India’s Trade Deficit Narrows to $26.49B in August

By BPN News Desk September 15, 2025

Economy National

India’s merchandise trade deficit eased in August 2025 to US$ 26.49 billion, showing an improvement compared to US$ 27.35 billion in July. The narrowing gap came despite both exports and imports recording a decline, highlighting the slowdown in global trade activity as well as domestic demand

Economy National

Rupee Slumps To Lifetime Low Amid US Tariff Pressure

By BPN News Desk September 11, 2025

The Indian rupee dropped to a record low of around ₹88.44 per U.S. dollar on September 11, 2025, extending losses under pressure from U.S. tariffs on Indian goods. Tariff Concerns Fueling The Drop Investors are uneasy over Washington’s newly imposed tariffs, which have raised concerns about India’s export competitiveness and trade balance. These tariff actions […]

Economy National

Fitch Raises India FY26 Growth Forecast To 6.9%

By BPN News Desk September 10, 2025

Global credit ratings agency Fitch Ratings has upgraded India’s economic growth forecast for fiscal year 2025–26 to 6.9%, raising it from the earlier estimate of 6.5%. Q1 Performance The revision follows a stronger-than-expected performance in the April–June quarter, when India’s real GDP grew 7.8% year-on-year, compared to 7.4% in the previous quarter. Fitch had earlier

Economy National

India Maintains 6.3–6.8% GDP Forecast Despite U.S. Tariffs

By BPN News Desk August 30, 2025

Chief Economic Advisor V. Anantha Nageswaran reaffirmed India’s GDP growth projection for FY2025–26 at 6.3% to 6.8%, despite the U.S. imposing tariffs of up to 50% on Indian goods. He pointed to the economy’s strong start, with the first quarter recording 7.8% growth, as evidence of resilience. The projection also matches the range highlighted in […]

Economy National

Rupee Hits Record Low On Mounting U.S. Tariff Pressure

By BPN News Desk August 29, 2025

The Indian rupee slipped past the ₹88-per-US-dollar mark for the first time, reaching a historic low amid escalating concerns about new U.S. tariffs on Indian imports. Markets are reeling from the added duties, which raise total tariffs to 50%. Growth Expectations Take A Hit Despite India’s strong 6.5% to 7.8% GDP growth earlier in the […]

Economy National

GST Reforms Must Safeguard State Revenues, Says Stalin

By BPN News Desk August 29, 2025

Tamil Nadu Chief Minister M.K. Stalin cautioned that Goods and Services Tax (GST) reforms cannot genuinely benefit the public unless they protect states’ revenues. He stressed that financial security for states is essential even as the Centre moves ahead with rate rationalisation. States Unite Ahead Of Council Meet Stalin’s remarks came as eight opposition-ruled

Economy National

FIIs Sell Equities but Remain Active in IPOs

By BPN News Desk August 23, 2025

Foreign Institutional Investors (FIIs) have remained net sellers in India’s secondary markets through August 2025. Data shows they have sold equities worth ₹25,564 crore so far this month. This extends their selling trend for the year, with cumulative outflows crossing ₹1.57 lakh crore. Analysts attribute the move to global uncertainty and profit-booking in overvalued

Economy National

S&P Upgrades India’s Sovereign Rating to BBB

By BPN News Desk August 14, 2025

Credit rating agency S&P Global has upgraded India’s long-term sovereign rating from BBB- to BBB, marking its first rating boost in 18 years. The outlook remains stable. Why the Upgrade S&P cited India’s strong economic resilience, sustained fiscal consolidation, and improvements in monetary policy credibility. The agency also highlighted infrastructure progress,

Economy National

Moody’s Says Strong Domestic Demand to Cushion Tariff Impact

By BPN News Desk August 8, 2025

Global ratings agency Moody’s has said that India’s resilient domestic demand will help soften the economic impact of recently imposed U.S. tariffs. In its latest assessment, Moody’s noted that while the new trade penalties could slow growth slightly, the overall outlook for the Indian economy remains steady. Limited Growth Slowdown Moody’s projects that India’s real […]

Economy National

SBI Says Trump Tariffs Will Hurt Americans More Than Indians

By BPN News Desk August 1, 2025

The State Bank of India (SBI) has called U.S. President Donald Trump’s new tariff policy a “bad business decision,” warning that the impact will be harsher on American consumers than on Indian exporters. Higher Costs Expected for U.S. Households According to SBI’s internal assessment, the new tariffs—ranging up to 25% on Indian imports—are likely to […]