Business Trade

India Doubles Crude Oil Imports from the US

By BPN News Desk February 24, 2025

India’s crude oil imports from the United States saw a dramatic increase in February 2025, doubling to an average of 200,000 barrels per day (bpd) from 110,000 bpd in January. This rise underscores India’s efforts to diversify its energy sources amid shifting global trade patterns and geopolitical tensions. The increase in imports from the US […]

Business Industry

Adani Group’s Major Investment in Madhya Pradesh

By BPN News Desk February 24, 2025

The Adani Group has announced a massive ₹1.1 lakh crore investment in Madhya Pradesh, focusing on multiple sectors, including energy, infrastructure, mining, and cement. This substantial investment aims to boost economic growth, create employment opportunities, and improve the state’s industrial ecosystem over the next few years. The diversified conglomerate, led by

Business Trade

Sensex Falls Below 75,000 Amid Global Growth Concerns

By BPN News Desk February 24, 2025

On Monday, February 24, 2025, Indian equity markets witnessed a substantial downturn, with the BSE Sensex falling below the 75,000 mark and the Nifty 50 index experiencing a significant drop. This decline is primarily attributed to escalating concerns over global economic growth, particularly in the United States, which have unsettled investors. Sensex and Nifty Plunge

Finance

RBI to Inject $10 Billion via Forex Swap to Address Liquidity Deficit

By BPN News Desk February 24, 2025

The Reserve Bank of India (RBI) has announced a significant measure to address the persistent liquidity deficit in the nation’s banking system by initiating a $10 billion dollar-rupee buy/sell swap auction. Scheduled for February 28, 2025, this operation aims to inject approximately ₹870 billion into the financial system, providing much-needed liquidity relief to

Jobs

Meta Increases Executive Bonuses Amidst Significant Layoffs

By BPN News Desk February 23, 2025

In a move that has sparked significant controversy, Meta Platforms Inc. has announced substantial increases in executive bonuses shortly after implementing significant workforce reductions. The company laid off approximately 3,600 employees, representing about 5% of its global workforce, citing the need to eliminate low performers and enhance operational efficiency.

Business Finance

Amit Shah Announces First CRCS Regional Office in Pune

By BPN News Desk February 23, 2025

Union Minister for Cooperation Amit Shah has announced the establishment of India’s first regional office of the Central Registrar of Cooperative Societies (CRCS) in Pune. This initiative aims to strengthen the cooperative banking sector and provide enhanced facilities for banks, ensuring smoother operations without unnecessary hurdles. The announcement was made

Jobs

Dr. Jitendra Singh Urges J&K Youth to Embrace Entrepreneurship at National Startup Festival 2025

By BPN News Desk February 23, 2025

Union Minister Dr. Jitendra Singh has called upon the youth of Jammu & Kashmir to move beyond the traditional pursuit of government jobs and embrace entrepreneurship. Inaugurating the two-day National Startup Festival 2025, organized by the CSIR-Indian Institute of Integrative Medicine at the Government College for Women in Gandhi Nagar, Dr. Singh dedicated the event

Trade

India’s Agricultural Exports Achieve Historic Milestones Under Modi Government

By BPN News Desk February 23, 2025

Under Prime Minister Narendra Modi’s administration, India’s agricultural exports have experienced a significant surge, with several products entering international markets for the first time. This expansion not only showcases the country’s diverse agricultural capabilities but also aligns with the government’s vision of ‘Aatmanirbhar

Finance

RBI’s New Communication Norms May Impact Debt Recovery Processes

By BPN News Desk February 23, 2025

The Reserve Bank of India’s (RBI) recent directive to formalize communication channels between financial institutions and customers has sparked a debate among industry experts. On January 17, 2025, the RBI mandated that all transactional calls from banks, mutual funds, and other financial service providers must utilize the ‘160’ number series, while

Trade

India and U.S. Nearing Comprehensive Trade Agreement: Piyush Goyal

By Editor - News Desk February 23, 2025

Union Commerce and Industry Minister Piyush Goyal has announced that India and the United States are on the verge of finalizing a comprehensive bilateral trade agreement, which he described as the “mother of all deals.” Speaking at the Invest Kerala Global Summit (IKGS) on February 21, 2025, Goyal expressed optimism about the forthcoming negotiations with […]