Standard Plan

IMF World Economic Outlook 2025 – India’s Growth Projection

By BPN News Desk October 16, 2025

The International Monetary Fund (IMF) has projected India’s GDP growth at 6.6% for 2025, making it the fastest-growing major economy in the world. This stands out because global growth is only 3.2%, China is slowing to 4.8%, and advanced economies like the U.S. and Europe are growing below 2%. Key Highlights India: 6.6% (highest among […]

Standard Plan

RBI’s FEMA Amendment: Enabling Rupee Loans to Bhutan, Nepal & Sri Lanka

By BPN News Desk October 13, 2025

The Reserve Bank of India (RBI) has introduced a crucial amendment under the Foreign Exchange Management Act (FEMA) that allows Indian Authorised Dealer (AD) banks to lend in Indian Rupees (INR) to residents, banks, and entities in Bhutan, Nepal, and Sri Lanka for cross-border trade transactions. This change is part of India’s push to internationalize […]

Standard Plan

India-Australia Sign Key Defence Agreements: An Analysis

By BPN News Desk October 10, 2025

India and Australia have signed several defence pacts to deepen their strategic partnership and expand cooperation, especially in the maritime domain. Revision one-liner: India and Australia ink defence agreements to strengthen maritime and military collaboration. This development took place during India’s Defence Minister’s visit to Australia, marking renewed momentum in

Standard Plan

UK-India Defence Deal: Key Highlights & Analysis

By BPN News Desk October 10, 2025

The United Kingdom has signed a defence agreement worth around £350 million (≈ Rs 4,154 crore) with India. Under this deal, the Indian Army will receive Lightweight Multirole Missiles (LMMs) manufactured in Belfast. The announcement came during UK Prime Minister Keir Starmer’s official visit to India, strengthening bilateral strategic ties. Revision one-liner: The UK-India

Standard Plan

India to Launch RBI-Backed Digital Currency: Key Developments & Implications

By BPN News Desk October 8, 2025

The Government of India has announced plans to launch a digital currency backed by the primary monetary authority, the Reserve Bank of India (RBI). This move comes alongside efforts to discourage the use of non-asset-backed cryptocurrencies through tax measures. The announcement reflects India’s preference for regulated, sovereign digital money over decentralized private

Standard Plan

Defence Ministry Opens Missile and Ammunition Sector to Private Industry

By BPN News Desk October 6, 2025

The Indian Defence Ministry has decided to open up development and manufacturing of missiles, artillery shells, ammunition and ordnance to the private sector. This move is aligned with India’s push for self-reliance (Atmanirbharta) in defence production. Revision one-liner: Private firms can now manufacture missiles, shells and ammunition, easing reliance on state firms.

Standard Plan

In-Depth Explanatory Article: RBI’s Proposed Reforms for India’s Banking Sector

By BPN News Desk October 1, 2025

The Reserve Bank of India (RBI) recently unveiled a set of four major regulatory proposals intended to strengthen the resilience, risk-sensitivity, and international alignment of India’s banking system. These reforms, proposed to take effect from April 2027 (with transitional paths), aim to modernize India’s prudential norms, promote better risk management, and support

Standard Plan

Free Trade Agreement with EFTA: What’s Happening?

By BPN News Desk September 30, 2025

The Indian government has announced that a Free Trade Agreement (FTA) with the four EFTA (European Free Trade Association) countries — Iceland, Liechtenstein, Norway, and Switzerland — will come into effect from 1 October 2025. One-Liner: India’s Free Trade Agreement with EFTA nations (Iceland, Liechtenstein, Norway, Switzerland) will come into effect from 1 October 2025.

Standard Plan

India–Bhutan Railway Link Project: Overview & Significance

By BPN News Desk September 30, 2025

India and Bhutan are set to be connected by their first-ever railway links, marking a new chapter in bilateral relations. Two routes have been approved: Kokrajhar (Assam)–Gelephu (Bhutan) and Banarhat (West Bengal)–Samtse (Bhutan). One-liner: First-ever India–Bhutan rail links will connect Assam’s Kokrajhar with Gelephu and West Bengal’s Banarhat with Samtse. The project

Standard Plan

RBI May Cut Repo Rate by 25 bps – SBI’s View and Exam Relevance

By BPN News Desk September 29, 2025

A recent SBI Research report has suggested that the Reserve Bank of India (RBI) may reduce the repo rate by 25 basis points (bps) in its upcoming monetary policy meeting. This is because inflation is expected to remain benign, which gives RBI space to loosen monetary policy. However, many economists believe RBI may choose to […]