Economy National

Railway Stock Jumps 4% Following Chennai Metro’s ₹3,658 Crore Order

By BPN News Desk November 29, 2024

A leading railway stock witnessed a 4% surge in its share price after securing a massive ₹3,658 crore contract from Chennai Metro Rail Limited (CMRL). The order involves the manufacturing and supply of advanced metro trains, marking a significant milestone for the company. Details of the Metro Project Under this order, the company will deliver […]

National

India Q2 GDP Growth for FY25 Hits 6.8%

By BPN News Desk November 29, 2024

India’s economy expanded by 6.8% in the second quarter of FY25, reflecting a resilient growth trajectory amid global economic uncertainties. The robust performance underscores the contributions of key sectors and the strength of domestic demand. Key Drivers of Economic Growth The GDP growth was fueled by strong performances in manufacturing, agriculture, and services, with

Defence National

HAL to Secure License for Su-30MKI Engine Production

By BPN News Desk November 29, 2024

Hindustan Aeronautics Limited (HAL) Chairman and Managing Director (CMD) CB Ananthakrishnan is in Russia to finalize a critical contract enabling the license manufacturing of 240 Su-30MKI fighter jet engines. This move is expected to significantly enhance India’s self-reliance in defense production. Strengthening India-Russia Defense Ties The Su-30MKI, a backbone of

Defence National

India Successfully Tests Long-Range Ballistic Missile

By BPN News Desk November 28, 2024

India has successfully launched a long-range ballistic missile, further solidifying its position as a key player in global defense technology. The test, conducted under strict operational conditions, marks a significant milestone in the country’s efforts to enhance its strategic deterrence capabilities. Advanced Missile Capabilities The ballistic missile, capable of

Economy National

Fiscal Deficit Likely at 4.75% for FY25, Capex at ₹62,000 Crore

By BPN News Desk November 28, 2024

India’s fiscal deficit for the financial year 2024-25 is projected to be 4.75% of GDP, according to a report by India Ratings and Research (Ind-Ra). The report also anticipates capital expenditure to reach ₹62,000 crore as the government continues its focus on infrastructure development. Sustained Fiscal Discipline Amid Economic Challenges Despite global economic

National Politics

TMC Stands Against INDIA Bloc’s Parliamentary Strategy

By BPN News Desk November 28, 2024

The Trinamool Congress (TMC), led by Mamata Banerjee, has openly opposed the INDIA Bloc’s parliamentary strategy, advocating for uninterrupted proceedings during the ongoing Winter Session of Parliament. The move underscores TMC’s focus on legislative productivity over disruptive tactics. A Different Stance Within the Opposition While the INDIA Bloc—an alliance

Defence National

India Tests Nuclear-Capable Missile from INS Arihant

By BPN News Desk November 28, 2024

In a significant step toward enhancing its strategic deterrence capabilities, India successfully tested a nuclear-capable ballistic missile from its indigenously developed submarine, INS Arihant. The test, conducted from the waters of the Indian Ocean, underscores the country’s growing defense capabilities and its commitment to securing maritime borders. A Key

National

India Partners with International Solar Alliance on $2 Million Project

By BPN News Desk November 28, 2024

India has solidified its commitment to advancing global renewable energy by signing a $2 million project agreement with the International Solar Alliance (ISA). The collaboration aims to enhance solar energy adoption across member nations while promoting sustainable development. Focus on Solar Energy Expansion The agreement underscores India’s pivotal role in

Economy National

RBI’s Gold Buying Bolsters India’s Forex Reserves

By BPN News Desk November 26, 2024

The Reserve Bank of India (RBI) has been ramping up its gold purchases, significantly boosting the country’s foreign exchange reserves. This strategic move reflects India’s efforts to enhance economic stability amid global uncertainties. Enhancing Reserve Security with Gold Amid fluctuating global market conditions, gold remains a safe-haven asset, offering stability

Economy National

India Shines in Emerging Markets with Strong Export Growth

By BPN News Desk November 26, 2024

India has emerged as a standout performer among emerging markets, driven by robust export growth and resilient economic indicators, according to the latest Emerging Markets Tracker. The country’s strong performance highlights its economic stability and recovery momentum amid global uncertainties. Export Growth Boosts India’s Economic Momentum India’s export growth remains