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Industry

Quick Commerce Fuels Demand for 2.4 Million Blue-Collar Jobs in India by 2027

By BPN News Desk January 12, 2025
India's quick commerce sector is projected to create 2.4 million blue-collar jobs by 2027, with an average monthly salary of ₹22,600.
Finance

FPIs Withdraw ₹22,194 Crore in January Amid Market Uncertainty

By BPN News Desk January 12, 2025
Foreign portfolio investors (FPIs) have pulled out ₹22,194 crore from Indian equities in January 2025, marking a significant outflow attributed to a weak corporate earnings outlook and the strengthening of the US dollar. The large-scale withdrawal reflects investor caution amid global and domestic uncertainties impacting the equity markets. Weak Earnings and Global
Industry

CM Fadnavis Inaugurates Solar Industries’ Drone Manufacturing Facility in Nagpur

By BPN News Desk January 12, 2025
Maharashtra CM Devendra Fadnavis inaugurates Solar Industries' drone manufacturing facility in Nagpur, boosting indigenous UAV production.
Industry

Andhra Pradesh to Establish ₹14,000-Crore Semiconductor Facility in Orvakal

By BPN News Desk January 12, 2025
Andhra Pradesh announces ₹14,000-crore semiconductor plant in Orvakal Mega Industrial Hub.
Finance

India’s Forex Reserves Decline by $5.69 Billion to $634.58 Billion

By BPN News Desk January 12, 2025
India's forex reserves fall by $5.69 billion, reaching $634.58 billion.
Industry

India Surpasses Japan, Aims for Top Spot in Global Auto Industry

By BPN News Desk January 12, 2025
India becomes third-largest auto market, targets global leadership.
Finance

Mutual Fund SIP Inflows Cross ₹26,000 Crore for First Time

By BPN News Desk January 11, 2025
For the first time in India’s financial history, monthly inflows into mutual fund Systematic Investment Plans (SIPs) have surpassed the ₹26,000 crore mark. This milestone reflects growing investor confidence in equity markets and the increasing popularity of SIPs as a disciplined investment tool. Record-Breaking SIP Inflows In December 2024, mutual fund SIP inflows reached
Finance

Rupee May Breach 90 Against Dollar Amid RBI Policy Shift

By BPN News Desk January 11, 2025
The Indian rupee is poised for further depreciation, potentially breaching the 90-per-dollar mark, as the Reserve Bank of India (RBI) appears to ease its long-standing intervention strategy in the forex market. The shift comes amid evolving global economic conditions and rising concerns over India’s trade deficit and inflation. RBI’s Changing Forex Strategy
Finance

RBI Eases Restrictions on Select NBFCs Following Compliance Improvements

By Editor - News Desk January 11, 2025
RBI lifts curbs on certain NBFCs after enhanced regulatory compliance.
Industry

India to Manufacture US Stryker Combat Vehicles and Sonobuoys Domestically

By BPN News Desk January 11, 2025
India partners with the US to produce Stryker combat vehicles and sonobuoys, enhancing defense capabilities.
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