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

South India State News

Telangana Secures ₹1.78 Lakh Crore Investments at Davos

By BPN News Desk January 24, 2025

At the World Economic Forum in Davos, Telangana achieved a major milestone by attracting investments worth ₹1.78 lakh crore. The investments span sectors such as green energy, technology, infrastructure, and manufacturing, highlighting the state’s growing appeal as a global investment destination. “A Big Win for Telangana’s Growth” Telangana’s delegation, led

Finance

Foreign Investors Withdraw ₹44,396 Crore from Indian Equities in January

By Editor - News Desk January 20, 2025

In January 2025, foreign investors pulled out ₹44,396 crore from Indian equities, influenced by global economic factors and domestic market concerns.

Finance

Experts Recommend RBI Rate Cut to Sustain Growth

By BPN News Desk January 14, 2025

Economic experts are calling on the Reserve Bank of India (RBI) to implement a 0.25% rate cut in its upcoming February policy review to bolster economic growth and minimize potential sacrifices in India’s recovery momentum. Growth Risks from Delayed Rate Cuts India’s economy has shown resilience amidst global uncertainties, but experts caution that delaying a […]

Economy

Singapore Eyes Investment Opportunities in India’s Expanding Economy

By Editor - News Desk January 12, 2025

Singapore identifies investment prospects in India's rapidly growing economy, focusing on sectors like technology, infrastructure, and finance.

Finance

India’s GST Collections Rise by 7.3% in December, Totaling ₹1.77 Lakh Crore

By BPN News Desk January 3, 2025

India’s Goods and Services Tax (GST) revenue for December 2024 has shown a significant increase, reaching ₹1.77 lakh crore. This marks a 7.3% rise compared to the same period last year, reflecting sustained economic activity and improved tax compliance. Breakdown of GST Revenues The December collections comprise: Central GST (CGST): ₹32,836 crore State GST (SGST):

Economy National

RBI-Government Divide Widens Over Growth and Interest Rates

By BPN News Desk December 2, 2024

As India navigates an economic slowdown, a growing divergence in perspectives between the Reserve Bank of India (RBI) and the central government has come to light. The disagreement revolves around the pace of economic growth and the decision to maintain current interest rates. Government’s Growth Push The central government continues to focus on fiscal measures […]