Government and RBI Collaborate to Foster Economic Growth

By BPN News Desk February 10, 2025

Economy National

Finance Minister Nirmala Sitharaman has highlighted the collaborative efforts between the Indian government and the Reserve Bank of India (RBI) to ensure the nation’s economic growth remains on a steady trajectory. She emphasized the importance of affordable interest rates to support

Breaking Down The News Opinion

Breaking Down The News: Understanding the RBI’s Repo Rate Cut and What It Means for You

By BPN News Desk February 10, 2025

The Reserve Bank of India (RBI) recently announced a repo rate cut of 25 basis points, bringing it down to 6.25%. While this might sound like financial jargon, this decision impacts almost every Indian – from homebuyers and business owners to savers and investors. Let’s break it down in simple terms. What is the Repo […]

Economy National

RBI Reduces Repo Rate to 6.25% to Stimulate Economic Growth

By BPN News Desk February 7, 2025

In a move to invigorate the slowing economy, the Reserve Bank of India (RBI) has reduced its key policy rate for the first time in nearly five years. The Monetary Policy Committee (MPC) unanimously decided to lower the repo rate by 25 basis points, bringing it down to 6.25%. This decision reflects the central bank’s […]

Economy National

RBI Expected to Announce Rate Cut

By BPN News Desk February 4, 2025

Following the government’s recent tax reductions, the Reserve Bank of India (RBI) is widely expected to lower interest rates by 25 basis points in its upcoming monetary policy review. The move is aimed at easing financial burdens on middle-class households and accelerating economic growth. Positive Economic Indicators Support Rate Cut Recent economic data indicates a

Finance

Former IMF Executive Director Advocates for Personal Tax Reductions in India

By Editor - News Desk January 28, 2025

Former Executive Director of the International Monetary Fund (IMF), Subhash Chandra Garg, has called for a reduction in personal income tax rates in India, emphasizing that the current tax burden on individuals is excessively high. He suggests that the government should prioritize tax relief for individuals over corporations, noting that while corporate tax rates have […]

Industry

Prime Minister Modi Emphasizes Domestic Value Addition in Manufacturing

By BPN News Desk January 28, 2025

Prime Minister Narendra Modi has expressed a firm stance against the longstanding practice of exporting raw materials from India only to import them back as finished products. He advocates for enhancing value addition within the country to bolster economic growth and self-reliance. Addressing a gathering of industry leaders and policymakers, Modi highlighted the economic

Finance

RBI Announces Measures to Inject ₹1.5 Lakh Crore into Banking System

By BPN News Desk January 28, 2025

The Reserve Bank of India unveils initiatives to infuse ₹1.5 lakh crore into the banking system, aiming to address liquidity deficits and stabilize interest rates.

National

India Secures ₹20 Lakh Crore in Investment Commitments at Davos

By BPN News Desk January 25, 2025

India made a significant impact at the World Economic Forum (WEF) in Davos, securing investment commitments worth ₹20 lakh crore from global companies and investors. The high-level engagement showcased India’s growing stature as an attractive destination for investments and its commitment to fostering an investor-friendly environment. “A Major Milestone for India’s

Business Industry

India’s Service Sector Drives Economic Growth Toward $10 Trillion Goal

By BPN News Desk January 25, 2025

India’s economy is witnessing robust expansion, fueled by significant growth in its service sector and steady performance in manufacturing. According to recent data, the service sector’s strong momentum, coupled with a positive manufacturing Purchasing Managers’ Index (PMI), is propelling India closer to its ambitious goal of becoming a $10 trillion economy.

State News

Reliance Industries to Invest ₹3.05 Lakh Crore in Maharashtra, Creating 3 Lakh Jobs

By BPN News Desk January 24, 2025

Reliance Industries Limited (RIL) has signed a Memorandum of Understanding (MoU) with the Maharashtra government to invest ₹3.05 lakh crore in the state. This significant investment is set to generate approximately 3 lakh job opportunities across various sectors, including new energy, retail, hospitality, and high-tech manufacturing. The MoU was formalized during the World