Switzerland Ratifies EFTA‑India Trade Pact, Set for September

By BPN News Desk July 12, 2025

Business Trade

Switzerland has formally completed approval of the Trade and Economic Partnership Agreement (TEPA) with India and the other European Free Trade Association (EFTA) members—Norway, Iceland, and Liechtenstein—bringing to a close nearly 16 years of negotiation. India’s Commerce Minister has

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 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 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 Trade

US Clean‑Energy Bill Threatens Indian Solar Exports and “Make in USA” Plans

By BPN News Desk July 3, 2025

A newly passed U.S. Senate megabill aimed at rolling back clean‑energy incentives has sent shockwaves through Indian solar manufacturers, threatening exports and “Make in USA” plans anchored in American subsidy programs. Incentives Cut and Excise Taxes Introduced The legislation significantly trims several key provisions of the 2022 Inflation Reduction Act (IRA). Wind and

Business Trade

Indonesia Urges India to Maintain Stable Palm‑Oil Import Policy

By BPN News Desk July 3, 2025

Indonesia, the world’s largest producer of crude palm oil (CPO), has called on India to adopt a predictable and transparent import framework to ensure reliable trade flows and minimize market disruption. Surge in Indian Palm‑Oil Imports In June, India’s palm‑oil purchases reached their highest level in 11 months, totaling around 953,000 MT. The surge was driven

Business Trade

US Farmers Warn of Risks if India Cuts Tariffs in Trade Deal

By BPN News Desk July 1, 2025

As talks continue toward a potential US‑India trade deal, American farm groups are cautioning that sweeping tariff cuts on US agricultural exports—such as wheat, pulses, dairy, and fresh fruits—could inflict severe harm on India’s domestic farming sector and food sovereignty. According to the US Farm Trade Risk Index (GTRI), the removal of India’s high tariffs—some […]

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 […]