Business Trade

India’s Exports Achieve Record High Despite Global Trade Slowdown

By BPN News Desk January 27, 2025

India has defied global economic challenges to achieve a record high in exports, showcasing its resilience and adaptability in an environment marked by slowing global trade. The remarkable performance highlights the country’s ability to navigate economic headwinds while capitalizing on emerging opportunities in international markets. “India’s Export Performance Amid

Business Finance

Equity Mutual Fund Inflows Reach ₹4 Lakh Crore in 2024 Amid Market Volatility

By BPN News Desk January 26, 2025

The Indian mutual fund industry witnessed a remarkable year in 2024, with equity mutual fund inflows nearing ₹4 lakh crore. This surge reflects investor confidence despite intermittent market volatility. However, industry experts caution that 2025 could pose challenges due to heightened market fluctuations and global economic uncertainties. “Record-Breaking Inflows

Business Industry

India’s Service Sector Drives Economic Growth Toward $10 Trillion Goal

By BPN News Desk January 25, 2025

India’s economy is witnessing robust expansion, fueled by significant growth in its service sector and steady performance in manufacturing. According to recent data, the service sector’s strong momentum, coupled with a positive manufacturing Purchasing Managers’ Index (PMI), is propelling India closer to its ambitious goal of becoming a $10 trillion economy.

Markets

India’s Business Growth Slows to 14-Month Low in January

By BPN News Desk January 25, 2025

India's business activity expanded at its slowest pace in over a year in January 2025, with the Composite PMI declining to 57.9 amid a services sector slowdown and manufacturing resilience.

Business Industry

L&T Announces $10 Billion Investment in Semiconductor Manufacturing

By BPN News Desk January 24, 2025

Larsen & Toubro (L&T) has unveiled plans for a bold $10 billion investment in semiconductor manufacturing, signaling a major step in India’s efforts to establish itself as a global semiconductor hub. The initiative is set to align with India’s push toward self-reliance in advanced technologies and reducing dependence on imports. “A Game-Changing Initiative

Business Industry

Nagpur to Become Lithium-Ion Battery Hub with ₹42,535 Cr Investment

By BPN News Desk January 24, 2025

Nagpur is poised to become a key player in India’s electric vehicle (EV) ecosystem as Vardhaan Group announces a massive ₹42,535 crore investment to establish a lithium-ion battery manufacturing hub. This strategic move is set to revolutionize the city’s industrial landscape, creating significant employment opportunities and strengthening India’s position in the global

Trade

India Considers Tariff Reductions and Increased Imports to Address U.S. Trade Concerns

By Editor - News Desk January 24, 2025

To counter potential U.S. trade actions, India is exploring options like lowering import tariffs and boosting purchases of American goods, aiming to reduce its trade surplus and strengthen economic relations.

Business Industry

Gold Prices Hit Record ₹80,000 per 10 Grams in India

By BPN News Desk January 24, 2025

In a historic milestone, gold prices in India have surged past the ₹80,000 mark per 10 grams for the first time. The unprecedented rise underscores growing investor interest in the yellow metal amid heightened global economic uncertainties and market volatility. “Gold as a Safe-Haven Investment” Market analysts attribute this record-breaking surge to increased

Business Trade

Foreign Investors Pull Out $5 Billion from Indian Stocks Amid Profit Concerns

By BPN News Desk January 23, 2025

Foreign portfolio investors (FPIs) have sold approximately $5 billion worth of Indian equities in recent weeks, reflecting cautious sentiment over diminishing profit expectations in India’s stock market. This significant outflow signals a shift in investor appetite as global and domestic factors weigh on market dynamics. “Profitability Concerns Drive Sell-Off”

Business Finance

HDFC Bank Q3 Profit Rises 2.2%, Share Price Gains

By BPN News Desk January 22, 2025

HDFC Bank, India’s largest private sector lender, has reported a 2.2% increase in its net profit for the third quarter of the financial year, reaching ₹16,735.5 crore. The announcement has bolstered investor confidence, leading to a rise in the bank’s share price during trading. “Strong Financial Performance” The bank’s strong quarterly performance was