Crude Oil Reserves Discovered on Freedom Fighter’s Land in Uttar Pradesh

By BPN News Desk March 27, 2025

Business Industry Markets

A significant discovery of crude oil reserves has been made in Ballia district, Uttar Pradesh, on land owned by the family of freedom fighter Chittu Pandey. This find follows a three-month survey in the Ganga basin, which identified oil deposits at a depth of 3,000 meters. Exploration and

Business Markets

Sensex Rallies 900 Points, Nifty Tops 23,600 on FPI Boost

By BPN News Desk March 24, 2025

Indian stock markets witnessed a robust rally on Monday, with the Sensex rising over 900 points and the Nifty surpassing the 23,600 mark. This marks the sixth straight session of gains, reflecting renewed investor confidence as foreign portfolio investors (FPIs) re-entered the market in a big way. Strong performances in banking and information technology stocks […]

Business Markets

India’s Stock Market Valuations Remain Elevated Despite Global Adjustments

By BPN News Desk March 17, 2025

India’s stock market has narrowed its valuation gap with global markets, yet it remains expensive compared to other emerging markets and historical averages. While this reflects strong economic prospects, it also raises concerns about potential overvaluation and sustainability of current market levels. Current Market Valuations As of March 2025, India’s

Markets

U.S. Tech Stocks Plunge as Apple, Nvidia, and Tesla Lead $750 Billion Market Value Loss

By BPN News Desk March 12, 2025

The U.S. technology sector witnessed a major sell-off on March 10, 2025, resulting in a combined market value loss of over $750 billion for the seven largest tech companies. Apple suffered the biggest hit, losing $174 billion in a single day as its shares fell by 4.9%. Nvidia followed with a 5.1% decline, wiping out […]

Markets

India’s Stock Market Faces Prolonged Downturn Amid Economic Slowdown

By BPN News Desk March 10, 2025

India's Nifty 50 index is experiencing its longest losing streak in 29 years, erasing approximately $1 trillion in investor wealth. Contributing factors include slowing economic growth, declining corporate earnings, and sustained foreign investor outflows.

Markets

India’s Business Growth Slows to 14-Month Low in January

By BPN News Desk January 25, 2025

India's business activity expanded at its slowest pace in over a year in January 2025, with the Composite PMI declining to 57.9 amid a services sector slowdown and manufacturing resilience.

Markets

Stock Markets Tumble: Sensex Drops 800 Points, Nifty Falls 1%

By BPN News Desk January 13, 2025

Sensex loses 800 points, Nifty drops 1% as global market weakness impacts investor sentiment.

Business Markets

India Inc’s Record ₹1.33 Lakh Crore Fundraising Amid IPO Boom

By Editor - News Desk December 9, 2024

In a remarkable display of financial dynamism, Indian corporations have collectively raised an unprecedented ₹1.33 lakh crore through initial public offerings (IPOs) in the current fiscal year. This surge underscores a robust investor confidence and a vibrant capital market ecosystem. Surge in IPO Activity The fiscal year has witnessed a significant uptick in IPO activity,

Cricket Finance Football Industry International Markets Northeast India Olympics Other Sports Startups Trade

ICC Arrest Warrant for Netanyahu Sparks Global Division

By BPN News Desk November 22, 2024

The International Criminal Court (ICC) has issued an arrest warrant against Israeli Prime Minister Benjamin Netanyahu, accusing him of alleged war crimes in Gaza. This unprecedented move has led to sharp divisions among world leaders, with some applauding the decision as a step towards justice, while others view it as politically motivated. Allegations Against Netanyahu

Cricket Finance Football Industry International Markets Northeast India Olympics Other Sports Startups Trade

US SEC Alleges Adani Bribery to Secure Solar Power Deals

By BPN News Desk November 22, 2024

The United States Securities and Exchange Commission (SEC) has accused Gautam Adani of offering bribes to secure solar power procurement deals, particularly through discussions with Andhra Pradesh Chief Minister Jagan Mohan Reddy in August 2021. These claims, part of the SEC’s court filings, allege Adani sought to address the state’s hesitancy to finalize agreements