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RBI Proposes Elimination of Pre-Payment Charges on Business Loans for Individuals and MSEs

By BPN News Desk February 22, 2025

The Reserve Bank of India (RBI) has proposed the removal of foreclosure charges and pre-payment penalties on all floating rate loans extended to individuals and Micro and Small Enterprises (MSEs), including those taken for business purposes. This initiative aims to promote responsible lending practices and provide greater flexibility to borrowers in managing their debts.

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TASL Unveils India’s First NATO-Compliant Armoured Vehicle for Global Markets

By BPN News Desk February 22, 2025

Tata Advanced Systems Limited (TASL) has introduced India’s inaugural NATO-compliant armoured vehicle, the Wheeled Armoured Amphibious Platform (WhAP), tailored for international defense markets. This development signifies a significant milestone in India’s defense manufacturing sector, aligning with global standards and showcasing indigenous capabilities. The

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Russia Develops Plasma Engine Prototype for Mars Missions

By BPN News Desk February 13, 2025

Russian scientists unveil a prototype plasma engine that could reduce Mars travel time from nearly a year to just 30 to 60 days, revolutionizing space travel.

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Four More Nations Show Interest in India’s BrahMos Missile

By BPN News Desk February 13, 2025

UAE, Saudi Arabia, Egypt, and Vietnam express interest in India’s BrahMos missile after its successful sale to the Philippines and ongoing talks with Indonesia.

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India’s Palm Oil Imports Drop to Lowest in 14 Years

By BPN News Desk February 5, 2025

India’s palm oil imports have fallen to their lowest level in 14 years, as the country shifts towards alternative edible oils like soybean and sunflower oil. The decline in demand for palm oil, primarily sourced from Indonesia, Malaysia, and Thailand, is attributed to a significant change in consumer preference, competitive pricing, and concerns over health […]

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A New Dawn or a Mirage? Evaluating DeepSeek’s Claims of Cost-Efficient AI

By BPN News Desk January 29, 2025

China’s DeepSeek has made quite the splash recently. With its much-hyped DeepSeek-R1 model, it has not only claimed to deliver cutting-edge AI at a fraction of the cost incurred by OpenAI but also sent shivers down the spines of U.S. tech giants like Nvidia. The claim? A whopping 94% cost reduction in developing a large […]

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Japanese Markets Lead Asian Decline Amid AI Sector Downturn

By BPN News Desk January 28, 2025

On January 28, 2025, Japanese stock markets experienced significant declines, leading a broader downturn across Asian markets. The Nikkei 225 index fell by 1.4%, closing at 39,016.87, marking one of its most substantial single-day drops in recent months. This decline was primarily driven by substantial losses in the technology sector, particularly among companies involved

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Phinia Targets Alternative Fuel Systems to Tackle Rising CNG Demand

By BPN News Desk January 25, 2025

Phinia, a leading global auto component manufacturer, is exploring the development of alternative fuel systems to address the increasing demand for compressed natural gas (CNG). This initiative aims to provide efficient and eco-friendly solutions in the automotive industry while aligning with global efforts to curb vehicular emissions. “Alternative Fuels to Drive

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Mukesh Ambani Unveils Plans for World’s Largest Data Centre in India

By BPN News Desk January 24, 2025

Reliance Industries Chairman Mukesh Ambani has announced an ambitious plan to build the world’s largest data centre in India. This cutting-edge facility is poised to revolutionize the nation’s digital infrastructure, reinforcing India’s position as a global technology hub. “A Transformative Project for India” Speaking about the initiative, Ambani stated,

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Dinosaur Footprints From Jurassic Era Discovered in UK

By BPN News Desk January 13, 2025

Over 200 dinosaur footprints from the Jurassic period discovered on UK’s Yorkshire coast.