Economy National

India’s March Inflation Holds at 3.6% After Four-Month Decline

By BPN News Desk April 15, 2025

India’s retail inflation rate remained steady at 3.6% in March 2025, bringing a four-month easing trend to a halt. The unchanged figure from February’s 3.61% was driven primarily by a sharp rise in gold prices, which helped offset continued softness in food prices. Economists noted that while food price moderation has been consistent in recent […]

Economy National

Rupee Strengthens as Forex Reserves Jump to $676.3 Billion

By BPN News Desk April 12, 2025

India’s foreign exchange reserves have seen a robust increase of $10.9 billion, pushing the total to $676.3 billion as of April 4, 2025. This marks the highest level in the past five months and continues a positive trend for the fifth consecutive week. The surge has provided a substantial cushion for the Indian economy amid […]

Economy National

Reserve Bank of India Cuts Repo Rate to 6% Amid Escalating U.S. Tariffs

By BPN News Desk April 9, 2025

In response to the escalating global trade tensions and the impact of steep tariffs imposed by the United States, the Reserve Bank of India (RBI) has announced a 25 basis point cut in the key repo rate, bringing it down to 6%. This is the second consecutive rate cut by the central bank in 2025 […]

Economy National

Scindia Envisions India as a $6 Trillion Economy by 2030 at Rising Bharat Summit​

By BPN News Desk April 8, 2025

At the CNN-News18 Rising Bharat Summit 2025 held at New Delhi’s Bharat Mandapam, Union Minister for Communications and Development of North Eastern Region, Jyotiraditya Scindia, expressed strong optimism about India’s economic trajectory. He stated, “Our country today is on a roll, no power can stop us.” Economic Growth Projections Scindia outlined

Economy National

RBI Plans Significant Liquidity Infusion to Bolster Economy Amid Global Challenges

By BPN News Desk April 7, 2025

The Reserve Bank of India (RBI) is preparing to inject up to ₹4 trillion into the banking system during the current fiscal year in a decisive move to safeguard the Indian economy from mounting global uncertainties. This substantial liquidity infusion is aimed at supporting credit flow, stabilizing financial markets, and enhancing the effectiveness of monetary […]

Economy National

RBI Considers Further Rate Cuts Amid US Tariff Impact on Indian Economy

By BPN News Desk April 6, 2025

The Reserve Bank of India is weighing the option of further rate cuts in response to the economic impact of new US tariffs imposed on Indian exports. The 26% reciprocal tariffs are expected to hit trade volumes and slow down GDP growth in the current financial year. Economists estimate that India’s GDP growth could fall […]

Economy National

Indian Banks Advocate for Reinstatement of Daily Overnight Borrowing Window to Enhance Liquidity

By BPN News Desk April 5, 2025

Indian banks have formally requested the Reserve Bank of India (RBI) to reinstate the daily overnight borrowing window as a means to improve day-to-day liquidity management. The demand comes amid growing challenges in managing cash flows efficiently under the current liquidity framework, which is centered on 14-day variable rate repo operations. Banks Cite Operational

Economy National

India’s Subprime Lending Surge Raises Concerns of Debt Crisis

By BPN News Desk April 4, 2025

India’s microfinance and subprime lending sector has experienced explosive growth, with subprime loans increasing by 2,100% in recent years. What was once positioned as a tool to drive financial inclusion has now ballooned into a $45 billion industry, primarily offering small, unsecured loans to low-income borrowers lacking access to formal banking. This rapid expansion,

Economy National

UPI Transactions Hit Record ₹24.77 Lakh Crore in March 2025

By BPN News Desk April 2, 2025

Unified Payments Interface (UPI) transactions in India soared to a record ₹24.77 lakh crore in March 2025, signaling the continued acceleration of digital payment adoption across the country. The surge represents a 12.7% jump from February and a strong 25% increase compared to March 2024. Record UPI Growth in March The volume of transactions also […]

Economy National

India’s Foreign Exchange Reserves: A Pillar of Economic Stability

By BPN News Desk April 2, 2025

India’s foreign exchange reserves have reached $658.8 billion as of March 25, 2025, positioning the country as the fourth-largest holder of such reserves globally. This substantial reserve is sufficient to cover approximately 11 months of imports, underscoring India’s robust economic standing. Global Standing in Forex Reserves India’s reserves are