Business Finance

Small-Savings Rates Unchanged for July–September Quarter

By BPN News Desk July 1, 2025

The Government of India has decided to maintain steady interest rates on key small-savings schemes—including Public Provident Fund (PPF), National Savings Certificate (NSC), Sukanya Samriddhi Yojana (SSY), Senior Citizen Savings Scheme (SCSS), along with various post‑office Time and Recurring Deposits, Kisan Vikas Patra, Monthly Income Scheme (MIS), and Savings

Business Trade

Jaishankar Hints at Imminent India-US Trade Deal

By BPN News Desk July 1, 2025

External Affairs Minister S. Jaishankar has signalled that an announcement on the much-anticipated India-US trade deal could be made in the coming days. Speaking during an event in New York, Jaishankar remarked, “And I think we’ll have to watch this space for the next few days,” suggesting that both sides are in the final stages […]

Business Trade

Trump-Modi Ties Boost Trade Deal Talks

By BPN News Desk July 1, 2025

Amid growing strategic alignment between Washington and New Delhi, the White House has confirmed that a long-anticipated trade agreement between the United States and India is nearing completion. With only days left before a crucial tariff deadline, both countries are said to be finalising the terms of an “early harvest” deal that could reshape bilateral […]

Business Finance

FM Sitharaman Reviews PSU Banks, Stresses Inclusion & Innovation

By BPN News Desk June 30, 2025

Union Finance Minister Nirmala Sitharaman recently chaired a comprehensive review meeting of India’s public sector banks (PSBs), directing them to intensify their focus on financial inclusion, digital innovation, and stronger credit practices. The session evaluated each bank’s performance and explored how the sector can evolve to meet national economic goals while serving

Business Markets

FPIs Infuse Over ₹13,000 Crore Into Indian Markets in a Week

By BPN News Desk June 28, 2025

India witnessed a substantial surge in foreign capital inflow last week as Foreign Portfolio Investors (FPIs) injected a net ₹13,107.54 crore into the Indian markets during the week ending June 27. The investment spanned both equities and debt instruments, indicating a broad-based return of international investor confidence in India’s economic outlook and policy framework.

Business Industry

Tata Sons to Launch ₹500 Crore Trust for Air India Crash Victims’ Families

By BPN News Desk June 28, 2025

Tata Sons has announced a dedicated ₹500 crore trust to support families affected by the Air India Flight AI‑171 crash near Ahmedabad on June 12. The proposal, presented by Chairman N Chandrasekaran, demonstrates the Group’s commitment to enduring care for those impacted by the tragedy. The AI‑171 Trust will provide a range of assistance, including compensation, medical

Business Trade

India Exports First Batch of Rose-Scented Litchis to Qatar and UAE

By BPN News Desk June 28, 2025

India has officially launched the export of its premium rose-scented litchis from Pathankot, Punjab, with one metric tonne dispatched to Qatar and another half metric tonne headed for the United Arab Emirates. According to the Commerce Ministry, these twin consignments represent a significant milestone in the country’s agri-export strategy and underscore the vast potential

Industry

India’s Coal Imports from Russia Hit Two‑Year High in May

By BPN News Desk June 28, 2025

India’s thermal coal imports from Russia surged to 1.3 million tonnes in May, marking a 52% month-on-month increase—the highest monthly volume in two years. This surge reflects a strategic shift in sourcing, driven by cost advantages, rising quality, and diversification of energy imports. Coal Import Surge In May, India imported a record 1.3 million tonnes of Russian […]

Business Trade

India Bars Certain Jute Textile Imports via Land Border

By BPN News Desk June 28, 2025

India has imposed new restrictions on the import of select jute textile items from Bangladesh via land borders, while continuing to permit their entry through the Nhava Sheva seaport in Maharashtra. The policy, effective immediately, is designed to protect India’s domestic jute industry from being undercut by cheaper imports and to strengthen quality control and […]

Business Industry

Reliance, Nayara Dominate India’s Russian Oil Imports

By BPN News Desk June 26, 2025

India has become the largest global buyer of Russia’s Urals crude oil in 2025, with private refiners Reliance Industries and Nayara Energy accounting for nearly 45% of total seaborne exports of the grade. This surge not only reinforces India’s pivotal role in the global oil trade but also highlights the growing influence of private refineries […]