GST
Business Finance

AI Helps Detect ₹74,782 Crore GST Fraud

By BPN News Desk
The Central government detected fake Input Tax Credit claims worth ₹74,782 crore across 30,162 cases during FY26, Parliament was informed. Authorities attributed the sharp increase to stronger artificial intelligence tools, data analytics and invoice-level verification rather than solely to a rise in GST fraud. GST Fraud Detection Rises Sharply The value of fraudulent ITC
pepsi
Business

India Orders Energy Drink Label Crackdown

By BPN News Desk
India’s food safety regulator has directed manufacturers of high-caffeine beverages to stop marketing their products as “energy drinks”, rejecting industry requests to delay the labelling crackdown. Companies have been given 90 days to comply with the order. FSSAI Restricts Energy Drink Labelling The Food Safety and Standards Authority of India said there is no recognised
Paradip Port
Business Industry

Industrial Output Grows 7.3% in June

By BPN News Desk
India’s industrial production expanded by 7.3% year-on-year in June 2026, recording its fastest growth in 22 months. The improvement was driven by stronger manufacturing activity, higher electricity generation and a recovery in mining output. Manufacturing Growth Drives Industrial Output Manufacturing production rose by 7.8% in June, accelerating from the revised 5.2%
HDFC
Business Finance

HDFC Bank Fines CEO, CFO in MSRDC Case

By BPN News Desk
Saved. Sources will remain fully hidden in this chat unless attribution is essential for an exclusive report. HDFC Bank has imposed a penalty of ₹1 lakh each on three senior executives, including its managing director and chief executive officer, following an internal review of deposit-related arrangements involving the Maharashtra State Road Development Corporation. HDFC
idfc
Business Finance

IDFC FIRST Bank Clears ₹20,000 Crore Raise

By BPN News Desk
IDFC FIRST Bank’s board has approved an enabling proposal to raise up to ₹20,000 crore through equity and debt instruments, providing the lender with greater flexibility to support growth and maintain capital adequacy. IDFC FIRST Bank Fundraising Plan The private-sector lender plans to raise up to ₹7,500 crore through equity securities. The capital may be […]
iphone
Business

iPhone 18 Pro May Launch in September

By BPN News Desk
Apple is expected to introduce the iPhone 18 Pro and iPhone 18 Pro Max in September 2026, although the company has not officially confirmed the launch date or specifications. Industry reports suggest the premium models could receive upgrades to their displays, processors, cameras and connectivity features. iPhone 18 Pro September Launch Apple is reportedly preparing […]
Gautam-Adani
Business

Adani Denies Deal Behind US Case Dismissal

By BPN News Desk
Gautam Adani has denied that any promise, agreement or benefit influenced the US Department of Justice’s decision to seek the dismissal of criminal charges against him and seven others. The industrialist made the statement in a sworn affidavit filed before a federal court in New York on July 15. Adani Denies Quid Pro Quo in […]