India’s Petroleum Imports Surge by 7.7% in FY25

By BPN News Desk November 18, 2024

Business

India’s petroleum imports climbed 7.7% year-on-year in the first seven months of FY25, reaching 147.24 million tonnes, according to recent government data. The increase comes as the country grapples with a decline in domestic crude oil production, which has dropped by 0.9% compared to the

East India State News

Amit Shah Directs Reinforcement of Security Forces in Manipur

By BPN News Desk November 18, 2024

Union Home Minister Amit Shah has ordered the deployment of additional Central Armed Police Force (CAPF) companies in Manipur as violence continues to escalate in the region. The directive comes amid renewed tensions and incidents of arson, underscoring the government’s priority to restore law and order. Heightened Security Measures The Home Ministry’s decision follows

Business Finance

SBI to Add 500 New Branches, Network to Hit 23,000 by FY25

By BPN News Desk November 18, 2024

State Bank of India (SBI), the country’s largest public sector lender, is set to open 500 new branches by the end of the financial year 2025, Finance Minister Nirmala Sitharaman announced during a recent address. The expansion will bolster SBI’s already extensive network, which currently stands at approximately 22,500 branches across India. Strengthening Financial

National

Indian Coast Guard Rescues Fishermen After Chasing Pakistani Ship

By BPN News Desk November 18, 2024

In a dramatic operation in the Arabian Sea, the Indian Coast Guard (ICG) successfully forced a Pakistani ship to release Indian fishermen it had captured. The incident, which unfolded over two hours, highlights the ICG’s commitment to safeguarding Indian maritime interests and ensuring the safety of its citizens. High-Stakes Operation The incident began when a […]

Defence National

Parliamentary Committee Reviews Indian Coast Guard’s Security Role

By BPN News Desk November 18, 2024

The Parliamentary Standing Committee on Defence convened in Chennai on Saturday to assess the Indian Coast Guard’s (ICG) performance in safeguarding India’s extensive maritime boundaries. Chaired by MP Radha Mohan Singh, the meeting included participation from senior officials of the Ministry of Defence (MoD) and ICG. Focus on Maritime Security The review

Defence National

Army Chiefs to Visit Nepal for Restart of Gorkha Recruitment

By BPN News Desk November 18, 2024

The Chief of Army Staff of India, General Manoj Pande, is set to visit Nepal to engage in discussions with his Nepalese counterpart, General Prabhu Ram Sharma, regarding the resumption of Gorkha recruitment into the Indian Army. The visit comes amid efforts to mend ties following a hiatus in recruitment caused by Nepal’s concerns over […]

Business Industry

Assam’s Rs 27,000 Crore Semiconductor Plant to Boost India’s Chip Industry

By BPN News Desk November 18, 2024

The Ministry of Electronics and IT has announced that Tata Semiconductor Assembly and Test Pvt Ltd’s Rs 27,000 crore semiconductor manufacturing plant in Morigaon, Assam, is on track to be completed by mid-2025. The facility is expected to revolutionize India’s semiconductor ecosystem with its ability to produce up to 48 million chips daily, leveraging advanced […]

National Politics

Rahul Gandhi Accuses PM Modi of Memory Loss, Pushes for Caste Census

By BPN News Desk November 18, 2024

Congress MP Rahul Gandhi on Saturday launched a sharp attack on Prime Minister Narendra Modi, suggesting he is showing signs of memory loss, similar to US President Joe Biden, who has often been in the spotlight for his verbal missteps. Speaking at a rally in Amravati, Maharashtra, Gandhi drew comparisons between the two leaders while […]

Cricket Sports

Langer Urges Fans to Cherish Kohli in Potential Final Australia Tour

By BPN News Desk November 18, 2024

Former Australian opener Justin Langer has urged fans to appreciate Indian batting maestro Virat Kohli, labeling him a “superstar” ahead of what might be his final tour of Australia. With the Border-Gavaskar Trophy set to begin on November 22 in Perth, Langer emphasized the enduring value of champions like Kohli, even as the Indian cricket […]

Economy National

Income Tax Department Warns of ₹10 Lakh Penalty for Undisclosed Foreign Asset

By BPN News Desk November 18, 2024

The Income Tax (I-T) Department has launched a compliance and awareness campaign urging taxpayers to disclose any foreign assets or income earned from abroad in their Income Tax Return (ITR) for the assessment year 2024-25. Failure to comply could result in a hefty penalty of ₹10 lakh under the Black Money (Undisclosed Foreign Income and […]