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EC Questions Tejashwi Over Unofficial Voter ID

By BPN News Desk August 3, 2025
National
The Election Commission (EC) has asked Bihar opposition leader Tejashwi Yadav to hand over an alleged extra voter ID card for investigation. Officials say the card he displayed at a press conference appears not officially issued. Confusion Over EPIC Numbers Tejashwi claimed his name was missing
Finance

RBI’s ₹1.9 Lakh Crore Liquidity Infusion Expected to Lower Lending Rates

By BPN News Desk March 18, 2025
The Reserve Bank of India (RBI) has implemented significant liquidity infusion measures aimed at stimulating economic growth and potentially leading to a reduction in lending rates sooner than anticipated. These measures are designed to alleviate liquidity constraints in the banking system, thereby enabling banks to lower borrowing costs for consumers and businesses. To
Economy National

India’s Forex Reserves Climb to $653.97 Billion in March

By BPN News Desk March 14, 2025
India’s foreign exchange (forex) reserves have seen a significant increase, rising by $15.26 billion to reach $653.97 billion as of March 7. The latest surge in reserves reflects the country’s strong external position and a stable economic outlook, reinforcing confidence in India’s financial resilience. Forex Reserves Witness Significant Growth India’s forex reserves have
Economy

India’s Inflation Drops to 3.61% in February 2025, Raising Prospects of April Rate Cut

By BPN News Desk March 13, 2025
India’s retail inflation fell to 3.61% in February 2025, marking the first time in six months that it has dropped below the Reserve Bank of India’s (RBI) medium-term target of 4%.  This decline is primarily attributed to a decrease in food prices, particularly vegetables, which saw a 1.07% year-on-year reduction.  The easing of inflationary pressures
Finance

India’s Inflation Likely Falls Below 4% in February, First Time in Six Months

By BPN News Desk March 10, 2025
India's CPI inflation is projected to have dropped below 4% in February 2025 due to easing food prices, raising expectations for further interest rate cuts and economic growth.
Finance

India Poised to Reduce GST Rates and Simplify Tax Structure: Finance Minister Nirmala Sitharaman

By BPN News Desk March 9, 2025
Finance Minister Nirmala Sitharaman announces imminent reductions in GST rates and rationalization of tax slabs, with the review process in its final stages, aiming to simplify the tax structure and promote economic growth.
Trade

China’s Exports Hit Record $540 Billion Amid Rush to Beat U.S. Tariffs

By BPN News Desk March 7, 2025
In December 2024, China's exports surged to a record $540 billion as manufacturers accelerated shipments to avoid impending U.S. tariffs proposed by President Donald Trump.
Finance

India on Track to Achieve $10 Trillion Economy Within a Decade: Finance Commission Chief

By BPN News Desk March 2, 2025
Arvind Panagariya, Chairman of the 16th Finance Commission, has expressed confidence in India’s trajectory toward becoming a $10 trillion economy within the next decade. Speaking at the 49th Civil Accounts Day celebrations in New Delhi, Panagariya highlighted India’s robust economic performance over the past two decades, noting an average annual growth rate of
Finance

India Communicates Challenges in Reducing Fiscal Deficit to 3% of GDP to IMF

By BPN News Desk February 28, 2025
The Indian government has conveyed to the International Monetary Fund (IMF) that reducing the fiscal deficit to approximately 3% of the Gross Domestic Product (GDP) presents significant challenges. This communication underscores the complexities involved in achieving such a fiscal target. In a recent report, both the IMF and the Indian government acknowledged the necessity
Finance

RBI Eases Lending Norms for NBFCs and Microfinance Institutions

By BPN News Desk February 26, 2025
The Reserve Bank of India (RBI) has eased lending restrictions on non-bank financial companies (NBFCs) and microfinance institutions (MFIs) by lowering risk weights for bank credit. This move aims to boost lending capacity and support economic growth, reversing the slowdown observed after previous regulatory measures. In November 2023, the RBI had increased risk weights
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