Economy National

IRDAI Chief Advocates GST Removal on Insurance Premiums

By BPN News Desk November 19, 2024

IRDAI Chairman Debasish Panda has suggested the removal of Goods and Services Tax (GST) on health and life insurance premiums, highlighting the need for input tax credit mechanisms to ensure that policyholders benefit. Speaking at the Global Insurance Summit in Mumbai, Panda emphasized that the removal of GST should align with input tax credits to […]

Defence National

DRDO’s Hypersonic Missile Hits Mach 6 in Successful Test

By BPN News Desk November 19, 2024

India’s Defence Research and Development Organisation (DRDO) has successfully tested its long-range hypersonic missile, achieving an impressive speed of Mach 6. This groundbreaking trial marks a significant milestone in India’s defense capabilities and technological advancements in missile systems. The test was conducted at a classified location, where the missile

National

Indian Coast Guard Rescues Fishermen After Chasing Pakistani Ship

By BPN News Desk November 18, 2024

In a dramatic operation in the Arabian Sea, the Indian Coast Guard (ICG) successfully forced a Pakistani ship to release Indian fishermen it had captured. The incident, which unfolded over two hours, highlights the ICG’s commitment to safeguarding Indian maritime interests and ensuring the safety of its citizens. High-Stakes Operation The incident began when a […]

Defence National

Parliamentary Committee Reviews Indian Coast Guard’s Security Role

By BPN News Desk November 18, 2024

The Parliamentary Standing Committee on Defence convened in Chennai on Saturday to assess the Indian Coast Guard’s (ICG) performance in safeguarding India’s extensive maritime boundaries. Chaired by MP Radha Mohan Singh, the meeting included participation from senior officials of the Ministry of Defence (MoD) and ICG. Focus on Maritime Security The review

Defence National

Army Chiefs to Visit Nepal for Restart of Gorkha Recruitment

By BPN News Desk November 18, 2024

The Chief of Army Staff of India, General Manoj Pande, is set to visit Nepal to engage in discussions with his Nepalese counterpart, General Prabhu Ram Sharma, regarding the resumption of Gorkha recruitment into the Indian Army. The visit comes amid efforts to mend ties following a hiatus in recruitment caused by Nepal’s concerns over […]

National Politics

Rahul Gandhi Accuses PM Modi of Memory Loss, Pushes for Caste Census

By BPN News Desk November 18, 2024

Congress MP Rahul Gandhi on Saturday launched a sharp attack on Prime Minister Narendra Modi, suggesting he is showing signs of memory loss, similar to US President Joe Biden, who has often been in the spotlight for his verbal missteps. Speaking at a rally in Amravati, Maharashtra, Gandhi drew comparisons between the two leaders while […]

Economy National

Income Tax Department Warns of ₹10 Lakh Penalty for Undisclosed Foreign Asset

By BPN News Desk November 18, 2024

The Income Tax (I-T) Department has launched a compliance and awareness campaign urging taxpayers to disclose any foreign assets or income earned from abroad in their Income Tax Return (ITR) for the assessment year 2024-25. Failure to comply could result in a hefty penalty of ₹10 lakh under the Black Money (Undisclosed Foreign Income and […]

Economy National

Nirmala Sitharaman Acknowledges Middle-Class Relief Plea

By BPN News Desk November 17, 2024

Finance Minister Nirmala Sitharaman has responded to a social media plea urging the government to provide relief to the middle class. The request was made by X user Tushar Sharma, who expressed his concerns about the economic challenges faced by the middle-income group. Citizen’s Appeal for Middle-Class Relief Sharma, in his heartfelt message, acknowledged the […]

Defence National

HAL to Deliver Six Tejas Mk1 Trainer Jets by March 2025

By BPN News Desk November 16, 2024

Hindustan Aeronautics Limited (HAL) is set to deliver six Tejas Mk1 trainer aircraft to the Indian Air Force (IAF) by March 2025, marking a significant step in bolstering the IAF’s training capabilities and operational readiness. These advanced trainer jets are part of the IAF’s effort to modernize its fleet and provide state-of-the-art training for its […]

Defence National

HAL Prachand Proves Operational Prowess, IAF to Induct 66 More Units

By BPN News Desk November 16, 2024

The Hindustan Aeronautics Limited (HAL) Prachand combat helicopter has proven its effectiveness in various operational scenarios, according to Indian Air Force (IAF) Chief Air Chief Marshal VR Chaudhari. The IAF has confirmed plans to induct an additional 66 units of the indigenously developed Light Combat Helicopter (LCH) into its fleet. Addressing media at a recent […]