National

USAID Allocated $750 Million for Seven Projects in India for FY24

By BPN News Desk February 23, 2025

The United States Agency for International Development (USAID) has allocated $750 million to fund seven projects in India during the fiscal year 2023-24, as detailed in the latest annual report from India’s Finance Ministry. These investments underscore the ongoing collaboration between the U.S. and India, focusing on sectors such as health, education, and

Economy National

RBI Projects Robust Economic Growth for India

By BPN News Desk February 23, 2025

The Reserve Bank of India (RBI) has projected that India will sustain its status as the fastest-growing major economy in the fiscal year 2025-26, anticipating a GDP growth rate of 6.7%. This optimistic outlook is attributed to several factors, including increased rural demand, tax relief measures introduced in the Union Budget, and a recovery in […]

Defence

Indian Navy Enhances Kilo-Class Submarines with Kalibr-PL Missiles

By BPN News Desk February 23, 2025

The Indian Navy has officially placed orders for the Kalibr-PL anti-ship cruise missiles to enhance the capabilities of its Kilo-class submarine fleet, signaling a strategic move to bolster its naval strike capabilities. The Kalibr-PL, specifically the 3M-14K variant, is tailored for sub-surface launches, akin to the 3M-14T Kalibr-NK, which is deployed from surface ships

Defence

DRDO Seeks Approval for Indigenous Nuclear Submarine Project

By BPN News Desk February 23, 2025

The Defence Research and Development Organisation (DRDO) has advanced its proposal for the indigenous construction of nuclear-powered attack submarines (SSNs), with plans to seek approval from the Cabinet Committee on Security (CCS) in the coming months. This initiative is a significant component of India’s strategy to enhance its maritime defense capabilities amid

National

India Probes Alleged $21 Million USAID Funding for Voter Turnout

By BPN News Desk February 23, 2025

India’s External Affairs Minister S. Jaishankar has addressed concerns following claims of foreign funding allegedly influencing the country’s electoral process. The controversy revolves around reports suggesting that the United States Agency for International Development (USAID) allocated $21 million to increase voter participation in India. Speaking at a

National PMO

Former RBI Governor Shaktikanta Das Appointed as Principal Secretary to PM Modi

By BPN News Desk February 22, 2025

In a significant administrative move, Shaktikanta Das, the former Governor of the Reserve Bank of India (RBI), has been appointed as the Principal Secretary to Prime Minister Narendra Modi. This appointment, effective immediately, aligns with the government’s strategy to leverage experienced leadership in pivotal roles. Appointment Details The Appointments Committee

Infrastructure National

India Honored with Global Road Safety Award

By BPN News Desk February 22, 2025

In a significant achievement, the Indian government has been awarded the prestigious Prince Michael Decade of Action Road Safety Award for its substantial progress in enhancing vehicle safety over the past decade. The accolade was presented during the 4th Ministerial Conference on Road Safety held in Marrakech, Morocco, where global leaders convened to strategize on […]

Defence National

India Evaluates Acquisition Costs of F-35 and Rafale F4 Jets

By BPN News Desk February 22, 2025

In its ongoing efforts to modernize the Indian Air Force (IAF), India is evaluating the procurement of advanced fighter jets, specifically the Lockheed Martin F-35 Lightning II and the Dassault Rafale F4. A comprehensive analysis of both acquisition expenses and 40-year life cycle costs (LCC) reveals notable financial differences between these two aircraft options.

Economy National

RBI Governor Advocates for Rate Cut Amid Easing Inflation

By BPN News Desk February 22, 2025

In the latest Monetary Policy Committee (MPC) meeting, Reserve Bank of India (RBI) Governor Sanjay Malhotra emphasized that the current macroeconomic conditions and the anticipated alignment of inflation with target levels make it an “appropriate time” for a rate cut. He highlighted that monetary easing, combined with agricultural growth and recent budgetary

Infrastructure

Government Halts New Bharatmala Projects Amid Delays and Cost Overruns

By BPN News Desk February 21, 2025

The Indian government has decided to suspend the initiation of new projects under the Bharatmala Pariyojana, the country’s flagship highway development program. This decision comes in the wake of substantial delays and cost overruns affecting the current projects. The Ministry of Road Transport and Highways, in its annual report for 2024-25, stated, “No further