RBI Governor Says India Remains a Key Driver of Global Growth

By BPN News Desk July 1, 2025

Economy National

The Reserve Bank of India (RBI) has reaffirmed that India continues to act as a key engine of global growth, driven by robust domestic demand, disciplined fiscal policies, and a resilient financial system. Governor Sanjay Malhotra emphasised that despite global headwinds—from geopolitical

Economy National

India to Become World’s Third-Largest Economy by 2027, Says Piyush Goyal

By BPN News Desk June 25, 2025

Union Commerce and Industry Minister Piyush Goyal recently stated that India is on track to become the world’s third-largest economy by 2027, a goal driven by sweeping economic reforms, robust infrastructure investment, and enhanced global competitiveness. Speaking at an industry event, he emphasized that “great economies are not built in calm waters,” underlining India’s

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.

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

Economy National

World Bank Lauds India’s Economic Resilience Amid Global Challenges

By BPN News Desk February 27, 2025

The World Bank has acknowledged India’s strong economic performance, describing it as a “shining light in the world” and “the best place to invest.” This recognition comes amid global economic uncertainties, positioning India as a key attraction for investors and policymakers. India’s Economic Growth Amidst Global Slowdown Despite the

Finance

Retail Inflation Drops to Four-Month Low at 5.22%

By BPN News Desk January 13, 2025

India’s retail inflation eased to 5.22% in December, hitting a four-month low and remaining within the Reserve Bank of India’s (RBI) comfort zone of 2-6%. This decline is attributed to falling food prices and improved supply chains, offering relief to policymakers and consumers alike. Food Prices Drive Inflation Decline The primary factor behind the dip […]