National

Congress MP Shashi Tharoor Warns Tariffs Will Hurt Indian Exports

By BPN News Desk August 6, 2025

Congress MP Shashi Tharoor has strongly criticized the United States’ recent decision to raise tariffs on Indian goods from 25% to 50%, warning that such a move will make Indian exports unaffordable for American consumers. He called the additional penalty a political tactic, rather than a fair economic decision. Tariffs Spark Tension The United States […]

International

Ukraine Flags Use of Indian Components in Russian Drones

By BPN News Desk August 6, 2025

Ukraine has informed India and the European Union that electronic parts made or assembled in India were found inside drones used by Russian forces. The drones, identified as Shahed-136 models, have been used in several strikes across Ukrainian territory in recent months. The discovery was made during forensic investigations of downed drones. What Was Found […]

National

India Tariffs Lower Than Sri Lanka, Thailand

By BPN News Desk August 6, 2025

India’s average tariff on goods imported from the United States in 2023 stood at 6.1 %, making it lower than those imposed by several other Asian countries. Sri Lanka charged 8.4 % on U.S. goods, while Thailand levied 6.9 %. These figures directly challenge claims that India is overly protectionist when it comes to trade with the U.S. […]

National

Centre Urges Exporters to Build Indian Brands Amid Tariff Blow

By BPN News Desk August 4, 2025

In response to the United States’ decision to impose a 25% tariff on Indian exports under President Donald Trump’s revised trade stance, the Indian government is now pushing exporters to focus on creating and promoting homegrown brands. The call was made during high-level consultations between top officials from the Ministry of Commerce and industry

International

Brazil Vows to Fight Trump Tariffs as Injustice

By BPN News Desk August 1, 2025

The Brazilian government has sharply criticized the United States for imposing a steep 50% tariff on several Brazilian exports. Officials described the move as unjustified and confirmed plans to challenge the decision through trade negotiations and legal mechanisms. Tariffs Hit Key Agricultural and Industrial Exports The new tariff impacts nearly 36% of Brazil’s export

Business Trade

India’s Rice Exports Expected to Withstand US Tariff

By BPN News Desk July 31, 2025

The Indian Rice Exporters Federation (IREF) has stated that the recently announced 25% U.S. tariff on Indian rice imports, effective August 1, is unlikely to cause major disruption. The industry considers it a short-term hurdle and expects exports to remain largely stable due to India’s pricing advantage and established global position. U.S. Not a Major […]

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 […]