International

U.S. Halts FCPA Enforcement: European Businesses Face New Compliance Challenges

By BPN News Desk February 26, 2025

The United States’ recent decision to suspend enforcement of the Foreign Corrupt Practices Act (FCPA) has significant implications for international business operations, particularly affecting European companies. This move signals a shift away from the U.S.’s traditional role in global anti-corruption efforts, raising concerns among European prosecutors about

Government Policies

Former CJI N.V. Ramana Raises Legal Concerns Over ‘One Nation, One Election’ Proposal

By BPN News Desk February 26, 2025

In a recent session of the Parliamentary panel examining the “One Nation, One Election” proposal, former Chief Justice of India, N.V. Ramana, expressed concerns regarding the legal viability of conducting simultaneous elections across the country. Justice Ramana highlighted that implementing such a system would necessitate extensive constitutional amendments,

Trade

India Considers Extending Import Restrictions on Steelmaking Raw Materials

By BPN News Desk February 26, 2025

The Indian government is considering extending import restrictions on low-ash metallurgical coke (met coke) beyond June 2025 to encourage domestic sourcing by steel manufacturers. In December 2024, India imposed country-specific quotas, limiting total met coke imports to 1.4 million metric tons from January to June 2025. This move aimed to protect local producers from a

State News

J&K High Court Orders Removal of Toll Plazas Within 60 Km of NH-44

By BPN News Desk February 26, 2025

The Jammu and Kashmir and Ladakh High Court, led by Chief Justice Tashi Rabstan and Justice M.A. Chowdhary, has issued a directive emphasizing that toll plazas should not function merely as revenue-generating mechanisms. The court ordered that no toll plazas be established within 60 kilometers of National Highway-44 (NH-44) and mandated the removal of any […]

Law & Order National

Supreme Court Upholds Free Market in Internet Pricing

By BPN News Desk February 25, 2025

The Supreme Court has dismissed a petition seeking regulation of internet service prices in India. The bench, led by Chief Justice Sanjiv Khanna and Justice Sanjay Kumar, emphasized the importance of market dynamics in determining service costs. Petitioner’s Argument for Price Regulation The petitioner, Rajat, argued that the absence of price regulation allows

Business Trade

India’s Russian Oil Imports Reach €49 Billion Amid Ongoing Ukraine Conflict

By BPN News Desk February 25, 2025

In the third year of the ongoing Ukraine conflict, India has significantly increased its importation of Russian crude oil, totaling €49 billion. This substantial rise is attributed to the availability of discounted prices, prompting India to shift its traditional oil sourcing from the Middle East to Russia. Impact of the Ukraine Conflict on Global Energy […]

North India State News

Delhi Court Sentences Sajjan Kumar to Life Imprisonment

By BPN News Desk February 25, 2025

A Delhi court has sentenced former Congress Member of Parliament, Sajjan Kumar, to life imprisonment for his involvement in the 1984 anti-Sikh riots. The verdict comes after decades of legal proceedings concerning the violent events that followed the assassination of then-Prime Minister Indira Gandhi. Background of the 1984 Anti-Sikh Riots The anti-Sikh riots erupted in

Industry

Global Demand for Indian Drone and Anti-Drone Systems Soars

By BPN News Desk February 25, 2025

Indian defense manufacturers are witnessing a surge in global demand for their drone and anti-drone technologies, with countries from Armenia to the United States expressing significant interest. This trend was prominently showcased at the recent Aero India 2025 air show, where unmanned platforms outnumbered traditional fighter jets, highlighting a shift towards autonomous

Cricket

Nasser Hussain and Michael Atherton: India’s UAE Experience Boosts Champions Trophy Prospects

By BPN News Desk February 25, 2025

Former England cricket captains Nasser Hussain and Michael Atherton have highlighted India’s significant advantage in the upcoming ICC Champions Trophy, scheduled to be held in Dubai. They attribute this edge to India’s extensive experience playing in the United Arab Emirates (UAE), which has become a de facto home ground for the team in recent years. […]

Business Industry

LIC Receives GST Demand Notice of ₹57.2 Crore

By BPN News Desk February 25, 2025

The Life Insurance Corporation of India (LIC) has been served a Goods and Services Tax (GST) demand notice amounting to ₹57.2 crore. The notice, issued by the Assistant Commissioner in Delhi, pertains to an alleged excess claim of input tax credit (ITC). Details of the Alleged Excess ITC Claim According to the notice, LIC is […]