Business Finance

I‑T Dept Raids 200+ Premises Over Fake Deductions

By BPN News Desk July 14, 2025

The Income Tax Department has launched a large-scale crackdown on bogus claims made in income tax returns by individuals across India. On July 14, over 200 premises were searched as part of an operation targeting fraudulent deductions claimed under sections like 80G (donations), 80E (education loans), medical reimbursements, and other exemptions. Bogus Refund Rackets

Cricket Sports

England Defeat India By 22 Runs At Lord’s

By BPN News Desk July 14, 2025

England defeated India by 22 runs in a closely fought third Test match at Lord’s, taking a 2–1 lead in the five-match series. The match ended on Day 5, with India falling short while chasing a target of 193 runs. Jadeja Leads Resistance India’s hopes were kept alive by Ravindra Jadeja, who remained unbeaten on […]

International

Trump Threatens 100% Tariffs On Russia

By BPN News Desk July 14, 2025

U.S. President Donald Trump has warned that his administration will impose 100% tariffs on all Russian exports if Russia does not agree to a Ukraine ceasefire within 50 days. The ultimatum also includes secondary sanctions on countries that continue to import Russian oil, marking a sharp escalation in economic pressure on Moscow. Speaking at a […]

National Politics

Lok Sabha Adopts Digital Attendance System

By BPN News Desk July 14, 2025

From the upcoming Monsoon Session starting July 21, Lok Sabha MPs will mark attendance electronically from their seats, rather than signing in at lobby registers. The new system uses Multimedia Devices (MMDs) installed at each seat to streamline the process. Speaker Aims To Reduce Lobby Congestion Speaker Om Birla has driven the change to reduce […]

Business Finance

PSBs’ Sub‑Prime Lending Rises With Govt Backing

By BPN News Desk July 14, 2025

Public sector banks (PSBs) in India are seeing a steady rise in sub‑prime lending, driven by increased reliance on government-backed credit guarantee schemes. These loans are primarily extended to micro, small, and medium enterprises (MSMEs), startups, and low-income individual borrowers who typically lack sufficient collateral or formal credit history. Credit Confidence

International

India Gears Up as US Tariffs Boost Exports

By BPN News Desk July 14, 2025

India is set to benefit from higher U.S. import duties on countries like China, Canada, and Mexico, says NITI Aayog. A recent report shows that in 22 of the top 30 product categories, India’s goods are now more competitive in the U.S. market due to tariff differences—covering sectors like chemicals, textiles, electronics, seafood, and pharmaceuticals. […]

International

Iran Seeks Clarity Before Resuming US Nuclear Talks

By BPN News Desk July 14, 2025

Iran’s Foreign Ministry has confirmed that discussions with the United States on a new nuclear agreement have not been scheduled. A spokesperson stated there is no agreed time, date or place for talks to resume, and Tehran will only proceed once it is confident the negotiations will be effective. Security Guarantees Needed Iranian officials emphasised […]

Science Space & Astronomy

Axiom‑4 Crew, Including Shukla, Undocks From ISS

By BPN News Desk July 14, 2025

India’s Group Captain Shubhanshu Shukla and three fellow astronauts from the Axiom‑4 mission undocked from the International Space Station (ISS) on July 14, marking the start of their return journey to Earth aboard the SpaceX Crew Dragon “Grace” capsule. The spacecraft separated from the ISS at 4:35 PM IST. Splashdown in the Pacific Ocean, off […]

Law & Order National

SC Flags Divisive Content, Urges Self‑Regulation

By BPN News Desk July 14, 2025

The Supreme Court of India has called on citizens to exercise greater self-restraint on social media, warning that unchecked divisive content can harm social harmony. The Court reaffirmed the constitutional right to freedom of speech and expression, but added that this right comes with responsibilities. During a recent hearing, the bench observed that the nature […]

National

DGCA Orders Boeing Fuel Switch Checks

By BPN News Desk July 14, 2025

The Directorate General of Civil Aviation (DGCA) has directed all Indian airlines operating Boeing 787 and select Boeing 737 aircraft to inspect the fuel control switch locking mechanism by July 21, 2025. This action follows a recent investigation into the Air India Flight 171 crash, where both engines lost power shortly after takeoff due to […]