National

TMC Rejects Allegations of EVM Hacking by Opposition

By BPN News Desk December 17, 2024

The Trinamool Congress (TMC) has dismissed claims by the Opposition regarding the Electronic Voting Machines (EVMs) being vulnerable to hacking. This comes amid a larger debate surrounding EVM reliability, with some Opposition parties demanding a return to paper ballots. The controversy erupted after Congress and a section of Opposition parties alleged that the machines

National

Experts Say US Case Against Gautam Adani Unlikely to Lead to Extradition

By BPN News Desk December 16, 2024

The ongoing case against Gautam Adani in the United States, involving allegations of financial misconduct, has sparked significant international attention. While experts acknowledge that the case against the industrialist appears robust, they assert that an extradition is unlikely due to various legal and procedural hurdles. Allegations and Investigations The case

National

Income Tax Department Recovers ₹37,000 Crore from Non-Filers

By BPN News Desk December 16, 2024

The Income Tax Department has announced the recovery of ₹37,000 crore from individuals who failed to file their income tax returns despite earning taxable income. This significant recovery comes as part of intensified efforts to curb tax evasion and bring more individuals under the tax compliance umbrella. Widening the Tax Net Authorities have taken a […]

National

India’s Economy Gains Momentum as Business Growth Peaks

By BPN News Desk December 16, 2024

India’s economy closed 2024 with robust momentum, marked by a significant upswing in business growth, as reflected in the latest Purchasing Managers’ Index (PMI) report. The December PMI revealed a four-month high in economic activity, underlining the resilience and growth trajectory of the country’s industrial and services sectors. PMI Indicates Robust Business

National

Centre Allocates ₹71,889 Crore to States for Development Projects

By BPN News Desk December 16, 2024

The Indian government has released a significant allocation of ₹71,889 crore to states, aiming to bolster welfare programs and development projects. This disbursement is expected to enhance states’ fiscal capacity to implement various schemes across sectors. Major Heads of Allocation The funds have been allocated under multiple heads, including rural development,

National

PM Modi Criticizes Historical Role of Single Family on Constitution Day

By BPN News Desk December 15, 2024

Prime Minister Narendra Modi, on the occasion of Constitution Day, strongly criticized the role of a single political family, alleging that they caused significant damage to the Indian Constitution. Without naming names, Modi’s remarks were widely seen as a pointed reference to the Nehru-Gandhi family, sparking debate and reactions across political circles.

National

Modi Govt Withdraws ONOE Bills from Lok Sabha Agenda

By BPN News Desk December 15, 2024

In a sudden turn of events, the central government led by Prime Minister Narendra Modi has decided not to table the proposed “One Nation, One Election” (ONOE) bills in the Lok Sabha as previously planned. The decision comes amidst growing anticipation and debate surrounding the controversial proposal. The ONOE initiative, aimed at synchronizing elections for

National

Over 6.9 Crore ITRs Processed for AY 2024-25

By BPN News Desk December 15, 2024

The Income Tax Department has processed more than 6.9 crore Income Tax Returns (ITRs) for the Assessment Year (AY) 2024-25, showcasing its efficiency in managing the tax filing process. According to officials, this marks a significant step in ensuring faster processing and refund distribution for taxpayers. High Volume of Taxpayer Compliance The department revealed that

Economy National

UPI Processes ₹223 Lakh Crore Transactions in 2023

By BPN News Desk December 14, 2024

Unified Payments Interface (UPI), India’s flagship digital payment platform, recorded an impressive 15,547 crore transactions worth ₹223 lakh crore between January and November 2023. The National Payments Corporation of India (NPCI) revealed these numbers, showcasing the rapid adoption and growth of digital payments in the country. Monthly Transaction Milestones UPI

Economy National

Sensex Surges to 2-Month High Amid Strong FPI Buying

By BPN News Desk December 14, 2024

India’s benchmark stock index, the Sensex, surged over 2,000 points during Friday’s trading session, closing at a two-month high. The rally was fueled by strong foreign portfolio investor (FPI) activity, robust economic indicators, and a positive global sentiment. FPI Buying Drives Market Optimism Foreign portfolio investors played a key role in the market’s remarkable