Business Trade

India to Export 40,000 Tonnes of Shrimp to US Amid Tariff Pause

By BPN News Desk April 15, 2025

India is preparing to export between 35,000 and 40,000 tonnes of shrimp to the United States following a 90-day pause in proposed tariff hikes. The development offers a significant relief to Indian seafood exporters, who were facing uncertainty due to a planned 26% retaliatory tariff. The temporary pause now allows a flat 10% duty on […]

Business Trade

India Eyes US Precious Metal Imports to Narrow Trade Gap

By BPN News Desk April 12, 2025

In a strategic effort to reduce its widening trade deficit with the United States, India is exploring the possibility of importing high-value commodities such as gold, silver, platinum, and precious stones from the American market. This move is aimed at narrowing the trade gap that stood at $34.75 billion between April 2024 and February 2025. […]

Business Industry

India’s Electronics Manufacturing Value Addition Surges to 70%, Projected to Reach 90% by FY27

By BPN News Desk April 12, 2025

India’s electronics manufacturing sector is witnessing unprecedented growth, with value addition climbing from just 30% to 70% over the past few years. The sector is now poised to reach 90% value addition by the fiscal year 2026-27 (FY27), signaling a major leap toward self-reliance and global competitiveness. This remarkable progress is being driven by robust […]

Business Markets

Asian Markets Extend Losses Amid Escalating Trade Tensions

By BPN News Desk April 11, 2025

Asian stock markets are heading for a third consecutive weekly decline, as intensifying trade tensions between the United States and China continue to unsettle global investors. The latest round of retaliatory tariffs imposed by both nations has amplified concerns over a prolonged economic standoff, triggering widespread sell-offs across major indices in the region.

Business Industry

Gold Prices Hit Record High as Investors Flee to Safe-Haven Assets

By BPN News Desk April 11, 2025

Gold prices have surged to an all-time high, soaring past $3,200 per ounce as investors flee to safe-haven assets amid heightened global uncertainty. The dramatic spike comes in the wake of escalating trade tensions, sharp equity sell-offs, and widespread market anxiety triggered by policy unpredictability and currency fluctuations. The surge in gold prices follows a […]

Business Trade

Chinese Steel Undercuts Indian Market Amid Tariff Uncertainty

By BPN News Desk April 11, 2025

India’s steel industry is facing renewed pressure from an influx of low-cost Chinese steel, with imported prices undercutting domestic rates by as much as 12%. This aggressive pricing has sparked alarm within the industry, threatening the profitability and sustainability of Indian steel producers, particularly small and medium-sized enterprises already operating on

Business Finance

Higher GST on Hotel Dining: Impact on Consumers and Industry

By BPN News Desk April 9, 2025

Starting April 1, 2025, a new Goods and Services Tax (GST) structure will come into effect for restaurant services offered within hotels. Under the revised system, hotels with room tariffs exceeding ₹7,500 per night will charge 18% GST on food and beverage services, but will also be allowed to claim Input Tax Credit (ITC). This […]

Business Industry

Tata’s ₹27,000 Crore Semiconductor Investment in Assam Highlights Northeast’s Growth Potential

By BPN News Desk April 8, 2025

At the News18 Rising Bharat Summit 2025, Union Minister for Communications and Development of North Eastern Region, Jyotiraditya Scindia, lauded Tata’s decision to invest ₹27,000 crore in establishing a semiconductor assembly and test facility in Assam. He noted that this investment not only underscores the region’s industrial potential but also aligns with the

Business Finance

Rising Debt Levels Among India’s Middle Class: A Growing Concern

By BPN News Desk April 7, 2025

India’s middle class is increasingly falling into a debt trap, with a growing number of households relying on loans not just for investments or emergencies, but for daily survival. Approximately two-thirds of middle-income families have taken personal loans, many juggling multiple high-ticket credit liabilities such as credit cards, BNPL schemes, and unsecured EMIs. This

Business Trade

India Eyes Global Dairy Market as U.S. Trade Tensions Open Export Opportunities

By BPN News Desk April 7, 2025

India is poised to capitalize on shifting global trade dynamics as recent U.S. tariff hikes trigger retaliatory actions from key trade partners, opening a potential gap in international dairy supply chains. With the U.S. facing trade barriers in several markets, countries across West Asia, North Africa, Southeast Asia, Sub-Saharan Africa, and parts of East Asia […]