Economy National

India Considers Raising Bank Deposit Insurance Limit Amid Recent Bank Crisis

By BPN News Desk March 11, 2025

The Indian government is actively considering raising the insurance coverage for bank deposits, currently set at ₹5 lakh per depositor. This move aims to bolster depositor confidence, especially in light of recent financial challenges faced by cooperative banks. Current Deposit Insurance Framework The Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary

Infrastructure National

Indian Railways Allocates ₹1.14 Lakh Crore Annually for Safety Enhancements

By BPN News Desk March 11, 2025

Indian Railways has significantly increased its investment in safety measures, allocating over ₹1.14 lakh crore annually to improve infrastructure and reduce accidents. Railway Minister Ashwini Vaishnaw highlighted this financial commitment during a recent session in the Rajya Sabha, emphasizing its role in modernizing the railway network and ensuring passenger safety.

Infrastructure National

India’s Vadhvan Port: A $9 Billion Maritime Game-Changer

By BPN News Desk March 11, 2025

India has embarked on an ambitious maritime infrastructure project with the development of Vadhvan Port in Maharashtra’s Palghar district. This $9 billion initiative is set to become the country’s largest port and aims to position India as a pivotal player in global trade. Strategic Location and Design Situated near Dahanu, approximately 150 kilometers from

Law & Order

Justice Joymalya Bagchi Appointed to Supreme Court; Set to Become Chief Justice of India in 2031

By BPN News Desk March 10, 2025

Justice Joymalya Bagchi of the Calcutta High Court has been elevated to the Supreme Court of India. He is slated to assume the role of Chief Justice of India in May 2031, serving until his retirement in October 2031.

Defence National

Private Sector Delivers Key Component for Tejas Mark-1A Fighter

By BPN News Desk March 10, 2025

In a significant boost to India’s ‘Make in India’ initiative, the private sector has delivered the first rear fuselage for the Tejas Mark-1A fighter jet to Hindustan Aeronautics Limited (HAL). This milestone underscores the growing collaboration between public and private sectors in strengthening the nation’s defense manufacturing capabilities.

National

Vanuatu Cancels Lalit Modi’s Passport Amid Extradition Concerns

By BPN News Desk March 10, 2025

Vanuatu’s Prime Minister, Jotham Napat, has directed the Citizenship Commission to revoke the passport of Lalit Modi, the founder of the Indian Premier League (IPL). This decision follows revelations that Interpol twice declined India’s requests for an alert notice against Modi due to insufficient judicial evidence. Vanuatu’s Stance on Citizenship

National

Indian Coast Guard and DRI Seize ₹33 Crore Worth of Hashish Oil in Joint Operation

By BPN News Desk March 10, 2025

In a significant crackdown on narcotics smuggling, the Indian Coast Guard (ICG) and the Directorate of Revenue Intelligence (DRI) have seized nearly 30 kilograms of hashish oil, valued at approximately ₹33 crore, from a vessel en route to the Maldives. Joint Operation by Indian Coast Guard and DRI Acting on specific intelligence, the DRI identified […]

National

India to Launch World’s Most Powerful Hydrogen Train in May

By BPN News Desk March 9, 2025

India is gearing up to introduce its first hydrogen-powered train in May, marking a major step in the country’s push for sustainable transportation. This initiative highlights India’s commitment to green energy and positions it as a leader in eco-friendly rail innovation. World’s Most Powerful Hydrogen Train The upcoming hydrogen train will feature a 1,200-horsepower

Economy National

India’s Retail Inflation Expected to Ease to 4.1% in February

By BPN News Desk March 8, 2025

India’s retail inflation is expected to ease to 4.1% in February, driven by a decline in vegetable and milk prices. The drop is attributed to improved supply conditions and stable pricing in key food categories. Despite this, concerns over rising costs in certain food segments persist, keeping inflation risks on the radar. Vegetable Prices Contribute […]

Economy National

India’s Forex Reserves Drop by $1.78 Billion to $638.698B

By BPN News Desk March 8, 2025

India’s foreign exchange reserves recorded a decline of $1.781 billion, bringing the total to $638.698 billion for the week ending February 28, according to the latest data from the Reserve Bank of India (RBI). The drop was primarily attributed to reductions in foreign currency assets and gold reserves, which form key components of the country’s […]