India’s Defence Exports Soar to New High

By BPN News Desk October 7, 2025

Defence National

India’s defence exports reached a record ₹23,622 crore in FY25, marking a 12 percent rise over the previous year and representing a 34-fold increase compared to FY14 levels. Private Sector Leads Export Growth Private companies emerged as the main contributors, accounting for nearly 64.5 percent

International

Russia Bans Fuel Exports Through Year-End

By BPN News Desk September 26, 2025

Russia has announced a partial ban on diesel exports and an extension of its gasoline export ban through the end of 2025. The measures are aimed at prioritising domestic fuel availability amid supply pressures. Reason Behind Move The decision follows a series of Ukrainian drone attacks on Russian oil refineries, which disrupted refining operations and […]

Business Industry

India’s Smartphone Exports Jump 39%

By BPN News Desk September 26, 2025

India’s smartphone exports in August 2025 rose by 39% compared to August 2024, reaching USD 1.53 billion. This growth was driven largely by strong international demand. U.S. Shipments Double Exports to the United States more than doubled, climbing to USD 965 million from USD 388 million a year ago—a 148% increase. This highlights the U.S. […]

Business Trade

Indian Shrimp Exports Pivot to China

By BPN News Desk September 25, 2025

The United States recently imposed a 50% tariff on Indian goods, including shrimp, making Indian exports far less competitive in the U.S. market. This has prompted Indian shrimp exporters to seek alternate destinations to sustain their trade. China Emerges as New Destination Exporters are now turning to China, which is increasingly seen as a promising […]

Economy National

India’s Trade Deficit Narrows to $26.49B in August

By BPN News Desk September 15, 2025

India’s merchandise trade deficit eased in August 2025 to US$ 26.49 billion, showing an improvement compared to US$ 27.35 billion in July. The narrowing gap came despite both exports and imports recording a decline, highlighting the slowdown in global trade activity as well as domestic demand pressures. Exports & Imports Decline Exports in August fell […]

Business Trade

India Eyes $100B Trade With Russia

By BPN News Desk September 15, 2025

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 out, Indian firms, especially MSMEs, are finding opportunities […]

Business Industry

Centre Warns Iron Ore Exporters of Duty or Ban

By BPN News Desk September 15, 2025

The Indian government has directed iron ore miners and exporters to increase production and cut domestic prices by half or face the possibility of an export duty or even a complete export ban starting 2 October 2025. The move comes after rising ore prices created difficulties for domestic steelmakers. Possible Export Duty The Finance Ministry […]

Op-Eds Opinion

Delhi Bans Rummy but Shuffles the GST Deck

By BPN News Desk September 6, 2025

The irony is too perfect. The Indian government banned online rummy, poker, and fantasy sports calling them “gambling,” thereby forfeiting nearly ₹20,000 crore in annual tax revenue. And yet, at the same time, it has embarked on its own gamble — GST 2.0 — giving up another ₹50,000–70,000 crore in revenues, all while running a […]

International

India Seeks New Markets for Pharma as U.S. Tariff Risks Grow

By BPN News Desk September 2, 2025

India is looking to expand its pharmaceutical exports to Russia, Brazil, and the Netherlands as a safeguard against possible U.S. tariff measures. The U.S. remains India’s largest market, accounting for nearly US$10.5 billion in exports in fiscal 2025, but growing trade tensions have pushed New Delhi to diversify its export destinations. Export Numbers and Growth […]

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 […]