Gold Prices Drop ₹1,200 After Hitting Record High

By BPN News Desk February 17, 2025

Business Trade

Gold prices in India saw a sharp decline of ₹1,200 per 10 grams, bringing the price down to ₹88,200 after hitting an all-time high. The drop follows fluctuations in the international market, with global gold rates showing signs of correction. Global Market Trends Impacting Gold Rates The recent

International Trade

India and U.S. Sign Energy Deal to Boost Oil and Gas Trade

By BPN News Desk February 14, 2025

India and the United States have signed an agreement to enhance energy cooperation, positioning the U.S. as a leading supplier of oil and gas to India, aiming to strengthen India's energy security and deepen bilateral trade ties.

Trade

India Develops Sanctions-Proof Supply Chain for Russian Oil

By BPN News Desk February 13, 2025

Indian oil refiners are restructuring supply chains, creating new entities, and exploring alternative payment methods to maintain Russian crude imports amid tightening international sanctions.

Trade

India’s Solar Module Exports to the U.S. Face Uncertainty Amid Policy Shifts

By BPN News Desk January 28, 2025

India's significant solar module exports to the U.S. in 2024 face potential challenges due to recent U.S. policy changes under President Trump's administration, prompting Indian manufacturers to explore alternative markets.

Business Trade

India’s Exports Achieve Record High Despite Global Trade Slowdown

By BPN News Desk January 27, 2025

India has defied global economic challenges to achieve a record high in exports, showcasing its resilience and adaptability in an environment marked by slowing global trade. The remarkable performance highlights the country’s ability to navigate economic headwinds while capitalizing on emerging opportunities in international markets. “India’s Export Performance Amid

Trade

India Considers Tariff Reductions and Increased Imports to Address U.S. Trade Concerns

By Editor - News Desk January 24, 2025

To counter potential U.S. trade actions, India is exploring options like lowering import tariffs and boosting purchases of American goods, aiming to reduce its trade surplus and strengthen economic relations.

Business Trade

Foreign Investors Pull Out $5 Billion from Indian Stocks Amid Profit Concerns

By BPN News Desk January 23, 2025

Foreign portfolio investors (FPIs) have sold approximately $5 billion worth of Indian equities in recent weeks, reflecting cautious sentiment over diminishing profit expectations in India’s stock market. This significant outflow signals a shift in investor appetite as global and domestic factors weigh on market dynamics. “Profitability Concerns Drive Sell-Off”

Trade

India’s Trade Deficit Narrows to $21.94 Billion in December

By Editor - News Desk January 15, 2025

In December 2024, India’s merchandise trade deficit decreased to $21.94 billion, a significant reduction from the record $31.86 billion observed in November. This improvement is largely attributed to a substantial decline in gold imports, which halved to $4.7 billion during the month. Export Performance Merchandise exports experienced a slight contraction of 1%

Trade

India to Boost Textile Exports Amid Bangladesh’s Political Crisis

By BPN News Desk January 15, 2025

India is preparing to strengthen its textile sector to seize a larger share of the global market as Bangladesh, one of the world’s largest garment exporters, faces disruptions due to its ongoing political crisis. The instability in Bangladesh has impacted global supply chains, prompting international retailers to explore alternative sourcing options. The Indian

Trade

EU Increases Russian LNG Imports Amidst New US Sanctions Impacting India’s Energy Supplies

By BPN News Desk January 14, 2025

Despite new US sanctions on Russian energy, the EU's imports of Russian LNG have reached record levels, while India's oil and gas imports face potential disruptions.