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

National

Private Bills Advocate for Minimum 100 Parliamentary Sitting Days Annually

By BPN News Desk February 9, 2025

In a move to enhance legislative efficiency and accountability, private member bills have been introduced in Parliament, proposing that the institution convene for a minimum of 100 days annually. These bills aim to address concerns over the limited number of sitting days, which some argue hampers thorough legislative scrutiny and debate. Current Parliamentary Sitting

Defence National

HAL Awaits GE F404 Engines to Deliver Tejas Mk1A and Trainer Jets

By BPN News Desk February 9, 2025

Hindustan Aeronautics Limited (HAL) is prepared to deliver three Tejas Mk1A fighter jets and four Tejas Mk1 trainer aircraft to the Indian Air Force (IAF) upon the arrival of the GE F404 engines. The delivery of these engines is anticipated to commence in the next few days, marking a significant advancement in the Tejas program […]

Defence National

Army and Air Force Chiefs to Fly LCA Tejas Ahead of Aero India

By BPN News Desk February 9, 2025

In a significant demonstration of inter-service cooperation and support for indigenous defense technology, Indian Air Force Chief Air Chief Marshal AP Singh and Army Chief General Upendra Dwivedi are scheduled to undertake a joint sortie in the Light Combat Aircraft (LCA) Tejas. This event is planned for Sunday at Air Force Station Yelahanka in Bengaluru, […]

National Politics

MPs Urge Home Minister for Updates on Naga Peace Process

By BPN News Desk February 9, 2025

A collective of 21 Members of Parliament has reached out to Union Home Minister Amit Shah, seeking clarity on the current status of the Naga peace process. The MPs emphasized the importance of concluding the negotiations promptly to ensure lasting peace and development in the region. MPs Advocate for Timely Resolution In their communication, the […]

Government Policies National

Cabinet Allocates ₹8,800 Crore to Enhance Skill India Programme

By BPN News Desk February 9, 2025

The Union Cabinet has sanctioned the continuation and restructuring of the Skill India Programme (SIP) until 2026, with a financial outlay of ₹8,800 crore covering the period from 2022-23 to 2025-26. This initiative underscores the government’s commitment to developing a skilled, future-ready workforce by integrating demand-driven, technology-enabled, and

Economy National

RBI Governor Confident in India’s Potential for 7% Economic Growth

By BPN News Desk February 8, 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra has expressed optimism about the nation’s economic trajectory, stating that India can “certainly achieve over 7% growth rate” and that the country “should aspire for that.” This assertion comes as the RBI projects a 6.7% growth for the fiscal year 2025-26, an increase from the 6.4% estimated

Economy National

Cabinet Approves New Income Tax Bill for Parliamentary Introduction

By BPN News Desk February 8, 2025

The Union Cabinet has given its approval to a new Income Tax Bill, which is scheduled to be introduced in Parliament next week. This legislative move seeks to replace the existing Income Tax Act, which has been in force for over six decades, with a more contemporary framework. Objective of the New Income Tax Bill […]

Economy National

RBI Reduces Repo Rate to 6.25% to Stimulate Economic Growth

By BPN News Desk February 7, 2025

In a move to invigorate the slowing economy, the Reserve Bank of India (RBI) has reduced its key policy rate for the first time in nearly five years. The Monetary Policy Committee (MPC) unanimously decided to lower the repo rate by 25 basis points, bringing it down to 6.25%. This decision reflects the central bank’s […]