Economy National

India Falls Behind UK in IMF GDP Ranking

By BPN News Desk April 16, 2026

India is projected to rank as the world’s sixth-largest economy in nominal dollar terms in the IMF’s latest outlook, slipping behind the United Kingdom after previously moving ahead of it. The change appears to be driven more by statistical revisions and currency movement than by any sharp weakening in India’s underlying growth story. India Economy […]

International

LeT Co-Founder Amir Hamza Shot at in Lahore

By BPN News Desk April 16, 2026

Lashkar-e-Taiba co-founder and senior ideologue Amir Hamza was shot at in Lahore on April 16 in what reports describe as the second attack on him within a year. He was reportedly targeted by unidentified gunmen while returning from a local television station and was later taken to hospital. Amir Hamza Shooting in Lahore According to […]

International

Sanctioned Tankers Enter Gulf Despite Blockade

By BPN News Desk April 16, 2026

Sanctioned Tankers Enter Gulf Despite Blockade Two US-sanctioned supertankers have entered the Gulf through the Strait of Hormuz despite an American blockade targeting vessels linked to Iranian oil trade. The development highlights the difficulty of fully enforcing maritime restrictions even as Washington tries to tighten pressure on Tehran after recent talks failed to

International

US, Iran Weigh Truce Extension on Hormuz

By BPN News Desk April 16, 2026

The United States and Iran are considering extending their current ceasefire by another two weeks as mediators try to keep negotiations alive and avoid a fresh round of fighting. The effort comes as tensions remain high around the Strait of Hormuz, where shipping restrictions continue to disrupt global energy supplies and keep markets nervous. US-Iran […]

International

US Pushes Iran Talks Amid Hormuz Tensions

By BPN News Desk April 16, 2026

Diplomatic efforts around the US-Iran conflict intensified on April 16, with Washington signalling that another round of talks could be held soon even as military and economic pressure on Tehran continues. The latest developments came amid continued tension in the Strait of Hormuz, where shipping disruption and sanctions enforcement have kept global markets on edge. […]

International

IMF Warns High Oil Prices Could Slow Growth

By BPN News Desk April 16, 2026

The International Monetary Fund has warned that the war-driven rise in oil prices could weaken global growth and increase recession risks if the shock continues for a longer period. The concern comes as crude markets remain under pressure from conflict in the Middle East and disruption around key export routes. IMF Global Growth Warning In […]

International

US Ends Oil Waivers, India Hit by Supply Risk

By BPN News Desk April 16, 2026

The United States has decided not to renew temporary sanctions waivers that had allowed limited deliveries of Russian and Iranian oil already loaded before earlier cut-off dates. The move tightens pressure on energy buyers, including India, at a time when global crude markets remain sensitive to disruption in the Strait of Hormuz. US Sanctions Waiver […]

International

Putin To Visit India For BRICS Summit

By BPN News Desk April 15, 2026

Russian President Vladimir Putin is set to visit India for the upcoming BRICS summit, giving New Delhi another major high-level diplomatic engagement this year. The visit will mark Putin’s second trip to India in less than a year and comes at a time when BRICS is expanding its global profile amid growing geopolitical and economic […]

Defence

GE-HAL F414 Engine Deal Moves Closer

By BPN News Desk April 15, 2026

India and the United States have moved closer to a major fighter jet engine co-production arrangement, with GE Aerospace and Hindustan Aeronautics Limited reaching agreement on technical matters related to the F414 engine programme. The development is being described as a significant step toward manufacturing advanced fighter jet engines in India and deepening defence

International

Trump Signals New Iran Talks As War Widens

By BPN News Desk April 15, 2026

The war involving Iran, the United States and Israel remained volatile on April 15 as attention shifted to a possible second round of diplomatic talks and fresh military threats across the region. While US President Donald Trump signalled that another round of talks with Iran could take place soon, tensions continued to rise as Israel […]