India Called Key Growth Engine For Global Economy: IMF

By BPN News Desk January 16, 2026

Economy National

An International Monetary Fund (IMF) spokesperson said India is a major growth engine for the global economy, contributing significantly to world output and expansion. The IMF cited India’s steady economic performance and robust domestic demand as factors supporting global growth prospects.

Economy National

India Trade Deficit Widens To $25 Billion In December

By BPN News Desk January 16, 2026

India’s merchandise trade deficit widened to around $25 billion in December as imports rose faster than exports, according to official data. The increase marked a reversal from the previous month, when the trade gap had narrowed. Imports Outpace Exports Merchandise exports recorded marginal growth during the month, supported by sectors such as engineering goods and […]

Economy National

India Economy Projected to Grow Around 7.4% in 2025

By BPN News Desk January 10, 2026

India’s economy is projected to expand by around 7.4% in 2025, maintaining its position as the fastest-growing major economy. The growth outlook is supported by strong domestic demand, sustained government spending, and policy measures aimed at supporting economic activity amid global uncertainty. The projection reflects confidence in India’s macroeconomic stability and

Economy National

India Now Fourth Largest Economy, Says Government

By BPN News Desk December 31, 2025

The government has said that India has become the world’s fourth largest economy, overtaking Japan in terms of nominal gross domestic product. According to official estimates cited by the Centre, India’s nominal GDP has crossed $4 trillion, placing it behind only the United States, China and Germany. Basis of the Government’s Assessment The ranking is […]

Economy National

Nirmala Sitharaman Rebuts Trump’s “Dead Economy” Remark

By BPN News Desk December 16, 2025

Finance Minister Nirmala Sitharaman on Tuesday rejected remarks by U.S. President Donald Trump describing India as a “dead economy,” telling the Lok Sabha that India recorded 8.2 per cent economic growth while the global average stood at around 3.2 per cent. She said the data itself was sufficient to counter claims questioning the strength of […]

Economy National

Rupee Hits Record Low Amid Trade Uncertainty

By BPN News Desk December 15, 2025

The Indian rupee slipped to a record low against the US dollar on Monday, pressured by persistent foreign fund outflows and uncertainty surrounding a potential trade agreement between India and the United States. Market participants said global risk aversion and a stronger dollar added to the currency’s weakness. Traders noted that sustained selling by foreign […]

Economy National

Rupee May Not Recover Even With US Rate Cut

By BPN News Desk December 8, 2025

Analysts expect little relief for the Indian rupee even if the US Federal Reserve announces a 25 basis-point rate cut this week. The currency has been under pressure in recent months due to weak foreign inflows, a wide trade deficit and concerns over global demand. Fed Move May Have Limited Impact Normally, a rate cut […]

Economy National

Customs Reform Will Be The Next Big Move – FM Nirmala Sitharaman

By BPN News Desk December 7, 2025

Finance Minister Nirmala Sitharaman said that simplifying customs procedures will be the government’s next major reform initiative. She made the remarks while addressing the Hindustan Times Leadership Summit. According to her, customs processes are still complex and need a complete overhaul to encourage trade and reduce delays. Focus On Transparency And Ease Of Compliance

Economy National

Fitch Raises India’s FY26 Growth Outlook To 7.4%

By BPN News Desk December 4, 2025

Fitch Ratings has revised India’s FY26 growth forecast upward to 7.4 percent, an increase from its earlier estimate of 6.9 percent. The agency cited strong private consumption, improved demand conditions and the positive impact of ongoing GST reforms as key reasons for the upgrade. Growth Expected To Moderate In FY27 Fitch projects that India’s growth […]

Economy National

FPIs Pull Out ₹3,765 Crore from Equities in November

By BPN News Desk November 30, 2025

Foreign portfolio investors resumed selling in the Indian equity market in November, withdrawing a net ₹3,765 crore. This marks a reversal from October, when FPIs had infused more than ₹14,000 crore after months of outflows. Global Factors Drive Renewed Selling Analysts attribute the reversal to global risk-off sentiment. Concerns over interest-rate trends in major