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Finance

Foreign Investors Withdraw ₹44,396 Crore from Indian Equities in January

By Editor - News Desk January 20, 2025
In January 2025, foreign investors pulled out ₹44,396 crore from Indian equities, influenced by global economic factors and domestic market concerns.
Finance

Reliance Jio Partners with Polygon Labs to Bring Web3 to 450 Million Users

By BPN News Desk January 18, 2025
Reliance Jio collaborates with Polygon Labs to integrate Web3 services, offering decentralized internet features to its 450 million users.
Finance

Govt May Introduce Concessional Corporate Tax for New Manufacturing in Budget 2025-26

By BPN News Desk January 17, 2025
The Centre plans to offer a concessional corporate tax rate for new manufacturing units in Budget 2025-26 to boost investments and industrial growth.
Finance

World Bank Forecasts India’s Economy to Grow by 6.7% Annually Over Next Two Years

By BPN News Desk January 17, 2025
The World Bank projects India's economy to expand by 6.7% annually in the next two fiscal years, highlighting strong domestic demand and infrastructure development as key growth drivers.
Finance

RBI Revises FEMA Regulations to Boost Cross-Border Rupee Transactions

By BPN News Desk January 16, 2025
The RBI has updated FEMA regulations, enabling cross-border rupee transactions and empowering exporters with foreign currency accounts to promote INR's global acceptance.
Finance

Raghuram Rajan: Rupee Fall Not Concerning, It’s a Dollar Issue

By BPN News Desk January 16, 2025
Raghuram Rajan downplays concerns over the rupee's depreciation, attributing it to global dollar strength.
Finance

UPI Payments Now Accepted at Dubai Duty Free Stores

By BPN News Desk January 16, 2025
Indian travelers can now use UPI for seamless transactions at Dubai Duty Free outlets, enhancing shopping convenience.
Finance

Small Finance Banks’ Profitability Hit by Rising Costs

By BPN News Desk January 16, 2025
Small Finance Banks in India face declining profitability due to rising funding and credit costs, with RoA projected at 1.4-1.6% for FY25.
nirmala sitharaman
Finance

CII Proposes 10-Point Plan to Boost Ease of Doing Business

By BPN News Desk January 15, 2025
In anticipation of the Union Budget 2025, the Confederation of Indian Industry (CII) has proposed a comprehensive 10-point plan aimed at improving the ease of doing business and fostering economic growth. These recommendations emphasize policy reforms, infrastructure development, and taxation simplifications to create a more conducive environment for businesses. Key
Finance

Government Pushes for Geotagging of Banking Correspondents

By BPN News Desk January 15, 2025
The Ministry of Finance is exploring a proposal to implement geotagging for all banking correspondents (BCs) across the country. This initiative aims to enhance the efficiency of financial inclusion efforts, ensuring better access to banking services in underserved areas. Enhancing Financial Inclusion Geotagging involves attaching geographical information to the locations
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