Economy National

Chidambaram Criticizes Budget for Favoring Wealthy

By BPN News Desk February 11, 2025

Former Finance Minister P. Chidambaram has expressed criticism of the recent Union Budget, asserting that it disproportionately favors the wealthiest individuals while offering limited support to the poor. Chidambaram’s Critique of Budget Allocation Chidambaram highlighted that the budget’s provisions extend benefits not only to the underprivileged but also to

National

Census Delay Deprives 14 Crore Indians of Food Security Benefits – Sonia Gandhi

By BPN News Desk February 11, 2025

In a recent session of the Rajya Sabha, Congress MP Sonia Gandhi expressed concern over the prolonged delay in conducting India’s decennial census, emphasizing that this postponement has resulted in approximately 14 crore eligible citizens being denied their rightful entitlements under the National Food Security Act (NFSA). Impact of Census Delay on Food Security The

Defence National

Indian Army to Receive 70,000 AK-203 Rifles in 2025

By BPN News Desk February 10, 2025

In a significant move to modernize its infantry arsenal, the Indian Army is poised to induct 70,000 AK-203 assault rifles in 2025, followed by an additional 100,000 units in 2026. This procurement is part of an ongoing defense agreement with Russia, aiming to replace the aging INSAS rifles currently in service. Manufacturing Collaboration in Amethi […]

National

PM Modi’s France-US Visit to Strengthen AI and Defense Ties

By BPN News Desk February 10, 2025

Prime Minister Narendra Modi has commenced a significant visit to France and the United States, aiming to bolster cooperation in artificial intelligence (AI), defense, and trade. The trip underscores India’s commitment to enhancing strategic partnerships with key global players. Co-Chairing the AI Action Summit in France In France, Modi will co-chair the AI Action

Defence

Security Forces Neutralize 31 Naxals in Chhattisgarh Operation

By BPN News Desk February 10, 2025

In a major crackdown on Naxal insurgency, security forces in Chhattisgarh have neutralized 31 insurgents in the Bijapur district. The operation, which took place in the dense forests of the Indravati National Park, also resulted in the seizure of a substantial cache of weapons and ammunition. Details of the Operation Acting on credible intelligence regarding […]

Economy National

Tariff Concerns Depreciate Rupee; Bonds Track U.S. Inflation

By BPN News Desk February 10, 2025

The Indian rupee has fallen to a new record low, driven by mounting concerns over trade policies and global economic trends. Meanwhile, the Indian bond market is closely monitoring upcoming U.S. inflation data, which could influence interest rate decisions and investor sentiment. Impact of U.S. Tariffs on the Rupee The depreciation of the rupee follows […]

Defence National

Russia Offers R-37M Missile to India with Local Production Rights

By BPN News Desk February 10, 2025

In a strategic move to bolster India’s aerial combat capabilities, Russia has proposed the sale of its advanced R-37M long-range air-to-air missile to India, coupled with the opportunity for local production. This offer was extended during the Aero India 2025 exhibition, reflecting the deepening defense collaboration between the two nations. R-37M Missile Overview

Economy National

Government and RBI Collaborate to Foster Economic Growth

By BPN News Desk February 10, 2025

Finance Minister Nirmala Sitharaman has highlighted the collaborative efforts between the Indian government and the Reserve Bank of India (RBI) to ensure the nation’s economic growth remains on a steady trajectory. She emphasized the importance of affordable interest rates to support industry expansion and capacity building. Government and RBI’s Unified

Economy National

Indian Rupee Hits Record Low Amid U.S. Tariff Concerns

By BPN News Desk February 10, 2025

The Indian rupee plunged to an all-time low of 87.96 against the U.S. dollar following the announcement of new tariffs by the United States. The depreciation reflects growing concerns over trade tensions and their impact on global markets. U.S. Tariffs Trigger Currency Decline The decline in the rupee was triggered by the latest announcement of […]

National Politics

Piyush Goyal Criticizes States’ Demand for Funds Based on Tax Contributions

By BPN News Desk February 9, 2025

Union Minister Piyush Goyal has criticized certain states for requesting funds from the central government in proportion to their tax contributions, describing this approach as “petty thinking.” He emphasized that such demands overlook the broader principle of national unity and equitable development. Goyal’s Perspective on Fiscal Federalism Goyal argued