India Eyes $100B Trade With Russia

By BPN News Desk September 15, 2025

Business Trade

The exit of Western firms from Russia has opened space for Indian exporters to expand their presence. ITE Group CEO said the situation could help bilateral trade between India and Russia reach USD 100 billion in the coming years. Opportunities for Indian Exporters With Western companies pulling

Business Trade

Switzerland Eases Rules for India-EFTA FTA Rollout

By BPN News Desk September 4, 2025

Switzerland has streamlined its regulations to activate the Trade and Economic Partnership Agreement (TEPA) with India, effective from 1 October 2025. The move clears the way for the pact to come into force as scheduled. Regulatory Changes Enable Entry Into Force Switzerland, the largest economy within the four-nation European Free Trade Association (EFTA), has completed

Business Trade

India Pushes Rice Exports to the Philippines

By BPN News Desk August 31, 2025

India is stepping up efforts to expand rice exports to the Philippines, the world’s largest rice importer. In 2024, the Philippines imported rice worth about USD 2.52 billion, while India’s share stood at just USD 48.91 million, reflecting a vast untapped potential for Indian exporters. Export Promotion Mission A delegation of Indian rice exporters will […]

Business Trade

India Resumes FTA Talks with Eurasian Bloc

By BPN News Desk August 21, 2025

India has restarted negotiations for a Free Trade Agreement (FTA) with the Eurasian Economic Union (EAEU), a bloc led by Russia and including Armenia, Belarus, Kazakhstan, and Kyrgyzstan. The two sides signed the Terms of Reference (ToR) in Moscow to formally relaunch talks. The EAEU represents a market with a combined GDP of over $6.5 […]

Business Trade

India’s Rice Exports Expected to Withstand US Tariff

By BPN News Desk July 31, 2025

The Indian Rice Exporters Federation (IREF) has stated that the recently announced 25% U.S. tariff on Indian rice imports, effective August 1, is unlikely to cause major disruption. The industry considers it a short-term hurdle and expects exports to remain largely stable due to India’s pricing advantage and established global position. U.S. Not a Major […]

Business Trade

Trump Slaps 25% Tariff and Penalty Tax on India

By BPN News Desk July 30, 2025

President Donald Trump announced on July 30 that the United States will implement a 25% tariff on all goods imported from India starting August 1. Alongside the tariff, a penalty tax will also be imposed due to India’s continued defense and energy trade with Russia. India’s Russia Ties Cited as Key Factor Trump stated that […]

Business Trade

India–US Trade Talks Miss August 1 Tariff Deadline

By BPN News Desk July 29, 2025

India and the United States have not finalized a bilateral trade deal ahead of the August 1 deadline set under the Trump administration’s new tariff policy. As a result, Indian exporters now face the risk of higher U.S. tariffs ranging from 20% to 25% on key products such as pharmaceuticals, textiles, gems, leather, and seafood. […]

Business Trade

British Media Hails India-UK FTA as Post-Brexit Win

By BPN News Desk July 25, 2025

British media outlets have praised the newly signed Free Trade Agreement (FTA) between the United Kingdom and India as a major success in the UK’s post-Brexit trade strategy. The agreement, finalized on July 24, is being described in the UK press as a “bumper deal” and “the most significant since Brexit,” giving Britain much-needed momentum […]

Business Trade

India Confident of Special Treatment in US Trade Talks

By BPN News Desk July 25, 2025

India’s ongoing trade negotiations with the United States have entered an advanced stage, with Commerce Minister Piyush Goyal expressing optimism about the outcome. Speaking to reporters this week, Goyal said five rounds of talks have already taken place and that discussions are progressing at a “fantastic” pace. India Pushes for Preferential Access Goyal stated that […]

Business Trade

Switzerland Ratifies EFTA‑India Trade Pact, Set for September

By BPN News Desk July 12, 2025

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 announced the pact is set to enter into force in September 2025, ushering in new