Economy National

Indian Government Requests Parliamentary Approval for Extra FY25 Spending

By BPN News Desk December 12, 2024

The Indian government has sought Parliament’s approval for additional spending in the fiscal year 2024-25, amounting to ₹4.36 trillion. This proposal is part of the second batch of supplementary demands for grants, reflecting the administration’s efforts to address critical economic and social priorities amid evolving financial challenges. Focus Areas of

National

FM Sitharaman Warns Against Unsustainable Debt

By BPN News Desk December 12, 2024

Finance Minister Nirmala Sitharaman has emphasized the importance of maintaining fiscal discipline to ensure that future generations are not burdened with unsustainable debt. Speaking at a conference, the Finance Minister highlighted the need for responsible economic policies, particularly in the context of global challenges such as inflation, economic uncertainty, and

National

Union Cabinet Clears ‘One Nation, One Election’ Bill

By BPN News Desk December 12, 2024

The Union Cabinet has approved the much-anticipated ‘One Nation, One Election’ bill, a move aimed at synchronizing Lok Sabha and state assembly elections across India. This landmark proposal is expected to streamline the electoral process and significantly reduce election-related costs. Sources confirm that the bill is likely to be introduced in Parliament as early as […]

National

Rahul Gandhi Raises Concerns Over PSBs, Sitharaman Responds

By BPN News Desk December 12, 2024

Congress leader Rahul Gandhi raised questions about the financial health of public sector banks (PSBs) during a parliamentary session, alleging that the institutions are under strain. Finance Minister Nirmala Sitharaman, however, dismissed these claims, labeling them as “baseless.” Gandhi, during his address, highlighted issues he believes are affecting the

National

India Aims for Self-Sufficiency in Space Communications Sector

By BPN News Desk December 12, 2024

India has set its sights on achieving self-sufficiency in the space communications (satcom) sector, according to Union Minister Jyotiraditya Scindia. Speaking at a recent industry forum, the minister outlined the government’s vision for an independent and robust space communication infrastructure to meet both domestic and international demands. Building a Self-Reliant

Law & Order

Supreme Court Lists Key Factors for Alimony Decisions

By BPN News Desk December 12, 2024

The Supreme Court of India has laid out a comprehensive framework for determining alimony in matrimonial disputes, emphasizing fairness and equity in its ruling on the high-profile Bengaluru techie case. This decision follows the tragic death of techie Atul Subhash, which highlighted the emotional and financial challenges linked to such cases. Eight Key Factors for […]

National

Labour Ministry Considers Welfare Scheme for Gig and Platform Workers

By BPN News Desk December 12, 2024

The Ministry of Labour and Employment is actively working on a scheme to provide social security and welfare benefits for gig and platform workers, reflecting the growing recognition of their contributions to the economy. The initiative aims to address the challenges faced by workers in the rapidly expanding gig economy sector, including app-based delivery agents, […]

National

Coast Guard Acts Against Illegal Fishing in Indian Waters

By BPN News Desk December 11, 2024

In a significant maritime operation, the Indian Coast Guard intercepted two Bangladeshi trawlers and detained 78 fishermen for illegally fishing in Indian territorial waters. The trawlers were seized during routine patrolling along the maritime boundary. The Coast Guard, while conducting a surveillance operation, spotted the Bangladeshi trawlers engaged in unauthorized

National

Affordable Housing Boost: PMAY-U Delivers 41,700 Rental Units

By BPN News Desk December 10, 2024

The government has completed 41,700 rental homes for Economically Weaker Sections (EWS) and Low-Income Groups (LIG) under the Affordable Rental Housing Complexes (ARHC) initiative, a sub-scheme of the Pradhan Mantri Awas Yojana-Urban (PMAY-U). The announcement was made in the Rajya Sabha, underscoring the scheme’s progress in providing affordable housing to vulnerable

Defence National

Indian Navy Eyes Indigenous Anti-Ship Expansion for Rafale-M

By BPN News Desk December 10, 2024

The Indian Navy is taking significant strides to enhance the combat capabilities of its recently acquired Rafale-M (Marine) fighter jets by equipping them with locally developed anti-ship weaponry. This move aligns with India’s focus on self-reliance in defense manufacturing under the “Make in India” initiative. The Navy plans to integrate indigenous anti-ship