International

US Threatens Higher Tariffs Over Russian Oil Purchases, Calls for EU Support

By BPN News Desk August 14, 2025

The United States has issued a strong warning to India, cautioning that secondary tariffs could be increased if New Delhi continues to import Russian oil in large quantities. The message comes ahead of the high-stakes U.S.-Russia summit scheduled for August 15 in Alaska. Warning Issued by US Treasury U.S. Treasury Secretary Scott Bessent stated that […]

International

PM Modi Expected in US in September for UNGA

By BPN News Desk August 13, 2025

Prime Minister Narendra Modi is expected to visit the United States in September to attend the 80th session of the United Nations General Assembly (UNGA) in New York. The high-level General Debate will take place from September 23 to 29, with Modi likely to deliver his address on September 26. This visit will mark his […]

International

Trump Delays Major Tariff Hike on China by 90 Days

By BPN News Desk August 12, 2025

U.S. President Donald Trump has extended the tariff truce with China by another 90 days, postponing a planned increase in import duties that was due in mid-August. Current rates—30% for Chinese goods entering the U.S. and 10% for U.S. goods entering China—will remain in place during this period. The move is intended to give negotiators […]

International

US Tariff on India’s Imports Aimed at Hitting Russian Oil Revenue

By BPN News Desk August 12, 2025

The United States has announced a 50% tariff on Indian imports, targeting India’s continued purchase of Russian oil. The move, combining a 25% reciprocal duty with a 25% surcharge linked to oil imports, is intended to reduce Russia’s earnings from its key energy customer. Washington’s Strategy to Squeeze Moscow President Donald Trump said the tariff […]

International

U.S. Vice President Says Trump May Target China with Tariffs, No Decision Yet

By BPN News Desk August 11, 2025

Vice President JD Vance confirmed that President Trump is contemplating imposing tariffs on China due to its purchases of Russian oil. However, no final decision has been made at this point—it’s still under review. China’s Relationship Adds Complexity Vance noted that the situation with China is “a little bit more complicated,” explaining that the U.S.–China […]

Law & Order National

Supreme Court Warns Against Political Interference in Power Sector

By BPN News Desk August 10, 2025

The Supreme Court has stressed that electricity, being a public good, must be protected from political interference. The observation came during a hearing on disputes related to power supply and tariff issues. The bench highlighted that electricity is essential for daily life and economic growth, and cannot be subjected to undue political posturing that disrupts […]

International

Bolton Says Trump’s India Tariffs Are “Enormous Mistake”

By BPN News Desk August 9, 2025

Former U.S. National Security Advisor John Bolton has warned that President Trump’s high tariffs on Indian imports—imposed in response to India’s oil purchases from Russia—could be a serious diplomatic error. He said these measures risk pushing India away from the United States and closer to countries like Russia and China. Why Bolton is Concerned Bolton […]

National

Tharoor Says India’s Self-Respect Not for Bargaining

By BPN News Desk August 8, 2025

Congress leader Shashi Tharoor has criticized recent U.S. trade actions, calling them overly aggressive. He said that India’s national pride should never be up for negotiation, likening U.S. tactics to those of a school bully. What Tharoor Said Tharoor described the U.S. imposition of a 25% tariff—and potential penalties—on Indian exports as possibly being a […]

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 […]

International

U.S. Revises Japan Tariff Calculation After Error

By BPN News Desk August 8, 2025

Japan revealed that the United States made a clerical error in calculating the “reciprocal” tariff rate. As a result, the effective rate on Japanese goods entering the U.S. will be lower than initially announced. What Went Wrong Japan’s chief trade negotiator, Ryosei Akazawa, explained that the original figure overlooked an agreed-upon tariff ceiling for Japan. […]