Business

Trump To Approve TikTok Deal Thursday

By BPN News Desk September 25, 2025

President Donald Trump is expected to sign off on a deal for TikTok on Thursday, a White House source has confirmed. The move comes after months of negotiation over the app’s ownership and operations in the U.S. Divestment And National Security The deal is expected to involve divestment of TikTok’s U.S. operations from its Chinese […]

Business

India Imposes Silver Import Curbs To March 2026

By BPN News Desk September 25, 2025

The Government of India has changed the import policy for silver and certain silver jewellery items, making them “Restricted” instead of “Free”. This restriction will remain in place until March 31, 2026. Reason Behind the Move Officials say the change was prompted by a sharp rise in silver imports, especially from ASEAN countries like Thailand. […]

Business

OpenAI-Nvidia $100B Deal Sealed via Last-Minute Talks

By BPN News Desk September 24, 2025

A high-stakes deal valued at USD 100 billion between OpenAI and Nvidia was finalized after private discussions between OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang. Reports suggest much of the negotiation was wrapped up rapidly during final meetings. Deal Structure Under the agreement, Nvidia will supply cutting-edge data center chips to OpenAI while […]

Business

Paytm Unit Joins JioBlackRock to Launch Equity Fund

By BPN News Desk September 24, 2025

Paytm Money, the investment arm of fintech company Paytm, is teaming up with JioBlackRock to roll out a new active equity fund. It has been named the JioBlackRock Flexi Cap Fund and will be offered through the Paytm Money app. (This merger of interests between Paytm and JioBlackRock is confirmed by multiple reports.) What the […]

Business

Prosus Plans $350M Investment in Rapido

By BPN News Desk September 24, 2025

Prosus, the global investment firm, is set to put around $350 million into Rapido, the bike-taxi and ride-hailing platform, through a mix of fresh capital and secondary share purchases. Reason Behind the Move The investment follows Swiggy’s decision to exit completely from Rapido, selling its ~12% stake to resolve conflict issues since Rapido is entering […]

Business

Gautam Adani Near Asia’s Richest, Gains $13B

By BPN News Desk September 24, 2025

Gautam Adani, chairman of the Adani Group, has added nearly $13 billion to his fortune in recent weeks, driven by a rally in group company shares. This sharp increase has strengthened his position as one of the wealthiest individuals in Asia and globally. Race With Ambani Despite the gains, Adani still trails Reliance Industries chairman […]

Business

US Deal: Oracle to License TikTok Algorithm

By BPN News Desk September 23, 2025

The Trump administration has laid out plans for Oracle to manage the recommendation algorithm for U.S. users of TikTok, under a framework agreed with ByteDance, TikTok’s Chinese parent company. Oracle’s Role in Algorithm Oversight Under the proposed deal, Oracle will receive a copy of TikTok’s recommendation algorithm. That copy will be retrained using U.S. user […]

Business Finance

Govt Poised to Exceed ₹47,000 Crore Disinvestment Target

By BPN News Desk September 23, 2025

DIPAM Secretary Arunish Chawla has said that the government is on track to exceed its disinvestment target of ₹47,000 crore for the current fiscal year. Speaking at the Network18 Reforms Reloaded summit in New Delhi, he expressed confidence in surpassing the goal. Progress So Far By July 2025, around 33% of the target had already […]

Business Finance

Karnataka Says States to Lose ₹1.5 Lakh Crore from GST 2.0

By BPN News Desk September 23, 2025

Karnataka Revenue Minister Krishna Byre Gowda has warned that the new GST 2.0 structure could cost states between ₹1 lakh crore and ₹1.5 lakh crore in lost revenue. Speaking to NDTV, he said the changes would unfairly burden state governments. Centre vs States: Who Bears the Burden? According to Gowda, the Centre is projected to […]

Business Finance

GST Reforms to Give ₹2 Lakh Crore to People

By BPN News Desk September 20, 2025

Finance Minister Nirmala Sitharaman announced that the GST 2.0 reforms will put nearly ₹2 lakh crore into the hands of Indian citizens. She said this amount won’t remain with the government but will return to the economy through lower prices, higher consumption, and more liquidity for households. Key Changes Under GST 2.0 The GST slabs […]