Economy National

India’s Net Direct Tax Collections Reach ₹21.26 Trillion in FY25

By BPN News Desk March 19, 2025

India’s net direct tax collections have surged to ₹21.26 trillion as of March 16, 2025, marking a 13.13% increase compared to the same period in the previous fiscal year. This substantial growth indicates strong economic activity and enhanced tax compliance across the country. Breakdown of Tax Collections The net corporate tax collection between April 1, […]

Business Industry

India Imposes Provisional Anti-Dumping Duty on Chinese Aluminum Foil

By BPN News Desk March 19, 2025

In a move to protect domestic industries, India has imposed provisional anti-dumping duties on aluminium foil imports from China. The Finance Ministry has announced that the duties will range between $619 and $873 per metric tonne and will remain in effect for six months. The measure aims to safeguard local manufacturers from underpriced imports that […]

National

ED Raids Bengaluru Entities Linked to George Soros’s Open Society Foundations

By BPN News Desk March 19, 2025

The Enforcement Directorate (ED) conducted searches at eight locations in Bengaluru associated with the Open Society Foundations (OSF), founded by U.S. billionaire George Soros, and its investment arm, Soros Economic Development Fund (SEDF), on March 18, 2025. The raids targeted entities including Aspada Investments Pvt. Ltd., which serves as the investment advisor for

Defence

India’s Tejas Fighter Jet Successfully Test-Fires Indigenous Astra BVR Missile

By BPN News Desk March 16, 2025

India’s indigenous Light Combat Aircraft (LCA) Tejas successfully test-fired the Astra Beyond Visual Range (BVR) air-to-air missile off the coast of Odisha on March 12, 2025. This marks a significant milestone in India’s defense capabilities, showcasing the integration of domestically developed advanced weaponry into its fighter aircraft fleet. The Astra

Telecom

Airtel Partners with SpaceX to Launch Starlink Satellite Internet Services in India

By BPN News Desk March 11, 2025

Bharti Airtel collaborates with Elon Musk's SpaceX to introduce Starlink's satellite internet services in India, aiming to enhance connectivity, especially in remote areas, pending regulatory approvals.

Trade

India Imposes Anti-Dumping Duty on Water Treatment Chemical Imports from China and Japan

By Editor - News Desk March 10, 2025

To protect domestic manufacturers, India has levied an anti-dumping duty of up to $986 per tonne on imports of trichloroisocyanuric acid (TCCA) from China and Japan for five years. This measure aims to counteract unfair pricing and support the local chemical industry.

International

India Opposes Pakistan’s Bid to Join BRICS Amid Geopolitical Tensions

By BPN News Desk March 10, 2025

Pakistan has formally applied to join the BRICS bloc, comprising Brazil, Russia, India, China, and South Africa, aiming to bolster its economic ties and global standing. The nation seeks to benefit from the economic opportunities and partnerships that BRICS membership offers. India’s Stance on Pakistan’s BRICS Membership India has expressed reservations about

International

Indonesia Seeks Indian Expertise for Indigenous Aircraft Carrier Development

By BPN News Desk February 27, 2025

Indonesia has approached India for collaboration in developing its first indigenous aircraft carrier, aiming to enhance its maritime capabilities. This initiative seeks to leverage India’s experience in aircraft carrier construction, notably the successful commissioning of INS Vikrant (IAC-I), which boasts an impressive 76% indigenous content. India’s Aircraft

Trade

India Considers Extending Import Restrictions on Steelmaking Raw Materials

By BPN News Desk February 26, 2025

The Indian government is considering extending import restrictions on low-ash metallurgical coke (met coke) beyond June 2025 to encourage domestic sourcing by steel manufacturers. In December 2024, India imposed country-specific quotas, limiting total met coke imports to 1.4 million metric tons from January to June 2025. This move aimed to protect local producers from a

Agriculture

Poultry Farmers Urge Government to Boost Maize Cultivation Amid Rising Ethanol Demand

By BPN News Desk February 25, 2025

Poultry farmers in India are urging the Union Government to enhance maize cultivation in response to the increasing diversion of maize for ethanol production, which has led to a significant rise in poultry feed costs. Maize constitutes approximately 60% of poultry feed, and its growing use in ethanol production has created a severe shortage for […]