International

Russia Bans Fuel Exports Through Year-End

By BPN News Desk
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
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
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 […]
Image Credit: https://www.pmindia.gov.in/
Business Trade

India Eyes $100B Trade With Russia

By BPN News Desk
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 […]
Op-Eds Opinion

Delhi Bans Rummy but Shuffles the GST Deck

By BPN News Desk
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 […]
Business Trade

India Pushes Rice Exports to the Philippines

By BPN News Desk
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 […]

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