Hungary Bans Fuel Exports Amid Oil Price Surge

By BPN News Desk March 10, 2026

International

Hungary has banned exports of crude oil, diesel and 95-octane petrol and will release fuel from state reserves as the government moves to contain the domestic impact of rising global oil prices. The measures come as wider tensions affecting oil supply routes continue to push energy costs higher

Op-Eds Opinion

US Supreme Court Tariff Ruling: India Locked Into an 18% Mistake?

By BPN News Desk February 21, 2026

The ground beneath global trade did not just shift on February 20, 2026—it gave way entirely. But the real story started weeks earlier, on February 6, when India rushed to sign an interim trade framework while a high-stakes legal battle was still looming over Washington. Now that the US Supreme Court has dismantled President Trump’s […]

Op-Eds Opinion

India Partners Greece For Defence Manufacturing: Aatmanirbhar Bharat Enters European Supply Chains

By BPN News Desk February 11, 2026

India’s defence policy has quietly undergone a transformation. For decades the debate revolved around imports versus indigenous production. Now the question has changed. The goal is no longer just to build weapons in India, but to make Indian weapons acceptable across the world. The Joint Declaration of Intent signed between India and Greece fits precisely […]

International

US Cuts Bangladesh Tariff To 19 Percent

By BPN News Desk February 10, 2026

The United States (US) has reduced tariffs on certain Bangladesh exports to 19% under a new trade arrangement, a move expected to affect bilateral trade flows and export competitiveness. US Bangladesh Tariff Reduction Deal Officials said the revised tariff structure lowers duties on selected goods entering the American market. The decision forms part of efforts […]

International

US Opens Tariff Free Market For India Exports

By BPN News Desk February 7, 2026

India and the United States (US) have expanded market access for selected agricultural and pharmaceutical products, with Commerce and Industry Minister Piyush Goyal stating that certain Indian exports will now enter the US without tariff. The development is part of ongoing trade engagement aimed at strengthening bilateral commerce. Zero Duty Access For Indian Farm Exports

International

US Removes 25% Tariffs On Indian Goods from February 7

By BPN News Desk February 7, 2026

The United States (US) has decided to remove the additional 25 percent retaliatory tariffs imposed on several Indian goods, marking a fresh step toward easing trade tensions between the two countries. The change takes effect from February 7 and is expected to benefit multiple export sectors. US Removes Retaliatory Tariffs On Indian Goods The extra […]

Op-Eds Opinion

How $48 Billion in Indian Exports and Small Businesses Benefited from the US Tariff Cut

By BPN News Desk February 3, 2026

For much of 2025, India’s export sector was pushed into a corner by an unprecedented escalation of US tariffs. In a phased move, duties on Indian goods entering the United States climbed from already elevated levels to as high as 50 percent. This was not a marginal increase. It was a shock that threatened the […]

Business

Exports Get Boost After India-US Trade Deal

By BPN News Desk February 3, 2026

India’s textiles, carpets and leather exports are expected to gain momentum following the India–US trade deal, which includes a reduction in US tariffs on Indian goods to 18 percent. Exporters said the move will improve price competitiveness of Indian products in the American market, especially for labour-intensive sectors. Industry Sees Revival in Orders Industry

Business Trade

India to Get Full Duty-Free Access to Australia from Jan 1

By BPN News Desk December 30, 2025

All Indian exports will receive complete duty-free access to the Australian market starting January 1, marking the final phase of tariff elimination under the India–Australia Economic Cooperation and Trade Agreement. With this step, Australia will remove customs duties on the remaining tariff lines, extending zero-duty treatment to 100 percent of Indian goods covered under

North India State News

UP Steps Up Services Push for $50 Billion Export Goal

By BPN News Desk December 25, 2025

Uttar Pradesh has intensified efforts to expand services exports as part of its plan to reach a USD 50 billion export target and build a USD 1 trillion state economy. The strategy is anchored in the state’s Export Promotion Policy for the 2025–30 period, which seeks to complement merchandise exports with faster growth in services. […]