International

China Ends Gold Tax Incentive, Raising Retail Costs

By BPN News Desk November 1, 2025

The People’s Republic of China has ended a longstanding tax incentive for gold retailing, which had allowed certain gold sellers to offset value-added tax (VAT) on sales. Under the revised rules effective immediately, gold retailers will no longer receive the tax relief and may pass increased costs to consumers. Market Implications China is the world’s […]

International

China Launches Mission Including Its Youngest Astronaut

By BPN News Desk November 1, 2025

Shenzhou 21 launched from China’s Jiuquan Satellite Launch Centre and carried three crew members — Zhang Lu, Wu Fei and Zhang Hongzhang — to the Tiangong Space Station. Wu Fei, aged 32 at the time of launch, became the youngest Chinese astronaut to fly into space. The mission will relieve the preceding crew and mark […]

International

Trump Denies Planning Strikes Inside Venezuela

By BPN News Desk November 1, 2025

Donald Trump, President of the United States, stated on October 31 2025 that his administration is not considering military strikes inside Venezuela. When asked by reporters aboard Air Force One whether such action was planned, he responded simply, “No.” This comment contradicts previous statements in which he suggested that land-based operations could follow earlier U.S.

International

India-US Trade Talks in Advanced Stage

By BPN News Desk November 1, 2025

India and the United States are reportedly in “advanced stages” of discussing a bilateral trade agreement, according to Commerce & Industry Minister Piyush Goyal. He said teams from both countries are engaged in talks and remain focused on reaching a fair and equitable outcome. What the Deal Might Include Among the possible elements under discussion […]

International

Pakistan Faces Acute Water Risk After India’s Treaty Move

By BPN News Desk November 1, 2025

Pakistan faces a severe threat of water scarcity following Indus Waters Treaty-related tensions with India, a recent analysis warns. The country heavily depends on river flows from the Indus Basin for both agriculture and hydropower. Experts highlight that Pakistan’s current water storage infrastructure can buffer only about 30 days of flow, making it extremely vulnerable

Defence National

US and Russia Confirmed for India’s 2026 Naval Events

By BPN News Desk November 1, 2025

India’s Indian Navy will host three major international maritime events — the International Fleet Review (IFR), the Exercise MILAN and the Indian Ocean Naval Symposium (IONS) Conclave of Chiefs — in Visakhapatnam from February 15 to 25, 2026. More than 55 nations have reportedly indicated their willingness to take part. Officials have confirmed that the […]

International

Trump Hints at Resumption of U.S. Nuclear Testing

By BPN News Desk November 1, 2025

U.S. President Donald Trump has stirred fresh debate over nuclear weapons policy after suggesting that the United States may soon resume testing activities. Speaking to reporters aboard Air Force One, Trump declined to clarify whether his remarks referred to underground nuclear explosion tests or to non-explosive evaluations, saying only, “You’ll find out very soon. We’re

International

US Vice President J.D. Vance Defends Comments on Wife’s Faith

By BPN News Desk November 1, 2025

U.S. Vice President J.D. Vance responded on October 31 2025 to criticism over recent remarks regarding his wife, Usha Vance, and her religious background. At a publicly-attended event hosted by Turning Point USA, Vance had said that his wife, who was raised in a Hindu family, often accompanies him to church and that he “honestly […]

National

DGCA Allows Limited Flight-Duty Extension for Air India Boeing 787 Pilots

By BPN News Desk October 31, 2025

India’s aviation regulator, the Directorate General of Civil Aviation (DGCA), has granted a specific extension of flight duty limits for two-pilot operations of Air India’s Boeing 787 Dreamliners. Under the new provision, Flight Duty Time Limitation (FDTL) rises from 10 hours to 10 hours 30 minutes, and the Flight Duty Period (FDP) increases from 13 […]

Economy National

India’s Fiscal Deficit Hits 36.5% of FY26 Target

By BPN News Desk October 31, 2025

India’s fiscal deficit for the first half of the 2025-26 financial year stood at ₹5.73 lakh crore, or 36.5% of the full-year target, the government reported. The gap widened compared to the same period last year, indicating that revenue growth is lagging while expenditure remains elevated. Revenue and Expenditure Drivers Net tax receipts during April-September […]