Economy National

Moody’s Says Strong Domestic Demand to Cushion Tariff Impact

By BPN News Desk August 8, 2025

Global ratings agency Moody’s has said that India’s resilient domestic demand will help soften the economic impact of recently imposed U.S. tariffs. In its latest assessment, Moody’s noted that while the new trade penalties could slow growth slightly, the overall outlook for the Indian economy remains steady. Limited Growth Slowdown Moody’s projects that India’s real […]

National

India Pauses $3.6 B Boeing Jet Purchase Amid Price Surge

By BPN News Desk August 8, 2025

India has put on hold its plan to purchase six additional Boeing P-8I maritime patrol aircraft in a deal valued at $3.6 billion. The original agreement, cleared in 2021, was pegged at $2.42 billion. However, a combination of supply chain disruptions, inflation, and newly imposed U.S. tariffs has pushed the cost higher, prompting the Ministry […]

International

China Voices Support for India Amid U.S. Tariff Surge

By BPN News Desk August 8, 2025

China’s ambassador to India, Xu Feihong, publicly criticized the latest U.S. tariffs on Indian goods, calling U.S. President Donald Trump a “bully.” He warned, “Give the bully an inch, he will take a mile,” urging India not to give in to trade pressure. What Prompted the Statement? The comment came after the U.S. increased tariffs […]

International

India and Brazil Join Hands Against U.S. Tariffs

By BPN News Desk August 8, 2025

India’s Prime Minister Narendra Modi and Brazil’s President Luiz Inácio Lula da Silva spoke by phone for about one hour on Thursday, August 7, 2025. They discussed the recent 50% tariffs imposed by U.S. President Donald Trump on goods from both countries. The two leaders agreed to work together more closely in areas like trade, […]

Business Markets

Indian Markets End Higher Despite Trump’s Tariff Announcement

By BPN News Desk August 7, 2025

Indian stock markets closed in the green on Wednesday, brushing off concerns triggered by U.S. President Donald Trump’s announcement of new tariffs on Indian goods. Both the Sensex and the Nifty 50 posted gains, reflecting investor confidence in domestic economic fundamentals despite global trade tensions. The BSE Sensex rose 385 points to end at 75,145, […]

International

Putin to Visit India Later This Year, Dates Near Final

By BPN News Desk August 7, 2025

Russian President Vladimir Putin is expected to visit India later in 2025, according to National Security Adviser Ajit Doval. The announcement was made during Doval’s visit to Moscow, where he confirmed that discussions are ongoing and the visit is in advanced stages of planning. The exact dates are yet to be finalized but are expected […]

National

Tharoor Urges 50% Tariff on US Goods if Duties Remain

By BPN News Desk August 7, 2025

Senior Congress leader Shashi Tharoor has suggested that India should respond firmly if the United States does not withdraw its recently increased tariffs on Indian goods. He proposed that India raise its average tariff rate—currently around 17%—to 50% to match the U.S. move, but only if Washington fails to reverse its decision after the 21-day […]

International

Brazil’s Lula Calls for Joint BRICS Response to US Tariffs

By BPN News Desk August 7, 2025

Brazilian President Luiz Inácio Lula da Silva has urged BRICS nations to formulate a coordinated response to the recent tariff hikes imposed by U.S. President Donald Trump. Speaking during a press interaction in Brasília, Lula stated that unilateral tariff actions targeting countries like India and China demand collective resistance from emerging economies. The remarks

National

PM Modi Says India Prepared to Protect Farmers’ Interests

By BPN News Desk August 7, 2025

Prime Minister Narendra Modi has assured that India is ready to safeguard the interests of its farmers and economy following U.S. President Donald Trump’s announcement of an additional 25% tariff on Indian agricultural exports. The Prime Minister made the statement while addressing a public rally in Uttar Pradesh, emphasizing that India is prepared to handle […]

Expert Opinions

The 50% Wall: Why India Must Now Redraw Its Global Trade Map

By BPN News Desk August 7, 2025

When Donald Trump signed the executive order imposing a 50% tariff on Indian imports, it wasn’t just a headline move. It was a sledgehammer to India’s export engine. For a nation that shipped nearly $87 billion worth of goods to the U.S. in 2024, this tariff isn’t just punitive, it’s paralysing. The reason? India’s continued […]