Economy National

RBI Governor Das Predicts Inflation Moderation by Q4 Amid Global Risks

By BPN News Desk October 26, 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das projected a gradual moderation in inflation from the last quarter of the ongoing financial year but cautioned against potential risks posed by escalating global geopolitical conflicts and unexpected weather events. Speaking at an event in Mumbai organized by the Peterson Institute for International Economics (PIIE), Das

National Politics

Congress Releases Second List of 23 Candidates for Maharashtra Assembly Elections

By BPN News Desk October 26, 2024

In preparation for the upcoming Maharashtra Assembly Elections 2024, the Congress party has released its second list of candidates, featuring nominees for 23 constituencies. This announcement comes just days after the party’s first list of 48 candidates and the seat-sharing agreement within the Maha Vikas Aghadi (MVA) coalition. The second list includes Dr. Rajesh

National

Government to Develop 50 New Airports in Next 5 Years: Civil Aviation Minister

By BPN News Desk October 26, 2024

The Indian government plans to develop 50 new airports over the next five years as part of a broader effort to enhance the country’s aviation infrastructure. Civil Aviation Minister K Rammohan Naidu announced this ambitious goal during the inauguration of the Airbus India and South Asia Headquarters – Training Centre in New Delhi on Thursday. […]

Economy National

Income Disparity Down 74.2% Since FY14, Direct Tax Share at 14-Year High: SBI Study

By BPN News Desk October 26, 2024

A new report by the State Bank of India (SBI) highlights a significant reduction in income disparity and a surge in direct tax collections over the past decade. According to the report, income disparity for individuals earning up to Rs 5 lakh annually has declined by 74.2% between fiscal years 2013-14 and 2022-23, signaling positive […]

Defence National

CDS Inaugurates National Conference on Defence Technology for Vision India 2047

By BPN News Desk October 26, 2024

Chief of Defence Staff (CDS) General Anil Chauhan virtually inaugurated the two-day National Conference on Technology Management (TECHMA 2024) on October 24, 2024. The conference, themed ‘Technology Management in Defence Sector for Vision India @2047,’ was organized by the Defence Research & Development Organisation (DRDO) at the Institute of Technology Management,

National

ISRO to Test Satellite-Capturing Technology with Robotic Arms in Space

By BPN News Desk October 26, 2024

The Indian Space Research Organisation (ISRO) is gearing up for groundbreaking missions aimed at reducing space debris and extending the operational lifespan of satellites. This year, ISRO plans to launch at least two key missions that will test cutting-edge technology to dock, refuel, repair, relocate, and deorbit aging satellites in space. ISRO Chairman S Somanath […]

National

Union Cabinet Approves ₹1,000 Crore Venture Capital Fund for Space Sector

By BPN News Desk October 24, 2024

The Union Cabinet, led by Prime Minister Narendra Modi, has approved the establishment of a ₹1,000 crore Venture Capital Fund aimed at advancing India’s burgeoning space sector. The fund, which will be managed under the aegis of IN-SPACe (Indian National Space Promotion and Authorization Centre), is designed to support innovation, economic growth, and boost India’s

Economy National

RBI Brings Back 100 Tonnes of Gold from UK, Boosting India’s Financial Security

By BPN News Desk October 24, 2024

In a major financial development, the Reserve Bank of India (RBI) has repatriated 100 tonnes of gold from the United Kingdom, marking the largest such transfer since 1991. This strategic move signals a shift in how India is managing its gold reserves, enhancing the country’s financial security while reflecting its growing economic strength. The significance […]

National

Broad Consensus Reached with China on Ladakh LAC Disengagement: Rajnath Singh

By BPN News Desk October 24, 2024

Defence Minister Rajnath Singh on Thursday confirmed that India and China have reached a broad consensus to restore the ground situation along the Line of Actual Control (LAC) in Ladakh. His remarks came three days after India announced an agreement with China on disengagement in the region, following a series of diplomatic and military-level talks […]

National

Indian Government Launches System to Block International Spoofed Calls

By BPN News Desk October 24, 2024

The Indian government has launched a new system designed to block international calls posing as Indian numbers in an effort to combat cyber fraud and protect telecom subscribers. The International Incoming Spoofed Calls Prevention System was announced on Tuesday by Union Minister of Communications, Jyotiraditya Scindia, as part of the government’s ongoing initiatives to