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 […]

PMO

Elon Musk to Meet PM Modi to Discuss Tesla, Starlink

By BPN News Desk February 6, 2025

Tesla and SpaceX CEO Elon Musk is expected to meet Indian Prime Minister Narendra Modi during Modi’s visit to the United States from February 12 to 14. The high-profile meeting, likely scheduled for February 13, will include discussions on Tesla’s plans for India, Starlink’s satellite internet services, and possible collaborations in space technology. Key Discussion […]

National

Finance Ministry Restricts AI Tools on Official Devices

By BPN News Desk February 6, 2025

The Finance Ministry has issued a directive prohibiting its officers from downloading or utilizing artificial intelligence (AI) applications such as ChatGPT and DeepSeek on official computers and devices, citing concerns over data and document confidentiality. Directive to Avoid AI Tools In a communication dated January 29, 2025, the Department of Expenditure within the

Economy National

RBI Increases Gold Reserves by 72.6 Tonnes in 2024

By BPN News Desk February 5, 2025

The Reserve Bank of India (RBI) has significantly increased its gold reserves in 2024, adding 72.6 tonnes over the year. This expansion brings India’s total gold holdings to 876.18 tonnes, with a valuation of approximately $66.2 billion. The increase marks the highest annual addition since 2021 and reflects the central bank’s strategy to strengthen its […]

Economy

Rupee Hits Record Low Amid Rate Cut Speculations

By BPN News Desk February 5, 2025

The Indian rupee has dropped to an all-time low against the U.S. dollar, influenced by market expectations of a potential rate cut by the Reserve Bank of India (RBI) and rising demand for dollars from importers. Rupee Hits Record Low The rupee fell to 87.35 per U.S. dollar, marking a fresh record low. This decline […]