National

₹95,000 Cr Surplus Likely in GST Compensation Fund

By BPN News Desk June 28, 2025

The GST compensation fund is projected to record a sizeable ₹95,000 cr surplus by March 31, 2026, as it settles all pending dues to states and clears accumulated debt. This projection comes from government estimates and indicates strong revenue inflows through the special cess levied to support states affected by the shift to the GST regime. […]

National

PM Modi’s Five-Nation Tour Begins July 2, Key Stop at BRICS Summit in Brazil

By BPN News Desk June 28, 2025

Prime Minister Narendra Modi is set to embark on a five-nation diplomatic tour from July 2 to 9, with key visits to Ghana, Trinidad & Tobago, Argentina, Brazil, and Namibia. The tour is aimed at strengthening India’s engagement with emerging economies and consolidating its leadership role in the Global South. The high point of the […]

Law & Order National

CBI Busts Cyber-Fraud Ring, Arrests Nine in Nationwide Crackdown

By BPN News Desk June 28, 2025

The Central Bureau of Investigation (CBI) has arrested nine individuals in connection with a large-scale cyber-fraud operation that involved nearly 85 lakh mule accounts used to launder illicit funds. This unprecedented crackdown resulted from coordinated raids across multiple states, including Maharashtra, Delhi, Uttar Pradesh, Karnataka, and Telangana. The fraud network

National

India Rejects Pakistan’s Arbitration Move Under Indus Treaty

By BPN News Desk June 28, 2025

India has strongly objected to Pakistan’s recent push to convene an arbitration court under the Indus Waters Treaty, declaring the move illegal and procedurally invalid. In an official statement, New Delhi rejected the legitimacy of the arbitration process initiated by Islamabad, stating it was outside the provisions of the 1960 treaty and tantamount to a […]

National

Jamnagar District Likely to Host ONGC’s New Refinery Supported by Saudi Crude

By BPN News Desk June 27, 2025

Oil and Natural Gas Corporation (ONGC) is reportedly preparing to establish a state‑of‑the‑art refinery in Jamnagar district, Gujarat, with Saudi Arabia set to supply the crude necessary for the project. This ambitious initiative represents a major expansion of ONGC’s downstream operations and marks a strategic alignment with Middle Eastern partners to secure long‑term

National

Pakistan Officer Who Captured Wing Commander Abhinandan Killed in Attack

By BPN News Desk June 27, 2025

A Pakistani army major widely believed to have been involved in the capture of Indian Air Force pilot Wing Commander Abhinandan Varthaman following the February 2019 aerial skirmish has been killed in an ambush in Balochistan. The attack, which occurred late last week, marks the latest in a string of militant assaults on security forces […]

Law & Order National

Supreme Court Raises Concern Over Karnataka HC’s Retroactive Arrest Orders

By BPN News Desk June 27, 2025

The Supreme Court of India has expressed serious concerns regarding a recent practice by the Karnataka High Court in which it issued retroactive orders of arrest in criminal cases, effectively extending the arrest power of lower courts beyond valid periods. The top court’s alarm stems from observations made during proceedings, where senior justices highlighted the […]

Economy National

RBI Directs Banks to Implement Swift 50 bps Rate Cuts for Customers

By BPN News Desk June 27, 2025

The Reserve Bank of India has issued a clear directive to all scheduled commercial banks, instructing them to promptly pass on the recent 50 basis points (bps) reduction in the repo rate to customers. The move comes in the wake of the RBI’s decision to lower the policy rate from 6.50% to 6.00%, and is […]

National

Ex‑CJI Chandrachud Backs “One Nation, One Election,” Warns Against Expanding EC Powers

By BPN News Desk June 27, 2025

Former Chief Justice of India D.Y. Chandrachud has expressed support for the concept of One Nation, One Election (ONOE), describing it as a potentially transformative step for Indian democracy. However, he cautioned against granting the Election Commission unstructured and excessive powers under the guise of implementing the reform. His detailed remarks were submitted to

National

India Rejects SCO Defence Communiqué Over “Terrorism” Omission

By BPN News Desk June 27, 2025

External Affairs Minister S. Jaishankar has strongly defended Defence Minister Rajnath Singh’s decision to withhold support for the Shanghai Cooperation Organisation (SCO) defence ministers’ joint communiqué, citing the deliberate omission of any reference to terrorism. The refusal came after one member state—implicitly understood to be Pakistan—blocked the inclusion of