Government Policies National

GST on Insurance Premiums May Be Reduced to 5% with Input Tax Credit

By BPN News Desk April 18, 2025

The Goods and Services Tax (GST) Council is contemplating a significant reduction in the GST rate on health and life insurance premiums from the current 18% to 5%, while retaining the benefit of input tax credit (ITC). This proposal aims to make insurance more affordable for consumers, particularly middle- and lower-income households, without compromising the […]

Uncategorized

Supreme Court Enforces ₹2 Lakh Cash Limit to Tackle Black Money

By BPN News Desk April 17, 2025

In a landmark move to tighten financial discipline and curb black money circulation, the Supreme Court has ordered the strict enforcement of the ₹2 lakh cap on cash transactions. The directive is aimed at plugging loopholes in the current system that allow large, unaccounted cash dealings to bypass scrutiny, particularly in property and legal transactions. […]

Law & Order National

VP Dhankhar Criticizes Supreme Court’s Directive on Presidential Timelines

By BPN News Desk April 17, 2025

Vice President Jagdeep Dhankhar has raised serious concerns over the Supreme Court’s recent judgment that set a three-month deadline for the President of India to act on bills forwarded by state governors. In a strongly worded statement, he questioned whether the judiciary has the constitutional authority to impose timelines on the highest constitutional office.

Science Space & Astronomy

NASA Confirms Solar Wind Generates Water on the Moon

By BPN News Desk April 17, 2025

In a scientific breakthrough that could reshape future space missions, NASA has confirmed that solar wind—the constant stream of charged particles emitted by the Sun—can generate water on the Moon’s surface. This discovery significantly enhances the prospects for sustainable lunar exploration, offering a potentially continuous source of hydration in otherwise barren

Cricket Sports

BCCI Removes Three from Gambhir’s Support Staff Post Border-Gavaskar Loss

By BPN News Desk April 17, 2025

In a significant move following India’s defeat in the recent Border-Gavaskar Trophy, the Board of Control for Cricket in India (BCCI) has terminated the services of three members from Gautam Gambhir’s support staff. This decision comes amid concerns over dressing room dynamics and the team’s performance.​ Background and Reasons for Dismissal The

International

North Korea Constructs Largest-Ever Warship, Signaling Naval Expansion

By BPN News Desk April 17, 2025

North Korea is constructing its largest-ever warship, marking a significant shift in its military strategy and naval modernization ambitions. Satellite imagery has revealed the new vessel under development at the Nampo Naval Shipyard, showcasing Pyongyang’s intent to strengthen its maritime footprint despite economic hardships and international sanctions. Massive

Defence National

Indian Army Showcases Drone and Robotic Mule Integration in Arunachal Pradesh

By BPN News Desk April 17, 2025

In a significant step towards future-ready warfare, the Indian Army has successfully demonstrated the integration of drones and robotic mules during an operational exercise in Arunachal Pradesh. This technological deployment aims to strengthen logistical support, battlefield surveillance, and troop mobility in the demanding terrain of the eastern Himalayan region.

Economy National

RBI Sets ₹9,221 Redemption Price for SGB 2017-18 Series III

By BPN News Desk April 17, 2025

The Reserve Bank of India (RBI) has declared a premature redemption price of ₹9,221 per unit for the Sovereign Gold Bond (SGB) 2017-18 Series III, set for early redemption on April 16, 2025. Investors who purchased these bonds at the issue price of ₹2,964 per gram in October 2017 will realize an absolute return of […]

Business Finance

India Allows Bad Loan Securitisation to Deepen Junk Debt Market

By BPN News Desk April 17, 2025

In a bold regulatory shift, India has introduced a framework allowing the securitisation of bad loans, aiming to deepen its junk debt market and attract new investor participation. This move marks a significant development in the country’s ongoing strategy to manage its massive pool of non-performing assets (NPAs) while revitalizing debt markets. What the New […]

Economy National

India to Become World’s 3rd Largest Economy by 2026: NITI Aayog

By BPN News Desk April 17, 2025

India is on track to become the world’s third-largest economy by 2026, surpassing both Germany and Japan. According to estimates based on current growth trends and economic reforms, India—currently the fifth-largest global economy—is expected to touch the $5 trillion mark in GDP (in current dollar terms) within the next two years. Growth Driven by Reforms […]