Economy National

India’s Nominal GDP Nears $4 Trillion Mark, Projected to Surpass Milestone by FY25

By BPN News Desk March 1, 2025

India’s nominal Gross Domestic Product (GDP) has reached ₹331 lakh crore, approximately $3.94 trillion, reflecting the nation’s steady economic expansion. This growth trajectory positions India to surpass the $4 trillion mark by the end of the current fiscal year (FY25). Economic Growth Trajectory Over the past decade, India has risen from the tenth-largest to

Defence National

Kalyani’s Export of 100 Artillery Guns Strengthens India’s Defense Export Profile

By BPN News Desk March 1, 2025

Kalyani Strategic Systems Ltd. (KSSL), a subsidiary of Bharat Forge Ltd., has reached a significant milestone by exporting 100 advanced artillery guns globally. This achievement highlights India’s growing influence in the international defense sector and its ability to manufacture and deliver high-quality military equipment to global markets. Strategic Partnership

Business Finance

India’s GST Collections Rise 9.1% to ₹1.84 Lakh Crore in February

By BPN News Desk March 1, 2025

India’s Gross Goods and Services Tax (GST) collections for February 2025 recorded a notable increase of 9.1% compared to the same month last year, reaching approximately ₹1.84 lakh crore. This consistent rise highlights the resilience of the economy and the efficiency of tax administration. Breakdown of GST Revenues The total GST revenue collected in February […]

Economy National

RBI Reports 98.18% Return of ₹2,000 Banknotes

By BPN News Desk March 1, 2025

The Reserve Bank of India (RBI) has confirmed that 98.18% of the ₹2,000 denomination banknotes have been returned to the banking system. As of February 28, 2025, ₹6,471 crore worth of these high-denomination notes remain in circulation. Withdrawal Announcement and Implementation The RBI had announced the withdrawal of ₹2,000 banknotes from circulation in May 2023 […]

East India State News

Militants Target Meitei Religious Site in Imphal East

By BPN News Desk March 1, 2025

A group of suspected Kuki militants fired gunshots at a Meitei religious site in Imphal East, Manipur. The incident occurred in the morning hours when devotees had gathered for prayers. The attack, originating from the nearby hills, created panic among those present. Fortunately, no injuries were reported. Background of Ethnic Tensions in Manipur Manipur has […]

Economy National

India’s Path to High-Income Status by 2047: World Bank Insights

By BPN News Desk March 1, 2025

India has the potential to achieve high-income status by 2047, according to a new report outlining the necessary reforms and strategies. To reach this milestone, the country must sustain an annual GDP growth rate of 7.8% over the next two decades, building on its historical growth trajectory. The report highlights the crucial need for structural […]

Business Industry

India’s Economic Recovery and Manufacturing Sector Slowdown

By BPN News Desk March 1, 2025

India’s economy has shown signs of recovery, with GDP growth improving in the October-December quarter compared to the previous period. This rebound has been driven by increased government and consumer spending, alongside a strengthening rural economy. However, despite these positive trends, concerns persist about the sluggish growth in the manufacturing sector. Persistent

Defence National

DRDO Unveils Pinaka III MBRL with 120km Range

By BPN News Desk March 1, 2025

India has introduced the latest advancement in its artillery systems with the unveiling of the Pinaka III Multi-Barrel Rocket Launcher (MBRL) system. This new variant comes with an extended range of 120 kilometers, significantly enhancing long-range strike capabilities. The latest upgrade strengthens India’s defense preparedness by providing precision targeting over

Science Space & Astronomy

ISRO to Resume SpaDeX Mission Experiments from March 15

By BPN News Desk March 1, 2025

ISRO is set to resume its Space Docking Experiment (SpaDeX) mission on March 15, 2025, marking a critical phase in its efforts to develop autonomous docking technologies. The upcoming tests will focus on the separation and re-docking of the Chaser and Target satellites, a significant step toward enhancing India’s space capabilities. SpaDeX Mission and Its […]

North India State News

Avalanche in Uttarakhand’s Chamoli District: Rescue Operations Underway

By BPN News Desk March 1, 2025

A massive avalanche struck a Border Roads Organisation (BRO) camp near Mana village in Uttarakhand’s Chamoli district, close to the India-China border. The incident, which occurred in the early hours of February 28, buried 55 workers inside eight containers and a shed, leaving many trapped under snow and debris. Immediate Rescue Efforts Rescue operations were […]