Business Trade

India Plans Retaliatory Tariffs on U.S. Goods Amid Trade Row

By BPN News Desk July 5, 2025

India has escalated trade tensions with the United States by formally notifying the World Trade Organization (WTO) of its intent to impose retaliatory tariffs on select U.S. goods. The decision comes in response to Washington’s recent 25% safeguard duties on automobile and auto part imports. This marks a hardened stance by New Delhi just days […]

Business Finance

RBI Publishes List of 1,600 Legal Digital Lending Apps

By BPN News Desk July 4, 2025

In a major move to enhance transparency and protect consumers in India’s rapidly growing fintech space, the Reserve Bank of India (RBI) has released a comprehensive list of 1,600 verified Digital Lending Apps (DLAs) on its official website. This step aims to help users identify legitimate platforms and avoid falling prey to fraudulent or unregulated […]

Business Trade

India’s Mango Exports to UAE Reach $20 Million in 2024

By BPN News Desk July 4, 2025

India’s mango exports to the United Arab Emirates touched a major milestone in 2024, reaching $20 million in value and a total export volume of 12,000 tonnes. This makes the UAE the largest importer of Indian mangoes, underlining the growing demand for premium Indian varieties in global markets. UAE Becomes Top Buyer of Indian Mangoes […]

Business Finance

Banking System Liquidity Hits ₹3.74 Trillion, RBI Responds

By BPN News Desk July 4, 2025

India’s banking system has recorded a surplus liquidity of ₹3.74 trillion as of July 2, marking the highest level seen since June 2022. According to Reserve Bank of India (RBI) data, the surplus is the result of a combination of government spending patterns and weak Goods and Services Tax (GST) collections, creating a temporary flush […]

Business Trade

India-US Mini Trade Deal to Skip Sensitive Sectors for Now

By BPN News Desk July 4, 2025

India and the United States are nearing a phased mini trade agreement, with the first round of concessions likely to sidestep politically contentious sectors such as agriculture, dairy, and genetically modified food imports. According to Confederation of Indian Industry (CII) President Rajiv Memani, the strategy is to focus on areas of early consensus while deferring […]

Business Trade

India May Allow GM Animal-Feed Imports in US Trade Deal

By BPN News Desk July 4, 2025

India is considering a significant trade policy shift by allowing the import of genetically modified (GM) animal-feed products from the United States as part of a broader mini trade agreement. With a July 9 deadline looming, the move is aimed at averting higher tariffs from Washington and concluding talks that have been in the works […]

Business Trade

India, US Rush to Finalize Mini Trade Deal in 48 Hours

By BPN News Desk July 3, 2025

India and the United States have embarked on intensive discussions aimed at securing a mini trade agreement within the next 48 hours. The fast-tracked talks, taking place in Washington, aim to unlock stalled trade talks and address market access concerns ahead of the next round of comprehensive negotiations later this year. Negotiations Accelerate Amid Trade […]

Business Finance

RBI Report Finds Sharp Rise in Individual Borrowers’ Per‑Capita Debt

By BPN News Desk July 3, 2025

According to the latest Reserve Bank of India statistics, the per‑capita debt carried by individual borrowers has increased notably over the past two years. The report highlights that average outstanding personal loans per borrower have climbed substantially, reflecting broader credit trends and shifting household financial behaviour. Rising Trend in Personal Borrowing The

Business Finance

HDFC CEO Jagdishan Moves SC to Quash Lilavati Trust FIR

By BPN News Desk July 3, 2025

HDFC Bank’s Managing Director & CEO, Sashidhar Jagdishan, has escalated the legal battle surrounding the Lilavati Kirtilal Mehta Medical Trust by approaching the Supreme Court. He seeks to overturn an FIR accusing him of accepting ₹2.05 crore in exchange for influencing governance decisions of the Trust. The case has triggered a storm of legal and public […]

Business Finance

₹2,000 Notes Worth ₹6,181 Cr Still in Circulation

By BPN News Desk July 3, 2025

Despite the Reserve Bank of India withdrawing ₹2,000 banknotes from general circulation on May 19, 2023, a significant amount still remains with the public. As of May 31, 2025, around ₹6,181 crore worth of these notes—roughly 1.76% of the original ₹3.56 lakh crore issued—are yet to be returned. ₹2,000 Notes Still Accepted as Legal Tender Although no longer actively printed