India’s Fiscal Deficit Hits 36.5% of FY26 Target

By BPN News Desk October 31, 2025

Economy National

India’s fiscal deficit for the first half of the 2025-26 financial year stood at ₹5.73 lakh crore, or 36.5% of the full-year target, the government reported. The gap widened compared to the same period last year, indicating that revenue growth is lagging while expenditure remains elevated.

Economy National

India’s Trade Deficit Narrows to $26.49B in August

By BPN News Desk September 15, 2025

India’s merchandise trade deficit eased in August 2025 to US$ 26.49 billion, showing an improvement compared to US$ 27.35 billion in July. The narrowing gap came despite both exports and imports recording a decline, highlighting the slowdown in global trade activity as well as domestic demand pressures. Exports & Imports Decline Exports in August fell […]

Op-Eds Opinion

Delhi Bans Rummy but Shuffles the GST Deck

By BPN News Desk September 6, 2025

The irony is too perfect. The Indian government banned online rummy, poker, and fantasy sports calling them “gambling,” thereby forfeiting nearly ₹20,000 crore in annual tax revenue. And yet, at the same time, it has embarked on its own gamble — GST 2.0 — giving up another ₹50,000–70,000 crore in revenues, all while running a […]

International

India Flags Rising Trade Deficit with Russia

By BPN News Desk August 21, 2025

External Affairs Minister S. Jaishankar has raised concern over India’s widening trade deficit with Russia during his visit to Moscow. Speaking at the 26th India–Russia Intergovernmental Commission meeting, he said that while bilateral trade has expanded rapidly, the imbalance has become unsustainable. Trade Growth and Deficit Figures Bilateral trade has grown from $13