Business

Mumbai Auto Driver Earns ₹5–8 Lakhs a Month with Simple Idea

By BPN News Desk June 4, 2025

A Mumbai-based auto-rickshaw driver has become a symbol of street-smart entrepreneurship, reportedly earning ₹5–8 lakhs a month by offering a seemingly simple but incredibly effective service: bag storage outside the U.S. Consulate. Without any MBA degree, tech startup, or funding, his success is driven purely by hustle, opportunity-spotting, and trust. Visitors to the

Business Finance

UPI Set to Surpass Visa in Daily Transactions

By BPN News Desk June 4, 2025

India’s Unified Payments Interface (UPI) is on the brink of overtaking global financial giant Visa in terms of daily transaction volumes, marking a transformative moment in the global digital payments landscape. On June 1 and 2, UPI processed 644 million and 650 million transactions respectively, pushing it within striking distance of Visa’s global daily average […]

Business Industry

India’s Chip Sector Grows with $21B Investment Pipeline

By BPN News Desk June 4, 2025

India’s semiconductor manufacturing ambitions are finally materializing, with over $21 billion already committed to establishing a solid foundation in Assembly, Testing, Marking, and Packaging (ATMP) and Outsourced Semiconductor Assembly and Test (OSAT) segments. The focus is clear: to secure India’s place in the global chip supply chain while reducing import dependence.

Business Industry

Chinese Smartphone Firms Ramp Up Indian Manufacturing

By BPN News Desk June 4, 2025

Chinese smartphone brands operating in India are rapidly increasing local production by partnering with Indian contract manufacturers such as Dixon Technologies and Bhagwati Products (Micromax). This strategic realignment comes amid growing regulatory scrutiny and a quiet push by the Indian government to localize more value addition. Although these Chinese brands already

Business Finance

UPI Transactions Reach ₹25.14 Lakh Crore in May

By BPN News Desk June 4, 2025

India’s digital payment ecosystem reached a new peak in May 2025, as Unified Payments Interface (UPI) transactions touched a record value of ₹25.14 lakh crore. This marks a significant milestone in the country’s shift toward a cashless economy, with more individuals and businesses embracing digital transactions at unprecedented levels. UPI Transactions May The month

Business

Adani Group Eyes Airport Ground Handling Amid Celebi’s Exit

By BPN News Desk June 3, 2025

The Adani Group is preparing to make a significant foray into the airport ground handling business, marking a strategic expansion of its aviation operations. This decision comes in the wake of Turkish operator Celebi’s exit from Indian airports, a development that has created a vacuum in ground services across key locations. Adani Airport Holdings Limited […]

Business

Microsoft Lays Off 300 More Employees in Continued Restructuring

By BPN News Desk June 3, 2025

Microsoft has initiated another round of layoffs, terminating over 300 employees just weeks after it let go of approximately 6,000 workers in May. This latest wave of job cuts comes as part of a broader restructuring plan aimed at realigning the company’s workforce with evolving strategic priorities, particularly in artificial intelligence and cloud-based solutions. The

Business Finance

RBI May Slash Repo Rate by 50 bps to Spur Credit Growth

By BPN News Desk June 3, 2025

The Reserve Bank of India is widely expected to implement a sharp 50 basis point cut in the benchmark repo rate during its upcoming monetary policy review on June 6. The projection, made by the Economic Research Department of the State Bank of India, marks a significant shift toward monetary easing aimed at reviving a […]

Business Industry

Reliance Infra Eyes ₹3,000 Cr in Defence Exports by FY27

By BPN News Desk June 2, 2025

Reliance Infrastructure Ltd has set an ambitious target of achieving ₹3,000 crore in defence exports within the next two years, marking a major expansion into global defence supply chains. The company, part of the Anil Ambani-led Reliance Group, is betting big on large-calibre artillery ammunition and integrated explosives manufacturing to become one of India’s top […]

Business Industry

India’s iPhone Production Lags 10x Behind China’s Growth Pace

By BPN News Desk June 2, 2025

India’s ambition to become a global iPhone manufacturing hub is advancing steadily but at a pace far behind China’s historical trajectory. Current data reveals that India is building iPhones nearly ten times slower than China did during its corresponding growth period, raising key questions about infrastructure readiness and strategic planning. India’s Production