Standard Plan

India Signs ₹8,000 Crore Deal for MH-60R Helicopter Support

By BPN News Desk December 1, 2025

The Ministry of Defence has approved a major ₹7,995 crore (≈ ₹8,000 crore) “follow-on support” package for the Indian Navy’s fleet of 24 MH-60R Seahawk multi-role helicopters. One-liner: India signs ₹8,000 crore deal for comprehensive MH-60R helicopter fleet sustainment. The contract covers maintenance, repair, spare parts, technical support and training for the next five

Standard Plan

India’s Defence Ministry Plans to Seek 20% Budget Hike

By BPN News Desk December 1, 2025

The Ministry of Defence has announced plans to request a 20% increase in its budget allocation for FY 2026–27. This is significantly higher than the average annual rise of about 10%, signalling a major push toward strengthening India’s defence preparedness, modernisation programmes and domestic manufacturing. One-liner: Defence Ministry proposes a 20% budget hike for FY

Standard Plan

India to Replenish S-400 Air Defence Missiles: What’s Happening

By BPN News Desk December 1, 2025

The Indian government has decided to purchase around 300 missiles from Russia to replenish the stock of surface-to-air missiles deployed on its S-400 air defence systems. This acquisition is reportedly worth over ₹10,000 crore and is being processed on a fast-track basis with approvals expected within the current financial year. One-liner: India plans to buy […]

Standard Plan

India–Indonesia Defence Industrial Cooperation: New Momentum

By BPN News Desk December 1, 2025

India and Indonesia recently co-chaired the third Defence Ministers’ Dialogue in New Delhi and resolved to substantially deepen their defence industrial collaboration. The two countries have agreed to establish a joint industry-cooperation framework, aimed at enhancing technology transfer, joint research and development (R&D), supply-chain linkages and harmonised

Standard Plan

India’s $5 Trillion Economy Target Pushed to FY29

By BPN News Desk December 1, 2025

New IMF estimates indicate that India is now expected to become a US $5 trillion economy in FY29, a year later than earlier projections. One-liner: India’s $5 trillion milestone is now projected for FY29 instead of FY28. The delay is driven mainly by rupee depreciation and slower-than-expected nominal GDP growth in dollar terms. Domestic growth […]

Standard Plan

India’s ₹7,280 Crore Push for Rare-Earth Permanent Magnet Manufacturing

By BPN News Desk December 1, 2025

The Union Cabinet has approved a landmark ₹7,280 crore scheme to promote domestic manufacturing of sintered rare-earth permanent magnets (REPMs). One-liner: Government approves ₹7,280 crore scheme to boost rare-earth magnet manufacturing. The plan aims to establish 6,000 metric tonnes per annum (MTPA) of integrated REPM manufacturing capacity. The scheme provides capital

Standard Plan

Safran’s M88 Engine Maintenance Facility in Hyderabad: A Major Defence Industry Milestone

By BPN News Desk November 30, 2025

French aerospace-defence major Safran has broken ground on a new maintenance facility in Hyderabad dedicated to the M88 engine — the engine powering the Dassault Rafale fighter jet. The investment in this project is approximately €40 million (about ₹ 400+ crore), marking a significant step in India’s defence-industrial collaboration with France and its push for […]

Standard Plan

India and France to Jointly Manufacture HAMMER Precision Weapons

By BPN News Desk November 25, 2025

India and France have agreed to manufacture the HAMMER (Highly Agile Modular Munition Extended Range) precision air-to-ground weapon system in India. This marks a major development in India’s defence-manufacturing ecosystem and strengthens its long-standing strategic partnership with France. One-liner: India will manufacture the HAMMER precision weapon domestically under a

Standard Plan

Reserve Bank of India Sees Room for Rate Cut Amid Steady Growth and Low Prices

By BPN News Desk November 25, 2025

The RBI’s recent “State of the Economy” report highlights that India’s economy is showing steady growth while inflation remains controlled, which gives room for possible policy rate cuts. One-liner: RBI notes India’s economy growing steadily and inflation low, creating scope for rate cuts. The report cited strong performance in manufacturing and services, high reservoir

Standard Plan

Kavach 4.0 Roll-Out: Enhancing Rail Safety on Indian Railways

By BPN News Desk November 25, 2025

India’s indigenous automatic train protection system, Kavach 4.0, has been installed on approximately 654 route km of the railway network as of September 2025. The deployment includes coverage across multiple routes, 155 stations and 2,892 locomotives. This major roll-out signals a significant step forward in India’s effort to modernise its rail safety infrastructure and