S&P Upgrades India’s Sovereign Rating to BBB

By BPN News Desk August 14, 2025

Economy National

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

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 […]

Economy National

India to Be Third-Largest Economy, Says Piyush Goyal

By BPN News Desk July 31, 2025

Commerce Minister Piyush Goyal firmly dismissed U.S. President Donald Trump’s recent remark labeling India a “dead economy.” Speaking in Parliament, Goyal asserted that India has moved from being among the “Fragile Five” economies to becoming the world’s fastest-growing major economy. He added that India, currently ranked fifth, is on track to become the

Economy National

5 States Make Up Half of India’s GST Taxpayers

By BPN News Desk July 22, 2025

A recent SBI Research report shows that five states—Uttar Pradesh, Maharashtra, Gujarat, Tamil Nadu, and Karnataka—together account for nearly 50% of all active GST taxpayers in India, eight years after GST implementation. UP Leads the Pack Uttar Pradesh tops the list with 13.2% of active GST registrations. Maharashtra follows at 12.1%, Gujarat at 8.4%, Tamil […]

Economy National

RBI May Cut Rates As Inflation Drops To Six-Year Low

By BPN News Desk July 16, 2025

Reserve Bank of India Governor Sanjay Malhotra has indicated that additional interest rate cuts may be considered if current economic trends continue. This follows the release of June inflation data showing a sharp decline to 2.1%, the lowest level in over six years. The RBI’s Monetary Policy Committee is expected to closely monitor both inflation […]

Economy National

India Ranked World’s 4th Most Equal Society: World Bank

By BPN News Desk July 5, 2025

India has been ranked the fourth most equal society in the world by the World Bank, based on its latest Gini index data. With a score of 25.5, India now ranks ahead of all G7 and G20 nations, showcasing its strides in reducing income disparity and pushing inclusive development. Gini Index Reflects Narrowing Income Gap […]

Economy National

Rupee Weakens as US Jobs Data Boosts Dollar Strength

By BPN News Desk July 4, 2025

The Indian rupee is expected to open weaker at the start of the week following a stronger-than-expected US jobs report for June. The data has provided rare positive momentum for the dollar, pushing US treasury yields higher and pressuring emerging market currencies. The rupee, which last closed at ₹85.31 against the dollar, is forecast to […]

Economy National

Indian Economy Ends Q1 FY26 on Mixed Note

By BPN News Desk July 3, 2025

India’s economy wrapped up the first quarter of FY26 with a mixed performance across key sectors, reflecting a cautious consumer environment, resilient manufacturing, and divergent sectoral momentum. GST and Consumption Trends Goods and Services Tax (GST) collections in June grew by just 6.1% year-on-year, the slowest pace in four years, totaling ₹1.85 lakh crore.

Economy National

RBI Fixes ₹9,628 Price for Gold Bonds; Returns Soar to 240%

By BPN News Desk July 2, 2025

The Reserve Bank of India (RBI) has fixed a redemption price of ₹9,628 per gram for two tranches of Sovereign Gold Bonds (SGBs) – the 2017–18 Series XIV and the 2018–19 Series IV – that are eligible for premature redemption as of July 1, 2025. This substantial payout marks one of the highest returns for […]