Economy National

India’s GDP Growth to Reach 6.5% in FY25 and FY26: EY Report

By BPN News Desk December 26, 2024

India’s economy is expected to sustain robust growth, with GDP projected at 6.5% for the fiscal years 2025 and 2026, according to a report by Ernst & Young (EY). The forecast underscores India’s position as a global economic leader, fueled by strong domestic demand, structural reforms, and technological advancements. Key Drivers of Growth EY’s report […]

National

PM Modi Honors Vajpayee’s Legacy on Birth Anniversary

By BPN News Desk December 25, 2024

Prime Minister Narendra Modi paid tribute to former Prime Minister Atal Bihari Vajpayee, lauding him as the visionary leader who steered India into the 21st century. On the occasion of Vajpayee’s birth anniversary, celebrated as Good Governance Day, PM Modi reflected on Vajpayee’s transformative contributions to India’s political and economic landscape. A

National

Government Utilizes 37.28% of Budgeted Effective Capex in H1FY25

By BPN News Desk December 25, 2024

The Indian government has announced that it utilized 37.28% of the budgeted effective capital expenditure (capex) for FY25 during the first half of the fiscal year (H1FY25). The Ministry of Finance shared the details, highlighting the government’s continued focus on infrastructure development and other growth-enhancing sectors. Focus on Infrastructure and Growth The

National

Kargil Hero Tashi Namgyal Dies in Ladakh

By BPN News Desk December 24, 2024

Tashi Namgyal, the unsung hero of the 1999 Kargil War, has passed away in his native Ladakh at the age of 84. Namgyal, a shepherd, played a pivotal role in alerting the Indian Army to the presence of Pakistani infiltrators in the Kargil region, a move that significantly influenced the course of the war. A […]

National

India Launches Critical Minerals Mission for Energy Transition

By BPN News Desk December 23, 2024

In a strategic move to support its energy transition and accelerate the production of electric vehicles (EVs), India has announced the launch of a Critical Minerals Mission. This initiative aims to ensure the sustainable and secure supply of essential minerals required for green technologies, including EV batteries, renewable energy systems, and advanced electronics. Key

Defence National

India Strengthens Maritime Security with Advanced Coast Guard Vessels

By BPN News Desk December 23, 2024

In a significant boost to India’s maritime defense, Mazagon Dock Shipbuilders Limited (MDL) in Mumbai has initiated the production of 20 advanced Indian Coast Guard vessels. This move underlines India’s commitment to strengthening its coastal security and enhancing its defense capabilities amid evolving maritime challenges. Features of the Advanced Vessels The

Law & Order National

Gurdaspur Encounter Neutralizes Khalistan Operatives

By BPN News Desk December 23, 2024

In a significant operation, security forces in Gurdaspur, Punjab, neutralized three members of the Khalistan Zindabad Force (KZF) following a grenade attack. The incident occurred on December 21, as the suspects launched explosives at a police checkpoint, triggering an intense gunfight. Details of the Incident According to officials, the operatives targeted security

National

Rozgar Mela: PM Modi Distributes 71,000 Appointment Letters

By BPN News Desk December 23, 2024

Prime Minister Narendra Modi distributed over 71,000 appointment letters to newly recruited individuals as part of the Rozgar Mela initiative. The event underscores the government’s commitment to providing employment opportunities across various government departments and organizations. Speaking at the ceremony via video conferencing, PM Modi emphasized the importance of

Economy National

Government Introduces Unique IDs to Tackle GST Evasion

By BPN News Desk December 23, 2024

In a bid to curb tax evasion under the Goods and Services Tax (GST) regime, the government plans to introduce a unique identification (UID) mechanism for select commodities. The system is expected to enhance transparency in the supply chain and strengthen compliance in sectors prone to tax evasion. Focus on High-Risk Commodities The UID mechanism […]

Economy National

55th GST Council Meeting: Key Decisions and Deferrals

By BPN News Desk December 23, 2024

The 55th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman, concluded with several important discussions, though a significant decision on reducing the GST rate on health insurance premiums was deferred. The meeting, held virtually, saw participation from finance ministers of states and union territories as they tackled pressing issues related to