Government Collects ₹512 Crore TDS On Crypto In FY25

By BPN News Desk December 9, 2025

Finance

The government collected ₹511.83 crore as TDS from cryptocurrency and other virtual digital asset transactions in FY25. This marks a sharp increase from the previous year, when around ₹363 crore was collected. Officials said the rise reflects more trading activity and better reporting by

Business Finance

Rupee Rises 17 Paise, Closes At ₹89.88

By BPN News Desk December 9, 2025

The rupee gained 17 paise against the US dollar on Tuesday and ended the day at ₹89.88. The currency moved up from its previous close as the dollar weakened in global markets. Dealers said better liquidity and active dollar selling by some foreign banks supported the rise. Global cues and oil prices helped Market analysts […]

Business Finance

IndusInd Bank Makes Key Leadership Appointments

By BPN News Desk December 9, 2025

IndusInd Bank has appointed Amitabh Kumar Singh as its new Chief Human Resources Officer. At the same time, its microfinance subsidiary Bharat Financial Inclusion Ltd (BFIL) has named Tapobrat Chaudhuri as Managing Director and Chief Executive Officer. Both leaders are expected to play a key role in shaping future growth. Strengthening core functions Along with […]

Business Finance

ICRA Sees Extended Pause In Interest Rates

By BPN News Desk December 6, 2025

Rating agency ICRA expects the Reserve Bank of India to keep policy interest rates unchanged for an extended period unless economic growth slows meaningfully. The outlook follows the recent move by the central bank to reduce the repo rate by 25 basis points, bringing it to 5.25 per cent. The agency noted that the rate-cut […]

Business Finance

RBI Raises FY26 GDP Growth Forecast To 7.3 Percent

By BPN News Desk December 5, 2025

The Reserve Bank of India has revised its GDP growth projection for the financial year 2025-26 to 7.3 percent. The earlier estimate was 6.8 percent. The upward revision reflects strong momentum in the economy, supported by healthy domestic demand, government spending and a stable inflation environment. Strong Economic Indicators The decision follows higher-than-expected

Business Finance

RBI Cuts Repo Rate To 5.25 Percent

By BPN News Desk December 5, 2025

The Reserve Bank of India has reduced the repo rate by 25 basis points, bringing it down to 5.25 percent. The decision was taken after the Monetary Policy Committee concluded its latest review. The rate cut comes at a time when inflation has eased, giving the central bank room to support growth. Why The Rate […]

Business Finance

Indian Markets Rise Ahead Of RBI Policy Decision

By BPN News Desk December 5, 2025

Indian stock markets were expected to open higher on Friday as investors focused on the upcoming monetary policy decision of the Reserve Bank of India. Early market indicators suggested a positive start for major indices, with sentiment supported by strong economic data and steady earnings in recent weeks. Mixed Expectations Over Rate Move Investors had […]

Business Finance

RBI’s MPC Meeting Begins Amid Strong Growth, Low Inflation

By BPN News Desk December 3, 2025

The Reserve Bank of India (RBI) kicked off its three-day meeting of the Monetary Policy Committee (MPC) on December 3, 2025 at Mumbai. The panel will review recent economic data and announce its decisions on December 5 at 10 am. What’s on the Table The MPC will evaluate India’s recent economic performance: the economy posted […]

Business Finance

Rupee Falls Past ₹90 Against US Dollar

By BPN News Desk December 3, 2025

The Indian rupee weakened sharply on December 3, 2025, sliding past the ₹90 mark against the US dollar — a new lifetime low — amid heavy foreign capital outflows and stalled trade talks between India and the United States. What Happened The rupee opened the day at approximately ₹89.96 per dollar and soon dropped to […]

Business Finance

Rupee Slips to Record Low of ₹89.79 Against US Dollar

By BPN News Desk December 1, 2025

The Indian rupee weakened sharply today, hitting a provisional all-time low of ₹89.79 against the US dollar in intraday trade. The currency opened at ₹89.45, then slid by 34 paise over the previous session’s close amid a drop in domestic equities and heavy dollar demand from importers. Key Factors Behind the Decline Traders attributed the […]