Jyotiraditya Scindia, lauded Tata’s decision to invest ₹27,000 crore in establishing a semiconductor assembly and test facility in Assam. He noted that this investment not only underscores the region’s industrial potential but also aligns with the