Economy National

India’s Net GST Revenue Jumps 20.4% in May on Import Duty Surge

By BPN News Desk June 3, 2025

India recorded a sharp rise in net Goods and Services Tax (GST) revenue for May 2025, with collections growing 20.4% year-on-year to reach ₹1.73 trillion. This increase was largely driven by a surge in import tax collections and reduced refund outflows. Import Duties Push Revenue Growth Customs-related GST revenue saw a remarkable 72.9% year-on-year increase, […]

International

Gilgit-Baltistan Protesters Block CPEC Route Amid Rising Discontent

By BPN News Desk June 3, 2025

Thousands of residents across Gilgit-Baltistan have launched a large-scale blockade of the Karakoram Highway, cutting off one of the most strategic arteries of the China-Pakistan Economic Corridor (CPEC). The protest, entering its third day, is a direct response to the Pakistani federal government’s trade restrictions and customs delays at the Khunjerab Pass, which

Expert Opinions Opinion

The West’s Real Endgame in the Russia-Ukraine Conflict: A Cold Peace, Not a Just One

By BPN News Desk June 3, 2025

When Russia launched its full-scale invasion of Ukraine in February 2022, the world expected either a swift collapse or a long grind toward Ukrainian liberation backed by Western power. What has unfolded instead is a different kind of war: one where fighting continues without finality, diplomacy proceeds without trust, and where the Western powers increasingly […]

International

North Korea Upgrades Military with Russian Aid Amid Ukraine War

By BPN News Desk June 3, 2025

North Korea is undergoing a rapid military transformation, largely enabled by its growing partnership with Russia amid the ongoing Ukraine conflict. This alliance, formed out of mutual necessity, is reshaping Pyongyang’s defense capabilities and giving it unprecedented access to advanced technology and frontline combat experience. Military Barter: Artillery for Tech As

International

Sikh Groups Warn Labour of Boycott Over Blue Star Inquiry Delay

By BPN News Desk June 3, 2025

The Sikh Federation UK has warned of a widespread campaign to boycott Labour Party politicians if Prime Minister Keir Starmer’s government fails to announce a judge-led public inquiry into Britain’s role in the 1984 Operation Blue Star by the end of July. The move could escalate tensions with the Sikh diaspora ahead of the next […]

International

Lockheed Martin Stock Flat Despite India-Pak Conflict, F-16 Questions Loom

By BPN News Desk June 3, 2025

Lockheed Martin, one of the world’s largest defense contractors and manufacturer of the F-16 fighter jet, witnessed near-zero returns on its stock in May 2025. Despite geopolitical tensions and the deployment of its aircraft in the India-Pakistan military standoff earlier in the month, the company’s share price inched up by just 0.97%, closing at $482.38 […]

International

Iran Likely to Reject U.S. Nuclear Deal Over Enrichment, Sanctions Terms

By BPN News Desk June 3, 2025

Iran is expected to formally reject a recent U.S. nuclear proposal, calling the plan one-sided and dismissing it as a diplomatic non-starter. The proposal, relayed through Omani mediation, has reportedly failed to address Iran’s long-standing demands related to uranium enrichment rights and immediate sanctions relief. Iran Firm on Uranium Enrichment Rights At the

Business Industry

Reliance Infra Eyes ₹3,000 Cr in Defence Exports by FY27

By BPN News Desk June 2, 2025

Reliance Infrastructure Ltd has set an ambitious target of achieving ₹3,000 crore in defence exports within the next two years, marking a major expansion into global defence supply chains. The company, part of the Anil Ambani-led Reliance Group, is betting big on large-calibre artillery ammunition and integrated explosives manufacturing to become one of India’s top […]

National

Supriya Sule’s Reunification Call Could Redefine NCP and Maharashtra Politics

By BPN News Desk June 2, 2025

In what could become a turning point for Maharashtra’s political future, Supriya Sule is expected to announce her stance on the reunification of the Nationalist Congress Party’s two factions next week. Her decision, likely to be made public around June 10—the party’s foundation day—may have sweeping implications for political alliances across the state. The 2023 […]

Business Industry

India’s iPhone Production Lags 10x Behind China’s Growth Pace

By BPN News Desk June 2, 2025

India’s ambition to become a global iPhone manufacturing hub is advancing steadily but at a pace far behind China’s historical trajectory. Current data reveals that India is building iPhones nearly ten times slower than China did during its corresponding growth period, raising key questions about infrastructure readiness and strategic planning. India’s Production