National

Tharoor Slams Trump’s Reliance on Tariffs as “Magic Tools”

By BPN News Desk September 23, 2025

Congress MP Shashi Tharoor has taken aim at U.S. President Donald Trump’s trade policies, saying Trump treats tariffs as “magic instruments” to fix America’s economic problems. Tharoor argued that such an approach oversimplifies complex global trade realities. Trump’s Rationale According to Tharoor Tharoor said Trump believes that many products once made in America are now

International

India, US Agree Not to Demand Software Source Code

By BPN News Desk September 22, 2025

India and the United States have reached an understanding in trade talks that neither side will demand source code or algorithms from companies as a condition for market access. The move is designed to safeguard intellectual property and ease regulatory concerns in the technology sector. Digital Trade Focus This agreement is part of broader discussions […]

International

South Korea Warns US Demands May Spark Financial Crisis

By BPN News Desk September 22, 2025

South Korean President Lee Jae-myung has warned that U.S. investment demands in ongoing trade talks could spark a financial crisis similar to the 1997 Asian meltdown. He cautioned that without financial safeguards, such commitments would put the nation at severe risk. What the Deal Involves In July 2025, Seoul and Washington reached a verbal understanding: […]

International

Jaishankar to Meet Rubio Amid H-1B Fee Row

By BPN News Desk September 22, 2025

External Affairs Minister S. Jaishankar will meet U.S. Secretary of State Marco Rubio on the sidelines of the 80th UN General Assembly in New York. The meeting is scheduled for 11:00 AM EST (8:30 PM IST). Agenda: Visa Fee and Trade Tensions The agenda is expected to focus on the recent U.S. move to impose […]

International

India-US Trade Talks Back on Track – Piyush Goyal

By BPN News Desk September 20, 2025

Trade talks between India and the United States have resumed with fresh optimism. Indian Commerce Minister Piyush Goyal is expected to visit Washington within days to further negotiate a bilateral trade agreement. Recent discussions in New Delhi between US negotiator Brendan Lynch and Indian counterpart Rajesh Agrawal are said to have been “positive” and “forward-looking.”

International

India Joins Zapad-2025 Military Drills Amid US Trade Strain

By BPN News Desk September 17, 2025

India has deployed 65 military personnel, including a battalion from the Kumaon Regiment, to participate in the Zapad-2025 joint exercises organised by Russia and Belarus. The drills ran from 12 to 16 September. Nature and Location of the Drills The drills involved tactical training, company-level cooperation, and special arms exercises. Indian forces took part along […]

National

India-US Trade Talks Described as “Positive and Forward-Looking”

By BPN News Desk September 16, 2025

India and the United States have held fresh trade discussions described by both sides as positive and forward-looking. These talks come in the wake of the US imposing a 50% tariff on certain Indian goods due to concerns over India’s purchase of Russian oil. Meetings were held in New Delhi with senior negotiators from both […]

International

Peter Navarro Criticizes India Over Tariffs, Oil as Trade Talks Start

By BPN News Desk September 16, 2025

Peter Navarro, U.S. trade adviser, sharply criticized India over its oil purchases from Russia and its high trade barriers. He accused Indian refiners of profiting from unfair trade, claiming that money made from U.S. trade reaches Russian oil markets and ultimately funds weapons. He also called India the “Maharajah of tariffs.” Trade Talks Resuming These […]

Economy National

India’s Trade Deficit Narrows to $26.49B in August

By BPN News Desk September 15, 2025

India’s merchandise trade deficit eased in August 2025 to US$ 26.49 billion, showing an improvement compared to US$ 27.35 billion in July. The narrowing gap came despite both exports and imports recording a decline, highlighting the slowdown in global trade activity as well as domestic demand pressures. Exports & Imports Decline Exports in August fell […]

Business Trade

India Eyes $100B Trade With Russia

By BPN News Desk September 15, 2025

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 […]