Business Trade

India’s Russian Oil Imports Reach €49 Billion Amid Ongoing Ukraine Conflict

By BPN News Desk February 25, 2025

In the third year of the ongoing Ukraine conflict, India has significantly increased its importation of Russian crude oil, totaling €49 billion. This substantial rise is attributed to the availability of discounted prices, prompting India to shift its traditional oil sourcing from the Middle East to Russia. Impact of the Ukraine Conflict on Global Energy […]

Business Trade

India Doubles Crude Oil Imports from the US

By BPN News Desk February 24, 2025

India’s crude oil imports from the United States saw a dramatic increase in February 2025, doubling to an average of 200,000 barrels per day (bpd) from 110,000 bpd in January. This rise underscores India’s efforts to diversify its energy sources amid shifting global trade patterns and geopolitical tensions. The increase in imports from the US […]

Business Trade

Sensex Falls Below 75,000 Amid Global Growth Concerns

By BPN News Desk February 24, 2025

On Monday, February 24, 2025, Indian equity markets witnessed a substantial downturn, with the BSE Sensex falling below the 75,000 mark and the Nifty 50 index experiencing a significant drop. This decline is primarily attributed to escalating concerns over global economic growth, particularly in the United States, which have unsettled investors. Sensex and Nifty Plunge

Trade

India’s Agricultural Exports Achieve Historic Milestones Under Modi Government

By BPN News Desk February 23, 2025

Under Prime Minister Narendra Modi’s administration, India’s agricultural exports have experienced a significant surge, with several products entering international markets for the first time. This expansion not only showcases the country’s diverse agricultural capabilities but also aligns with the government’s vision of ‘Aatmanirbhar

Trade

India and U.S. Nearing Comprehensive Trade Agreement: Piyush Goyal

By Editor - News Desk February 23, 2025

Union Commerce and Industry Minister Piyush Goyal has announced that India and the United States are on the verge of finalizing a comprehensive bilateral trade agreement, which he described as the “mother of all deals.” Speaking at the Invest Kerala Global Summit (IKGS) on February 21, 2025, Goyal expressed optimism about the forthcoming negotiations with […]

Business Trade

Gold Prices Drop ₹1,200 After Hitting Record High

By BPN News Desk February 17, 2025

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 price dip comes amid shifting global market […]

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