National

Finance Ministry Set to Approve 5-Day Banking Week, Banks to Close on Saturdays

By BPN News Desk October 30, 2024

The Indian banking sector is set to undergo a significant change as the Finance Ministry is expected to approve a 5-day banking week, with banks closed on both Saturdays and Sundays. This move follows an agreement reached between the Indian Banks’ Association (IBA) and bank employee unions, with a proposal to slightly extend daily working […]

Defence National

Govt Seeks ‘Non-Controversial’ Path for Multirole Fighter Jet Acquisition

By BPN News Desk October 30, 2024

The Indian government is exploring a “non-controversial” approach to acquire 114 multirole fighter jets for the Indian Air Force (IAF), aiming to avoid the controversy that surrounded the 2016 Rafale deal. The decision comes after the Rafale acquisition, which faced political scrutiny and required the sharing of confidential details with the Supreme Court to

National

PM Modi Launches Health Projects Worth ₹12,850 Crore on Ayurveda Day

By BPN News Desk October 29, 2024

Prime Minister Narendra Modi launched a series of healthcare initiatives valued at ₹12,850 crore during the celebration of Dhanvantari Jayanti and the 9th Ayurveda Day at the All India Institute of Ayurveda (AIIA) in New Delhi. These projects aim to strengthen India’s healthcare infrastructure and expand access to essential services across the country. Ayurveda and […]

National

JSW Group, POSCO Sign MoU for Integrated Steel Plant in India

By BPN News Desk October 29, 2024

JSW Group has signed a Memorandum of Understanding (MoU) with South Korea’s POSCO Group to establish an integrated steel plant in India. The plant, which will have an initial production capacity of 5 million tonnes per annum (MTPA), marks a significant collaboration between the two companies in advancing steel production, battery materials, and renewable energy […]

National

PM Modi to Launch Health Coverage for Senior Citizens Above 70 Today

By BPN News Desk October 29, 2024

Prime Minister Narendra Modi is set to launch a significant health initiative for senior citizens aged 70 and above under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) on Tuesday, October 29. The new scheme will provide free medical coverage up to ₹5 lakh at any AB-PMJAY empaneled hospitals across the country, starting from […]

National

Air India Suspends 10 Cabin Crew Members Amid Protest Over New Room-Sharing Policy

By BPN News Desk October 29, 2024

Tata Group-owned Air India has suspended 10 cabin crew members for allegedly instigating protests against the airline’s newly introduced room-sharing policy. This move comes ahead of the planned merger between Air India and Vistara in November. New Room-Sharing Policy Sparks Discontent The revised policy, effective from December 1, requires a section of the cabin

National

Third Terrorist Neutralized in Akhnoor Operation, Army Dog Killed in Action

By BPN News Desk October 29, 2024

Security forces in Jammu and Kashmir neutralized a third terrorist in the ongoing operation in Akhnoor’s Khour sector on Tuesday. The intense gunfight resumed in the early morning after the encounter had claimed two terrorists earlier. This marked the culmination of a two-day-long operation that began after terrorists opened fire on an army convoy near […]

Economy National

RBI Governor: Future of Money Is Digital, CBDCs Key to Global Payments

By BPN News Desk October 28, 2024

At the G30 Annual International Banking Seminar in Washington DC, Reserve Bank of India (RBI) Governor Shaktikanta Das stressed that the future of money must be digital, particularly through Central Bank Digital Currencies (CBDCs). Speaking at a panel discussion on the future of money and payments, Das urged for multilateral cooperation to facilitate cross-border payments

Defence National

India-Made ‘Vajra Shot’ Anti-Drone Gun Boasts 4 Km Range

By BPN News Desk October 28, 2024

At the Swavlamban 2024 exhibition held in Delhi, the India-made ‘Vajra Shot’ anti-drone gun, designed to detect and neutralize drones up to four kilometers away, grabbed the spotlight. Navy Chief Admiral Dinesh Kumar Tripathi inspected the advanced weapon system during the event, which showcases indigenous defense innovations. A Key Anti-Drone Solution The

National

India’s Reliance on Imported Oil and Natural Gas Increases in H1 FY25

By BPN News Desk October 28, 2024

India’s reliance on imported crude oil and natural gas continues to grow, driven by rising energy demand and stagnant domestic production. In the first half of the current financial year (H1 FY25), the country’s oil import dependency reached 88.2%, up from 87.6% during the same period last year, according to the latest data from the […]