RBI Forecasts 6.5% GDP Growth Amid Global Challenges

By BPN News Desk April 28, 2025

Economy National

The Reserve Bank of India has projected that India’s economy will grow by 6.5% in the fiscal year 2024–25, reinforcing its status as the fastest-growing major economy in the world. Despite the global turbulence and economic slowdowns seen in various parts of the world, India’s growth

Economy National

FIIs Pour ₹30,000 Crore Into Indian Equities in 10 Days

By BPN News Desk April 27, 2025

Foreign Institutional Investors (FIIs) have injected nearly ₹30,000 crore into Indian equities over the past 10 days, marking a sharp reversal in market sentiment and signaling renewed confidence in India’s growth story. This surge follows a prolonged period of net selling that began in October 2024, with a modest recovery first noted in March. FII […]

Economy National

India Lifted 170 Million People Out of Poverty in a Decade – World Bank

By BPN News Desk April 27, 2025

In a remarkable achievement, India has lifted 170 million people out of extreme poverty between 2011-12 and 2022-23, according to a new report. The proportion of Indians living on less than $2.15 per day declined sharply from 16.2% to just 2.3% during this period, marking a major stride in the country’s battle against poverty. India […]

Economy National

RBI Adds 57.5 Tonnes to Gold Reserves Amid Global Instability

By BPN News Desk April 26, 2025

The Reserve Bank of India (RBI) significantly expanded its gold holdings in the fiscal year 2024-25, adding 57.5 tonnes to its reserves. This marks the second-largest annual gold purchase by the RBI since 2017, highlighting a strategic shift towards strengthening financial stability amid rising global uncertainties. The RBI’s total gold reserves stood at 879.6 tonnes […]

Economy National

India’s Economic Resilience Amid Global Turmoil

By BPN News Desk April 22, 2025

As much of the world grapples with economic uncertainty, India has emerged as a relatively stable and resilient economy, weathering global turbulence better than many of its peers. The country’s performance is underpinned by solid domestic demand, resilient investment activity, and strong macroeconomic fundamentals that continue to inspire confidence across global markets.

Economy National

RBI Flags Liquidity Risks in Money Market, Urges Policy Transmission

By BPN News Desk April 20, 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra has sounded an alert over tightening liquidity conditions in the money market, expressing concern over the widening divergence in key short-term interest rates. Addressing a financial industry conference, he highlighted how gaps between the call money rate, market repo rate, and TREPS rate could pose significant hurdles

Economy National

RBI’s Gold Reserves Surge by Nearly ₹12,000 Crore in a Week Amid Global Price Rally

By BPN News Desk April 19, 2025

The Reserve Bank of India (RBI) witnessed a sharp rise in the value of its gold reserves, which jumped by nearly ₹12,000 crore in just one week, driven primarily by a global surge in gold prices. According to the latest RBI weekly statistical supplement, the total value of gold held by the central bank reached […]

Economy National

RBI Sets ₹9,221 Redemption Price for SGB 2017-18 Series III

By BPN News Desk April 17, 2025

The Reserve Bank of India (RBI) has declared a premature redemption price of ₹9,221 per unit for the Sovereign Gold Bond (SGB) 2017-18 Series III, set for early redemption on April 16, 2025. Investors who purchased these bonds at the issue price of ₹2,964 per gram in October 2017 will realize an absolute return of […]

Economy National

India to Become World’s 3rd Largest Economy by 2026: NITI Aayog

By BPN News Desk April 17, 2025

India is on track to become the world’s third-largest economy by 2026, surpassing both Germany and Japan. According to estimates based on current growth trends and economic reforms, India—currently the fifth-largest global economy—is expected to touch the $5 trillion mark in GDP (in current dollar terms) within the next two years. Growth Driven by Reforms […]

Economy National

India’s Retail Inflation Falls to 6-Year Low at 4.6%

By BPN News Desk April 17, 2025

India’s retail inflation, measured by the Consumer Price Index (CPI), declined to 4.6% in the fiscal year 2024-25, marking the lowest annual rate since 2018-19. In March 2025, the year-on-year inflation rate further decreased to 3.34%, down from 3.61% in February, achieving the lowest monthly rate since August 2019.​ CPI 2025: Key Highlights The Consumer […]