Economy National

India’s Net GST Revenue Jumps 20.4% in May on Import Duty Surge

By BPN News Desk June 3, 2025

India recorded a sharp rise in net Goods and Services Tax (GST) revenue for May 2025, with collections growing 20.4% year-on-year to reach ₹1.73 trillion. This increase was largely driven by a surge in import tax collections and reduced refund outflows. Import Duties Push Revenue Growth Customs-related GST revenue saw a remarkable 72.9% year-on-year increase, […]

Economy National

India’s GST Collections Surge 16.4% to ₹2.01 Lakh Crore

By BPN News Desk June 2, 2025

India’s gross Goods and Services Tax (GST) collections for May 2025 reached ₹2.01 lakh crore, registering a 16.4% year-on-year increase over the ₹1.72 lakh crore collected in May 2024. This is the second straight month where collections have exceeded ₹2 lakh crore, reinforcing optimism over sustained economic momentum and improved tax compliance. According to data […]

Economy National

India’s Q4 GDP Grows 7.4%, FY25 Growth Slows to 6.5%

By BPN News Desk May 31, 2025

India’s economy posted a strong performance in the fourth quarter of FY25 with GDP growth accelerating to 7.4%, marking a four-quarter high and outpacing market expectations of 6.9%. The boost came on the back of robust government capital spending and solid momentum in the construction and manufacturing sectors. Construction activity grew by a substantial 10.8%, […]

Economy National

India’s FDI Reaches $81.04 Billion in FY25

By BPN News Desk May 28, 2025

India has recorded a robust foreign direct investment (FDI) inflow of $81.04 billion during the financial year 2024–25, marking a 14% increase from the $71.28 billion received in FY 2023–24. This growth reaffirms the country’s position as a favored global investment destination, reflecting confidence among global investors and the strength of India’s economic fundamentals.

Economy National

India Bars Foreign-Funded NGOs from Publishing News

By BPN News Desk May 27, 2025

The Ministry of Home Affairs (MHA) has introduced a critical amendment to the Foreign Contribution (Regulation) Act (FCRA), 2010, effectively barring non-governmental organizations receiving foreign donations from publishing any form of news content. The move, aimed at restricting foreign influence on domestic narratives, targets NGOs that may otherwise be involved in

Economy National

Income Tax Return Deadline Extended to September 15, 2025

By BPN News Desk May 27, 2025

The Central Board of Direct Taxes (CBDT) has officially extended the deadline for filing Income Tax Returns (ITRs) for the financial year 2024–25 (assessment year 2025–26). The new deadline has been moved from July 31, 2025, to September 15, 2025. This extension applies to individual taxpayers, Hindu Undivided Families (HUFs), and other entities that are […]

Economy National

RBI Expected to Cut Repo Rate by 25 bps in June 2025 Policy Meeting

By BPN News Desk May 26, 2025

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is widely expected to cut the repo rate by 25 basis points in its next policy meeting on June 6, 2025. If implemented, this would be the third consecutive rate cut this year, following reductions in February and April, signaling a strong pivot toward economic […]

Economy National

India Surpasses Japan to Become 4th Largest Economy

By BPN News Desk May 25, 2025

India has overtaken Japan to become the world’s fourth-largest economy, with a nominal Gross Domestic Product (GDP) reaching $4.19 trillion in 2025. The announcement was made by NITI Aayog CEO B.V.R. Subrahmanyam during a press briefing following the 10th Governing Council meeting of the planning body. The development marks a major milestone in India’s global […]

Economy National

RBI Approves Record ₹2.69 Lakh Crore Dividend to Centre

By BPN News Desk May 24, 2025

In a landmark financial move, the Reserve Bank of India (RBI) has approved a record-breaking dividend transfer of ₹2.69 lakh crore to the central government for the financial year ending March 2025. This is the highest-ever surplus transfer in the RBI’s history and significantly surpasses both the ₹2.1 lakh crore paid last year and the […]

Economy National

India’s Net FDI Plummets to $0.4 Billion in FY25 Amid Rising Repatriation

By BPN News Desk May 22, 2025

India’s net foreign direct investment (FDI) plunged dramatically in the financial year 2024-25 (FY25), falling over 96% to just $0.4 billion, compared to $10.1 billion in FY24. This sharp decline comes in stark contrast to the country’s gross FDI inflows, which rose by 13.7% to reach a record $81 billion — up from $71.3 billion […]