International

India Considers Reducing Tariffs on $23 Billion US Imports

By BPN News Desk March 25, 2025

India is exploring a proposal to reduce import tariffs on over $23 billion worth of goods from the United States as part of efforts to shield approximately $66 billion in Indian exports from looming retaliatory tariffs. The potential reduction in duties comes amid increasing trade tensions and is part of a strategic move to safeguard […]

Business Industry

India to Scrap 6% ‘Google Tax’ on Digital Advertising

By BPN News Desk March 25, 2025

The Indian government has proposed to eliminate the 6% equalisation levy, commonly known as the “Google tax,” on online advertising services provided by non-resident tech companies. Effective from April 1, 2025, this move comes as part of amendments to the Finance Bill and is intended to reduce tax-related friction with foreign firms and ease the […]

Business Finance

India Simplifies Process to Reclaim ₹78,000 Crore Deposits

By BPN News Desk March 25, 2025

In a significant move to make banking more accessible and transparent, Indian banks will soon roll out a standardized process to help account holders and their legal heirs reclaim unclaimed deposits worth over ₹78,000 crore. The initiative introduces uniform application and declaration forms, along with a fixed set of required documents, aimed at streamlining the […]

National

India Reaffirms Jammu and Kashmir as Integral Part Amid UN Dispute

By BPN News Desk March 25, 2025

India has firmly dismissed Pakistan’s remarks regarding Jammu and Kashmir during a session of the United Nations General Assembly, reiterating its consistent stance that the region “will always be an integral part of India.” The statement came in response to Pakistan raising the Kashmir issue once again in an international forum, a move India has […]

International

EU Unveils €800 Billion Defense Plan to Bolster Security

By BPN News Desk March 25, 2025

The European Union has unveiled a comprehensive €800 billion defense plan to significantly upgrade its military preparedness by 2030. The initiative is a direct response to rising geopolitical tensions, particularly in light of the ongoing Russia-Ukraine conflict. With Russia deemed “a fundamental threat to Europe’s security for the foreseeable future,” the EU aims to

Defence

Indian Army Advances with Kamikaze Drones and Autonomous UAVs

By BPN News Desk March 25, 2025

The Indian Army is significantly enhancing its combat capabilities by integrating kamikaze drones, also known as loitering munitions, into its operations. These drones are designed to hover over a designated area, identify targets autonomously, and strike with precision, sacrificing themselves in the process. This new-age weapon system offers real-time tactical

Economy National

IMF Highlights Resilience and Diversity in India’s Financial System

By BPN News Desk March 25, 2025

India’s financial system has been recognized for its resilience and diversity in a recent assessment by the International Monetary Fund (IMF). The report, part of the Financial Sector Assessment Program (FSAP), emphasized that India’s rapid economic expansion and strong crisis management measures have contributed significantly to the robustness of its financial

Defence National

HAL Seeks Private Partners for AMCA Fighter Jet Production

By BPN News Desk March 25, 2025

Hindustan Aeronautics Limited (HAL) has taken a major step towards indigenous fifth-generation fighter jet production by initiating the process to form a joint venture with four Indian private sector companies. The project involves manufacturing the Advanced Medium Combat Aircraft (AMCA), a stealth-capable, multi-role fighter aircraft developed to enhance India’s air

Economy National

Rupee Erases 2025 Losses Amid Strong Dollar Inflows

By BPN News Desk March 25, 2025

The Indian rupee has rebounded strongly, wiping out all its losses for the year 2025. On Monday, the rupee surged to a session high of 85.50 before settling at 85.6350 against the U.S. dollar, registering a 0.4% gain for the day. This recovery has been primarily driven by sustained dollar inflows from foreign financial institutions, […]

Economy National

Ajay Seth Appointed as India’s New Finance Secretary

By BPN News Desk March 25, 2025

Ajay Seth, a senior Indian Administrative Service (IAS) officer from the 1987 batch of the Karnataka cadre, has officially taken over as the new Finance Secretary of India. His appointment follows the transition of Tuhin Kanta Pandey, who recently assumed the role of chairperson at the Securities and Exchange Board of India (SEBI). The Appointments […]