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.

Trade

Malaysia Imposes Duties on Iron, Steel Imports from China, India, Japan, S. Korea

By BPN News Desk January 14, 2025

Malaysia enforces provisional anti-dumping duties ranging from 2.52% to 36.80% on flat-rolled iron and steel products from China, India, Japan, and South Korea to protect its domestic industry.

Defence Trade

India’s Akash-1S Air Defence System Nears Second Export Deal in 2025

By BPN News Desk January 13, 2025

Following its initial export to Armenia, India's Akash-1S air defence system is set to secure a second international buyer in 2025.

Industry Trade

India’s iPhone Exports Surpass ₹1 Lakh Crore in 2024

By Editor - News Desk January 13, 2025

Apple's iPhone exports from India cross ₹1 lakh crore, with production and value addition rising significantly in 2024.

Trade

India’s Coal Imports Rise 2% to 182 Million Tonnes in April-November

By Editor - News Desk January 13, 2025

India's coal imports increased by 2% to 182.02 million tonnes during April-November 2024, with a notable decline in November imports due to sufficient domestic supply.