India Imposes Three-Year Tariff on Steel Imports

By BPN News Desk December 31, 2025

Business Trade

The Indian government has imposed a three-year safeguard tariff on select steel products to curb a surge in low-priced imports and protect domestic manufacturers. The decision follows concerns raised by the steel industry over rising imports that were impacting local production, prices, and

Business Trade

India to Get Full Duty-Free Access to Australia from Jan 1

By BPN News Desk December 30, 2025

All Indian exports will receive complete duty-free access to the Australian market starting January 1, marking the final phase of tariff elimination under the India–Australia Economic Cooperation and Trade Agreement. With this step, Australia will remove customs duties on the remaining tariff lines, extending zero-duty treatment to 100 percent of Indian goods covered under

Business Trade

India Likely to Miss $1 Trillion Export Target in FY26

By BPN News Desk December 25, 2025

India is increasingly likely to fall short of its ambitious USD 1 trillion export target for the fiscal year 2025–26, according to trade analysts. The shortfall is attributed to weak global demand, a slowdown in international trade and rising protectionist measures that have weighed on shipment growth. Merchandise Exports Under Pressure Merchandise export growth has […]

Trade

India Holds Talks With Mexico Over Tariff Threat

By BPN News Desk December 16, 2025

India has initiated talks with Mexico after proposed tariff increases threatened to impact nearly $2 billion worth of Indian exports, officials said. The discussions are taking place at the technical level, with India seeking ways to prevent higher duties from affecting key export sectors. Mexico has announced plans to impose higher import tariffs on countries […]

Trade

India’s Exports Show Fastest Growth in Three Years

By BPN News Desk December 16, 2025

India’s exports recorded their fastest growth in three years, defying concerns over higher tariffs imposed by the United States under President Donald Trump. Official data shows that outbound shipments grew strongly in recent months, driven by resilient demand from key markets, especially the US, and improved competitiveness of Indian goods. Government officials said the

Trade

India’s Trade Deficit Narrows to $24.53 Billion in November

By BPN News Desk December 15, 2025

India’s trade deficit narrowed to $24.53 billion in November, helped by a moderation in imports and relatively stable export performance. The improvement marked a reduction from the wider deficit recorded in the previous month, offering some relief to policymakers monitoring external sector pressures. Officials said the narrowing of the gap was largely driven by a […]

Trade

US Official Calls India’s Trade Proposal “Best Offer Ever”

By BPN News Desk December 10, 2025

A senior US trade official has said that India has presented the “best offers ever received” during recent discussions on bilateral trade. The official revealed that negotiators from both sides are close to finalising agreements on several issues that have remained unresolved for years. Old disputes back on the table The current round of talks […]

Business Trade

India’s Exports To China Rise For Seven Straight Months

By BPN News Desk November 22, 2025

India’s exports to China continued to rise for seven consecutive months in FY26, supported by increased shipments of petroleum products, telecom instruments and marine goods. Official trade data shows that exports to China touched USD 10.03 billion during April to October 2025, marking a strong 24.7 percent year-on-year increase. October Sees Sharp Jump In October […]

Business Trade

India’s Trade Deficit Hits Record $41.68 B in October

By BPN News Desk November 17, 2025

India’s merchandise trade deficit widened to an all-time monthly high of USD 41.68 billion in October 2025, up from USD 32.15 billion in September. The figure far exceeded market expectations of around USD 29 billion. Drivers Behind the Widening Gap Despite weak global demand, India’s merchandise exports declined by roughly 11.8% year-on-year to USD 34.38 […]

Business Trade

India, US in Talks to “Find Landing Ground”

By BPN News Desk October 8, 2025

India and the United States are continuing dialogue over a proposed bilateral trade agreement, with Commerce Minister Piyush Goyal saying that both sides hope to “find a landing ground” on key issues. He confirmed that discussions are ongoing at various levels even amid a U.S. government shutdown. Trade Deal Timeline and Challenges Goyal indicated that […]