Business Trade

India–US Trade Talks Miss August 1 Tariff Deadline

By BPN News Desk July 29, 2025

India and the United States have not finalized a bilateral trade deal ahead of the August 1 deadline set under the Trump administration’s new tariff policy. As a result, Indian exporters now face the risk of higher U.S. tariffs ranging from 20% to 25% on key products such as pharmaceuticals, textiles, gems, leather, and seafood. […]

Business Industry

India–UK Pact Opens UK Market to Indian Seafood

By BPN News Desk July 28, 2025

India and the United Kingdom have signed the Comprehensive Economic and Trade Agreement (CETA), a landmark free trade deal that will allow 99% of Indian exports to enter the UK market without customs duties. This includes a significant win for Indian seafood exporters, as a range of marine products will now be tariff-free. Key Products […]

National

India‑UK FTA Heralded as Step to Viksit Bharat – Piyush Goyal

By BPN News Desk July 26, 2025

Union Commerce and Industry Minister Piyush Goyal has hailed the recently signed India–UK Free Trade Agreement (FTA) as a “game-changer” and a key step toward achieving Prime Minister Narendra Modi’s vision of Viksit Bharat. Officially titled the Comprehensive Economic and Trade Agreement (CETA), the deal was signed in London on July 24 in the presence […]

Business Industry

India’s Mobile Phone Exports Jump 127‑Fold

By BPN News Desk July 24, 2025

India’s mobile phone exports surged from ₹1,500 crore in 2014–15 to ₹2 lakh crore in 2024–25, marking a remarkable 127‑fold rise, Parliament was informed on July 24, 2025. This leap reflects how India has transformed from a net importer to a major exporter of phones over the past decade. PLI Scheme Boosts Manufacturing The Government credited the Production Linked […]

Expert Opinions Opinion

Whisky for Cotton: Who Really Won the India–UK Free Trade Deal?

By BPN News Desk July 23, 2025

The much-anticipated India–UK Free Trade Agreement, signed in July 2025 after years of complex negotiations, has been hailed as a historic milestone for both nations. The optics were perfect: Prime Minister Narendra Modi shaking hands with British Prime Minister Keir Starmer, surrounded by ministers and trade envoys, while headlines roared about duty-free access, Scotch

International

US, Philippines Finalise Trade Deal at 19% Tariff

By BPN News Desk July 23, 2025

US President Donald Trump has announced a new trade deal with the Philippines, confirming that imports from the Southeast Asian nation will now be subjected to a 19% tariff. The agreement comes after a high-level meeting with Philippine President Ferdinand Marcos Jr. at the White House, where both leaders declared the deal a milestone in […]

International

US Threatens 25% Tariff on South Korea

By BPN News Desk July 21, 2025

The United States has warned that a 25% tariff on key South Korean exports will come into effect on August 1 unless a new trade agreement is reached. The move is part of Washington’s renewed push to renegotiate economic terms with key allies, reigniting trade tensions between the two countries. Seoul Races to Avoid Economic […]

International

India Gears Up as US Tariffs Boost Exports

By BPN News Desk July 14, 2025

India is set to benefit from higher U.S. import duties on countries like China, Canada, and Mexico, says NITI Aayog. A recent report shows that in 22 of the top 30 product categories, India’s goods are now more competitive in the U.S. market due to tariff differences—covering sectors like chemicals, textiles, electronics, seafood, and pharmaceuticals. […]