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    US tariffs on Indian goods: A Chronology
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    BC.GAME's BC Engine Rewards Surpass $8.6 Million as Ecosystem Growth Accelerates
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September 19, 2026
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Tariff treatment of Indian exports shifted from reciprocal duties to targeted trade measures, sectoral duties, and specified exemptions.
Upon expiry of the temporary global measure, an India-targeted 10 per cent Section 301 tariff, linked to forced-labour concerns, replaced it; the effective charge for most covered exports remained MFN duty plus 10 per cent. The current regime applies the Section 301 tariff to Indian exports except specified goods, with separate sectoral duties on steel, aluminium and auto components. Smartphones, medicines and energy products are exempt.
September 19, 2026
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Free trade agreements expand market access, entrepreneurial partnerships and youth career opportunities alongside public-sector recruitment and development participation.
Free Trade Agreements are presented as mechanisms for expanding cross-border partnerships, market access for entrepreneurs, and career opportunities for young persons. Youth employment is also linked to the expansion of the startup ecosystem beyond major cities and to public-sector recruitment through Rozgar Melas. Newly selected candidates are to join central government ministries, departments and organisations. Public service is framed around citizen-centred administration and decisions supporting a developed and self-reliant India.
September 19, 2026
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Recurring token reward distributions connect eligible holdings, platform activity, and partner participation through hourly settlement cycles.
BC Engine permits eligible $BC holdings to participate in hourly settlement rounds distributing BCD rewards. Participants can monitor active balances, cumulative rewards, unclaimed BCD, and settlement history through the Engine interface. Settlement amounts vary with ecosystem activity, while the mechanism links platform activity, token utility, user participation, and commercial partners through repeated value distribution rather than one-time promotional incentives.
September 18, 2026
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Bulk sugar stockholding limits now allow expanded inventories only where additional supplies derive from designated import channels.
Bulk sugar consumers using more than 10 tonnes monthly as a raw material may hold up to 30 days' requirement instead of 15 days. Holdings above 15 days must consist exclusively of sugar imported under the Tariff Rate Quota or Advance Authorisation Scheme; sugar obtained from the open market remains restricted to 15 days' consumption. Bulk consumers must declare and disclose their sugar inventories every Friday through the food ministry's online portal.
September 18, 2026
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Customs cooperation and trade facilitation advance electronic origin verification, pre-arrival information exchange, and safeguards against preferential trade misuse.
Customs cooperation and trade facilitation measures included pre-arrival information exchange, electronic verification of Certificates of Origin, and Customs automation and digitalisation. These measures are directed at facilitating legitimate trade while ensuring compliance with applicable rules and preventing misuse of preferential trade arrangements. Rail and road connectivity, freight movement, Integrated Check Posts and land-port infrastructure were reviewed to improve infrastructure utilisation and address operational bottlenecks affecting bilateral and transit trade.
September 18, 2026
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Duty-free market access will cover all covered exports upon entry into force under the bilateral free trade agreement.
Upon entry into force, the India-New Zealand Free Trade Agreement grants duty-free access in New Zealand for 100 per cent of Indian exports, including textiles and apparel, leather and footwear, engineering goods, pharmaceuticals, agriculture, and processed food products. It also provides enhanced preferential access to the Indian market for specified New Zealand exports. The Agreement further covers services, investment, professional, student and youth mobility, and cooperation in agricultural productivity, pharmaceuticals and medical devices, traditional medicine and AYUSH, technology, and trade facilitation.
September 17, 2026
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Sanctions bill permits punitive tariffs on oil and gas trading partners, raising energy-market and bilateral relationship concerns.
United States sanctions bill concerning Russia would authorize the President to impose sanctions on Russia and punitive tariffs of up to 100 per cent on nations importing Russian crude oil. The tariff mechanism may affect oil and gas trading partners, bilateral relations and global energy markets, with concern expressed over its implications for energy trade.
September 17, 2026
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Secondary sanctions on Russian energy trade could expose major crude importers to punitive tariffs and economic pressure.
Congressional legislation targeting Russia and Iran would authorise sanctions against Russia's leadership, energy sector, and vessels facilitating evasion of oil-delivery restrictions. It would also permit punitive tariffs of up to 100 per cent on leading trading partners continuing to import Russian oil and gas. India has identified possible effects on bilateral economic relations and the international energy market, while maintaining that diversified sourcing is necessary for energy security and that its trade and economic interests will be protected.
September 17, 2026
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Deep-sea fishing access supports export-oriented harvesting of high-value species, with foreign-port high-seas landings recognised as exports.
Deep-sea fishing policy promotes expansion of fishing operations within India's Exclusive Economic Zone (EEZ) and on the high seas to increase fisherfolk income through exports of high-value species. High-seas catch classification has been altered so that fish caught on the high seas and offloaded at a foreign port are treated as exports rather than imports.
September 17, 2026
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Buyer-seller engagement supports sourcing and export-market opportunities for tools and hardware businesses through an international trade fair.
International Hardware Fair India 2026 is scheduled for 23-25 October 2026 at Bharat Mandapam, New Delhi, as a trade platform for the tools and hardware sector. Organised by Koelnmesse in association with the Federation of Indian Export Organisations, it is intended to facilitate product discovery, sourcing activity and exploration of domestic and international markets. Its Reverse Buyer-Seller Meet will bring hosted international buyers together with Indian manufacturers and suppliers for direct discussions on product presentations, buyer requirements and export-market opportunities.
September 17, 2026
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Gulfood partnership expands market access for food exporters through global buyer engagement and broader inclusion of emerging enterprises.
APEDA and InD Events Dubai have entered into a memorandum of understanding to support India's participation as Official Partner Country at Gulfood 2027. The partnership is directed at increasing global visibility for India's agricultural and processed food products, connecting Indian exporters with international buyers, and expanding market-access and business-engagement opportunities. Participation will bring together exporters, farmer producer organisations, MSMEs, startups, commodity boards and government institutions through product showcases, curated business-to-business meetings, conferences and industry engagements.
September 16, 2026
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Raw-material security and import-duty reform are urged to strengthen ferro-alloy competitiveness amid expanding steel demand.
Ferro-alloy competitiveness depends on raw-material security, commercially viable domestic mineral access and lower input costs as steel demand expands. Faster exploration and development of manganese, chrome and other critical minerals, supported by mine-auction frameworks that encourage operational production, can reduce import dependence. Measures sought include zero import duties on unavailable-grade raw materials for noble alloys, competitive electricity costs and rationalised electricity levies. Cleaner energy, efficient furnaces, automation and improved raw-material utilisation are also necessary to reduce costs and emissions.
September 16, 2026
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Free trade agreement tariff liberalisation expands market access through phased concessions, services mobility pathways, safeguards, and investment commitments.
The free trade agreement grants duty-free access across all New Zealand tariff lines for Indian exports and provides Indian tariff liberalisation for a substantial share of New Zealand goods, while preserving exclusions for sensitive dairy, agricultural, industrial and other specified products. It provides duty-free entry, phased levy reductions, and quota-based concessions with minimum import price and other safeguards for identified goods. New Zealand also commits market access for Indian service suppliers and establishes skilled-employment, student-mobility and post-study work visa pathways.
September 16, 2026
Show AI Summary
RCMC exemption for eligible small-value exports reduces upfront registration requirements while preserving compliance for larger consignments.
RCMC or Certificate of Registration is not required, wherever otherwise mandated under the Foreign Trade Policy, 2023, for export consignments with a Free-on-Board value of up to Rs. 3 lakh. Export consignments exceeding that threshold continue to require a valid RCMC or Certificate of Registration wherever applicable. The exemption reduces the initial registration burden for MSMEs, artisans, small businesses, first-time exporters and occasional exporters undertaking eligible small-value exports, including through Postal, Courier, e-commerce and other emerging channels.
September 16, 2026
Show AI Summary
Trade performance estimates show merchandise and services exports increasing while imports rise, widening the cumulative trade deficit.
External trade estimates for April-August 2026-27 show combined merchandise and services exports of US$399.27 billion and imports of US$459.65 billion, with a trade deficit of US$60.38 billion. Merchandise exports reached US$215.91 billion, while services exports were estimated at US$183.36 billion. Non-petroleum exports increased to US$180.61 billion. Growth in August merchandise exports was driven by electronic goods, petroleum products, engineering goods, chemicals, and cotton yarn, fabrics, made-ups and handloom products. Services-sector figures for August were estimated using data available through July.
September 15, 2026
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Special economic zone approval enables a silicon carbide semiconductor facility operating under an export-oriented technology investment framework.
Approval for a special economic zone-linked silicon carbide semiconductor manufacturing unit permits establishment of a facility under the jurisdiction of Falta Special Economic Zone. The unit is proposed to manufacture silicon carbide diodes and silicon carbide MOSFETs. Project financing combines government capital subsidies and promoter contribution, while the facility is projected to support export-oriented advanced semiconductor manufacturing, domestic capabilities, and technology-driven capital investment.
September 15, 2026
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Merchandise trade performance reflects strong export momentum, import-led deficit pressures, and expanded services trade during August.
Merchandise exports increased by 26.12 per cent year-on-year to USD 43.81 billion in August, led by electronics, engineering goods and petroleum products. Merchandise imports rose 14.1 per cent to USD 70.76 billion, driven by crude oil, project goods, electronic items, silver, coal and coke. Gold imports declined substantially, contributing to a five-month low merchandise trade deficit. During April-August 2026-27, higher imports reflected domestic economic expansion, energy requirements and manufacturing-sector input needs.
September 15, 2026
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Export expansion and domestic manufacturing guide JCB India's strategy through broader equipment offerings, fuel efficiency, and operator comfort.
JCB India targets 15-20 per cent export growth during the current financial year and plans a similar increase in annual production. Its export operations cover approximately 135 countries, including Southeast Asia, Africa and developed markets. The company's construction and earthmoving equipment portfolio is designed, engineered and manufactured in India for domestic and international customers, with product development focused on fuel efficiency, operator ergonomics, comfort and productivity.
September 15, 2026
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Merchandise export growth driven by petroleum products coincided with lower gold imports and a narrowing trade deficit.
Merchandise exports increased sharply in August, led by petroleum product shipments, while imports also rose year-on-year. Reduced gold imports contributed to a narrower merchandise trade deficit. During the first five months of the fiscal year, the cumulative deficit widened as higher imports reflected domestic expansion, energy requirements and manufacturing-input demand. Energy commodities and electronic goods were principal contributors to the deficit, while export growth was supported by engineering goods, petroleum products, chemicals and textiles.
September 15, 2026
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Commercial-vehicle safety readiness and connected fleet support underpin expanded regional operations, automated transmission adoption, and localized manufacturing investment.
BharatBenz's product transformation is directed toward safer, more productive and efficient commercial transport. The truck and bus portfolio is being prepared with Advanced Driver Assistance Systems calibrated to Indian operating conditions in advance of evolving safety requirements. Automated Manual Transmission technology is being expanded to improve driver comfort, reduce fatigue, support fleet safety and efficiency, and lower total cost of ownership. Customer support combines connected fleet technology, service assurance, parts availability and service-network expansion.

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Customs & Trade

BC.GAME's BC Engine Rewards Surpass $8.6 Million as Ecosystem Growth Accelerates

September 19, 2026

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Cumulative BC Engine rewards have grown more than fourfold since late May, while the average daily pace of reward accumulation has increased by approximately 46% compared with the previous period.

BELIZE CITY, Belize, Sept. 18, 2026 /PRNewswire/ -- BC.GAME's BC Engine has reached another major milestone, with cumulative rewards earned by eligible $BC holders surpassing 8.6 million BCD, equivalent to more than US$8.6 million.

The milestone comes just over five months after BC Engine launched and brings cumulative rewards closer to the US$10 million mark.

More importantly, the latest data highlights the growing role BC Engine is playing within the wider BC.GAME ecosystem. What began as an hourly reward mechanism for $BC holders is increasingly evolving into a core ecosystem layer that connects platform activity, users and commercial partners through recurring and measurable value distribution.

From Launch to More Than $8.6 Million in Five Months BC Engine launched on April 8, 2026, introducing a model in which eligible $BC holdings participate in recurring settlement rounds, with BCD rewards distributed every hour.

Since launch, cumulative rewards have grown steadily.

On May 28, BC.GAME reported that BC Engine participants had earned more than 2.1 million BCD.

By July 28, cumulative rewards had surpassed 5 million BCD, representing an increase of approximately 138% from the late-May level.

As of September 18, 2026, total BC Engine rewards have now exceeded 8.6 million BCD.

Based on these disclosed milestone figures, cumulative rewards have increased by more than 309% since late May, reaching approximately 4.1 times the level reported less than four months ago.

The pace of reward accumulation has also accelerated.

Between May 28 and July 28, BC Engine added approximately 2.9 million BCD over 61 days, equivalent to an average increase of roughly 47,500 BCD per day.

Between July 28 and September 18, BC Engine added more than 3.6 million BCD over 52 days, lifting the average daily pace to approximately 69,000 BCD or more.

Based on these disclosed milestones, the average daily pace of reward accumulation increased by approximately 46% compared with the previous period.

While individual settlement amounts vary with activity across the ecosystem, the trend is clear: an increasing amount of value is continuing to move through BC Engine.

BC Engine Is Becoming a Core Value Layer of the BC.GAME Ecosystem The significance of the US$8.6 million milestone extends beyond the total amount distributed.

BC Engine was designed to create a closer connection between activity within BC.GAME and the value shared with participants across the ecosystem.

Eligible $BC holdings participate in recurring settlement rounds, while users can track active balances, cumulative rewards, unclaimed BCD and settlement history directly through the BC Engine interface.

This creates an ongoing relationship between platform activity and value distribution.

Rather than relying solely on one-off promotional incentives, BC Engine keeps value circulating through repeated settlement cycles, creating a mechanism that can support longer-term participation across the ecosystem.

As the system grows, BC Engine is increasingly becoming one of the most important value layers within BC.GAME.

For users, recurring rewards provide a tangible reason to remain engaged over time.

For $BC, the Engine creates a clear and continuing source of ecosystem utility.

For products and commercial partners across BC.GAME, the Engine provides an economic layer that can connect different parts of the platform within a shared value network.

In practical terms, BC Engine creates a reinforcing cycle: Platform activity generates value.

$BC connects users to the ecosystem.

BC Engine redistributes value through recurring rewards.

Recurring rewards support deeper and longer-term participation.

This structure brings BC.GAME, its users and ecosystem partners into a more closely connected value network.

Building Trust Through Measurable Value Distribution One of BC Engine's defining characteristics is that its growth can be measured through rewards that have already been generated through completed settlement rounds.

The more than US$8.6 million disclosed to date does not represent projected future rewards, unrealised token appreciation or calculations based on movements in the market price of $BC.

Instead, it reflects BCD rewards already earned through the operation of BC Engine.

This distinction is especially important in an industry where token-based reward models are often communicated primarily through future utility or projected value.

BC Engine gives participants a visible and measurable record of value already generated within the system.

The progression from more than 2.1 million BCD in May, to 5 million BCD in July, and now to more than 8.6 million BCD in September, shows that the mechanism is operating at increasing scale.

For users, recurring and transparent rewards can strengthen trust and support longer-term engagement.

For game providers and ecosystem partners, BC Engine creates a structure in which participation can contribute to a broader economic network rather than remain an isolated commercial relationship.

For BC.GAME, the model creates stronger alignment between platform activity, token utility, partner participation and user retention.

As a result, BC Engine is becoming an increasingly important part of BC.GAME's differentiation within the wider online gaming market.

BC.GAME Continues Its Global Expansion The growth of BC Engine comes alongside BC.GAME's continued international expansion.

In 2026, BC.GAME further expanded its regulated presence in Mexico, strengthening its local operations and deepening its connection with one of Latin America's most important gaming and sports markets.

The company also announced Mexican football icon Guillermo "Memo" Ochoa as a brand ambassador, reinforcing BC.GAME's connection with local football culture and supporting its wider localization strategy.

The partnership reflects BC.GAME's approach to international growth: combining regulated market access, locally relevant cultural partnerships and product-led user engagement.

BC.GAME will also attend SBC Summit 2026 in Lisbon from September 29 to October 1, continuing to expand its network of commercial, technology and gaming partners across the global industry. The event is expected to bring together around 40,000 industry professionals in Lisbon.

For BC.GAME, these developments represent two sides of the same strategy.

Externally, the company is expanding into new markets and strengthening its global partner network.

Internally, BC Engine is helping build the economic infrastructure that connects platform growth with users, $BC holders and ecosystem partners.

With cumulative rewards now exceeding US$8.6 million and moving closer to the US$10 million milestone, BC Engine is increasingly demonstrating the scale and value of that model.

About BC.GAME BC.GAME is a global online gaming and entertainment platform offering casino, sportsbook and digital asset-based products across multiple international markets.

Since its launch in 2017, BC.GAME has continued to develop a crypto-native entertainment ecosystem built around product innovation, community participation and global partnerships.

$BC is the native token of the BC.GAME ecosystem. Through BC Engine, eligible $BC holders can participate in recurring BCD reward distributions, while the Engine provides an increasingly important connection between platform activity, users and ecosystem partners.

BC.GAME continues to expand its international presence while developing new products, partnerships and technology across gaming, sports and digital entertainment.

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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