Economy National

World Bank Advises India to Reduce Tariffs and Implement Reforms to Boost Investment

By BPN News Desk
The World Bank has emphasized the need for India to lower import tariffs and introduce regulatory reforms to attract foreign investment and drive economic expansion. High tariffs, particularly on intermediate and capital goods, coupled with complex trade barriers, have contributed to increased trade costs, limiting the country’s integration into global markets. High
Economy National

India’s Nominal GDP Nears $4 Trillion Mark, Projected to Surpass Milestone by FY25

By BPN News Desk
India’s nominal Gross Domestic Product (GDP) has reached ₹331 lakh crore, approximately $3.94 trillion, reflecting the nation’s steady economic expansion. This growth trajectory positions India to surpass the $4 trillion mark by the end of the current fiscal year (FY25). Economic Growth Trajectory Over the past decade, India has risen from the tenth-largest to
Defence National

Kalyani’s Export of 100 Artillery Guns Strengthens India’s Defense Export Profile

By BPN News Desk
Kalyani Strategic Systems Ltd. (KSSL), a subsidiary of Bharat Forge Ltd., has reached a significant milestone by exporting 100 advanced artillery guns globally. This achievement highlights India’s growing influence in the international defense sector and its ability to manufacture and deliver high-quality military equipment to global markets. Strategic Partnership
Economy National

RBI Reports 98.18% Return of ₹2,000 Banknotes

By BPN News Desk
The Reserve Bank of India (RBI) has confirmed that 98.18% of the ₹2,000 denomination banknotes have been returned to the banking system. As of February 28, 2025, ₹6,471 crore worth of these high-denomination notes remain in circulation. Withdrawal Announcement and Implementation The RBI had announced the withdrawal of ₹2,000 banknotes from circulation in May 2023 […]
Defence National

DRDO Unveils Pinaka III MBRL with 120km Range

By BPN News Desk
India has introduced the latest advancement in its artillery systems with the unveiling of the Pinaka III Multi-Barrel Rocket Launcher (MBRL) system. This new variant comes with an extended range of 120 kilometers, significantly enhancing long-range strike capabilities. The latest upgrade strengthens India’s defense preparedness by providing precision targeting over

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