Infrastructure National

Indian Railways to Invest ₹16.7 Lakh Crore by 2031 in Infrastructure Development

By BPN News Desk March 27, 2025

Indian Railways (IR) has outlined an ambitious investment plan of ₹16.7 lakh crore by 2031 to overhaul the country’s railway infrastructure. This major initiative will target the enhancement of freight corridors, the development of high-speed rail (HSR) systems, and the modernization of over 1,300 railway stations. The Indian government’s focus on infrastructure aims to

Defence National

HAL Seeks Private Partners for AMCA Joint Production with 12.5% Stake Offer

By BPN News Desk March 27, 2025

In a significant move aimed at bolstering India’s defense manufacturing capabilities, Hindustan Aeronautics Limited (HAL) has issued an Expression of Interest (EOI) to select four private Indian companies as partners for the production of the Advanced Medium Combat Aircraft (AMCA). This collaboration is pivotal to India’s push for self-reliance in aerospace

Government Policies National

Centre Approves 24% Salary Hike for MPs, Monthly Income Now ₹2.81 Lakh

By BPN News Desk March 27, 2025

The Indian government has approved a 24% increase in the salaries, pensions, and allowances of Members of Parliament (MPs), effective from April 1, 2023. This revision raises the base salary of MPs from ₹1 lakh to ₹1.24 lakh per month, while constituency allowances increase from ₹70,000 to ₹87,000, and office expenses rise from ₹60,000 to […]

Defence National

7th Tejas Mk1A Aircraft Rolls Out, Marking Key Milestone for HAL

By BPN News Desk March 26, 2025

Hindustan Aeronautics Limited (HAL) has achieved a significant milestone in India’s indigenous defense aviation program with the successful rollout of the 7th Tejas Light Combat Aircraft (LCA) Mk1A jet, designated LA-5039. This event, which took place on March 25, 2025, showcases the progress of HAL’s ambitious Tejas program, demonstrating the company’s accelerated

Defence National

Government Signs ₹6,900 Crore Defence Contracts with Bharat Forge and Tata Advanced Systems

By BPN News Desk March 26, 2025

The Ministry of Defence (MoD) has entered into significant agreements totaling ₹6,900 crore with Bharat Forge Limited and Tata Advanced Systems Limited. These contracts aim to enhance India’s artillery capabilities and military mobility. Advanced Towed Artillery Gun Systems (ATAGS) Bharat Forge, emerging as the lowest bidder, will manufacture 60% of the 155mm/52

Economy National

WhatsApp Messages Help Uncover ₹200 Crore Tax Evasion

By BPN News Desk March 26, 2025

Union Finance Minister Nirmala Sitharaman recently defended the provisions of the new Income Tax Bill, 2025, emphasizing the role of digital evidence in uncovering financial misconduct. The minister revealed that WhatsApp messages were instrumental in uncovering ₹200 crore linked to tax evasion through crypto assets. This revelation came during her address to the Lok

National

45,811 Cooperative Societies Under Liquidation in India

By BPN News Desk March 26, 2025

The Indian government recently revealed that a total of 45,811 cooperative societies out of the 8.32 lakh registered societies are currently under liquidation. The Minister of Cooperation, Amit Shah, provided these figures in a response to the Rajya Sabha, highlighting that as of March 2025, 6.37 lakh societies remain operational, while over 1.5 lakh are […]

National

India Faces $346 Billion Debt Challenge Amidst Pandemic Borrowing

By BPN News Desk March 26, 2025

India confronts a significant fiscal challenge with sovereign bonds totaling Rs 29.6 lakh crore (approximately $346 billion) maturing over the next five years. This substantial debt accumulation stems from extensive borrowing during the pandemic to support various relief measures. Government’s Debt Management Strategy To address this looming debt burden, the

Defence National

GE Aerospace Delivers First F404-IN20 Engine for India’s Tejas Mk1A

By BPN News Desk March 26, 2025

GE Aerospace has delivered the first F404-IN20 engine to Hindustan Aeronautics Limited (HAL) for integration into India’s Tejas Light Combat Aircraft (LCA) Mk1A. This marks a significant milestone for India’s indigenous fighter jet program, especially after a two-year delay caused primarily by global supply chain disruptions. The delivery is expected to accelerate the

Infrastructure National

Alstom Delivers 500th Electric Locomotive to Indian Railways

By BPN News Desk March 26, 2025

Alstom has successfully delivered its 500th fully made-in-India Prima T8 WAG12B electric locomotive to Indian Railways, marking a major achievement in the country’s rail infrastructure modernization efforts. The locomotive, built at Alstom’s advanced manufacturing facility in Madhepura, Bihar, signifies the strengthening of India’s push for indigenous production under the