India flags EU trade barriers, urges resolution amid FTA negotiation progress
Dec 20, 2024, at 05:24 pm
New Delhi: India has raised concerns about the challenges faced by its domestic industries in accessing European Union (EU) markets, urging swift resolution of these issues, according to an official statement on Friday.
Dec 12, 2024, at 11:08 pm
New Delhi: India and the European Union (EU) are working towards finalising a Free Trade Agreement (FTA) that balances ambition with mutual sensitivity, aiming to bolster economic ties and strengthen supply chain resilience, Commerce Minister Piyush Goyal said on Thursday.
Piyush Goyal calls on companies to lower prices to boost consumption
Nov 14, 2024, at 08:13 pm
New Delhi/IBNS: During a period when India Inc. is concerned about weakened consumer demand amidst a cyclical slowdown, Commerce and Industry Minister Piyush Goyal suggested that businesses prioritise competitive pricing over high margins to attract consumers.
Piyush Goyal says RBI should definitely cut interest rates; central bank's governor responds
Nov 14, 2024, at 08:08 pm
New Delhi/IBNS: Union Commerce Minister Piyush Goyal advocated for an interest rate cut by the Reserve Bank of India (RBI) on Thursday (Nov. 14), emphasizing that food inflation should not be a determining factor in rate decisions.
Nov 01, 2024, at 10:08 pm
Union Minister of Commerce and Industry Piyush Goyal successfully concluded his visit to Saudi Arabia during which he participated in the Plenary Session of the 8th Edition of Future Investment Initiative (FII).
Oct 12, 2024, at 08:02 pm
New Delhi/IBNS: Union Minister for Commerce and Industry Piyush Goyal said that two way trade between Europe and India can grow exponentially if both sides understand each other's concern and cooperate meaningfully.
Piyush Goyal discusses investment avenues with existing and potential US investors
Oct 02, 2024, at 06:27 am
New York: Commerce and Industry Minister Piyush Goyal chaired a roundtable discussion with young CEOs and entrepreneurs of Indian origin in New York organised by the Consulate General of India to discuss the business landscape of India and provide suggestions for reforms.
Singapore plans to make major investment in India in coming years: Piyush Goyal
Sep 06, 2024, at 06:40 am
New Delhi/IBNS: Union Commerce and Industry Minister Piyush Goyal Thursday said Singapore has already invested about $150 billion in India and is ready to invest five times that amount in the coming years.
'Matter of concern': Commerce Minister Piyush Goyal slams 'predatory pricing' by e-commerce giants
Aug 22, 2024, at 01:21 am
New Delhi: The “predatory pricing” by big e-commerce players is a matter of concern and may cause employment loss in traditional retail, according to Commerce and Industry Minister Piyush Goyal on Wednesday.
Indian government setting up 12 new industrial parks: Piyush Goyal
Aug 02, 2024, at 04:39 am
Union Minister Piyush Goyal recently said the Indian government is setting up 12 new industrial parks across the country and has 5-6 mega textile parks lined up and urged the private sector to take advantage of it.
Piyush Goyal rules out change in govt's stance on Chinese FDI
Jul 30, 2024, at 10:33 pm
New Delhi: Commerce Minister Piyush Goyal stated Tuesday that the Indian government is not reconsidering its position on foreign direct investment (FDI) from China, indicating that the country may continue to impose stricter scrutiny on investments from Beijing, media reports said.
India will not rush into signing hasty FTA deals: Piyush Goyal
Feb 24, 2024, at 03:01 am
New Delhi: Commerce Minister Piyush Goyal on Friday said that India will avoid making hasty free trade agreements (FTA) unless there is a just and balanced arrangement in trade deals, media reported.
United States asks India to ensure laptop import policy does not restrict trade
Jan 13, 2024, at 05:22 am
New Delhi: United States Trade Representative Ambassador Katherine Tai has called upon India to ensure that the existing end-to-end online system and associated policies governing the import of laptops do not pose trade restrictions in the future.
India, UAE aim at expanding bilateral trade to $100 billion; start Rupee-Dhiram trade: Piyush Goyal
Jan 11, 2024, at 05:40 am
Ahmedabad/IBNS/UNI: India and the United Arab Emirates (UAE) aspire to expand their bilateral trade to US$100 billion, Commerce and Industry Minister Piyush Goyal said on Wednesday.
Nov 17, 2023, at 03:18 am
San Francisco: Union Minister Piyush Goyal interacted with Silicon Valley entrepreneurs and venture capitalists (VCs) of Indian origin on the third day of his US visit.
Piyush Goyal meets Tesla officials at carmaker's Fremont factory in US
Nov 15, 2023, at 05:17 am
San Francisco: Union Minister of Commerce and Industry Piyush Goyal visited the Tesla Factory Unit in Fremont, United States and interacted with the senior executives of the Tesla group, a government statement said.
Commerce and Industry Minister Piyush Goyal to visit US from Nov 13-16 for IPEF ministerial meet
Nov 11, 2023, at 07:10 am
New Delhi: Commerce and Industry Minister Piyush Goyal is scheduled to visit San Francisco from November 13-16 to take part in the ministerial meeting of the Indo-Pacific Economic Framework (IPEF).
Nov 09, 2023, at 07:50 am
New Delhi: Union Commerce and Industry Minister Piyush Goyal is scheduled to meet with Tesla CEO Elon Musk in the United States next week to further the U.S. carmaker's efforts to enter the Indian market as New Delhi looks to protect its interests in the deal, Reuters reported.
Govt to double manpower for processing Intellectual Property applications
Oct 14, 2023, at 08:06 am
New Delhi: The government will double the manpower for processing Intellectual Property (IP) applications, and the process will be streamlined and made more transparent, Commerce & Industry Minister Piyush Goyal said on Friday.
Tesla to double auto component import to $1.7-1.9 billion from India this year: Piyush Goyal
Sep 14, 2023, at 05:24 am
New Delhi: Electric car company Tesla Inc is looking to source automobile components worth $1.7-1.9 billion this year from India, double the value of components imported by the car maker last year, Union Commerce Minister Piyush Goyal said on Wednesday.
Need to clamp down on auto component imports: Commerce & Industry Minister Piyush Goyal
Sep 13, 2023, at 06:29 am
New Delhi: Union Commerce and Industry Minister Piyush Goyal on Tuesday emphasized the need to introduce strict measures to clamp down on imports of automobile components by certain manufacturers despite their availability in the domestic market, media reports said.
India and New Zealand explore adoption of UPI to biz, boost trade & tourism
Aug 30, 2023, at 07:18 am
New Delhi: India and New Zealand are actively considering the implementation of the Unified Payments Interface (UPI) in the island nation to enhance the ease of conducting business, trade, and tourism interactions between the two countries, the Commerce Ministry said on Tuesday.
Aug 08, 2023, at 09:06 pm
Union Commerce and Industry Minister Piyush Goyal has announced India will launch BRICS Startup Forum this year to facilitate collaboration among startups, investors, incubators and aspiring entrepreneurs.
Commerce Minister Piyush Goyal to visit UK to further FTA negotiations
Jul 09, 2023, at 09:56 pm
New Delhi: Union Commerce and Industry Minister Piyush Goyal will visit the UK from 10th to11th July to focus on the ongoing India-UK Free Trade Agreement (FTA) negotiations and meet the ministers from the European Free Trade Association (EFTA) member countries to discuss the progress of the Trade and Economic Partnership Agreement (TEPA) with EFTA.
Jul 05, 2023, at 06:16 am
New Delhi: Union Minister Commerce Minister Piyush Goyal has said that India's remarkable economic scale and market potential have played a pivotal role in enabling startups to flourish and thrive in the global startup ecosystem.
Focus on quality can greatly influence India's future as a nation: Piyush Goyal
May 25, 2023, at 03:03 am
New Delhi/IBNS: Access to high-quality goods and services is the top concern of the consumers and consumer satisfaction can only be obtained when this intrinsic need is met, Union Minister Piyush Goyal said on Wednesday.
Indian Minister Piyush Goyal emphasises 10x plus growth potential in next 25 years
May 16, 2023, at 10:55 pm
New Delhi: During his two-day visit to Brussels to attend the first Ministerial meeting of India-European Union Trade and Technology Council (TTC), Union Minister for Commerce & Industry, Textiles, Consumer Affairs, Food & Public Distribution, Piyush Goyal was invited to attend the business meeting organised by Federation of Enterprises in Belgium (FEB).
Piyush Goyal, Canadian counterpart Mary Ng review progress of India-Canada FTA
May 11, 2023, at 07:45 am
New Delhi/Ottawa: Union Commerce Minister Piyush Goyal, who is visiting Canada, co-chaired the 6th India- Canada Ministerial Dialogue on Trade and Investment (MDTI) along with his Canadian counterpart Mary Ng, during which they reviewed the progress in the Free Trade Agreement negotiations.
Apr 27, 2023, at 10:23 pm
New Delhi/IBNS: The representatives of European Free Trade Association (EFTA) States, comprising Iceland, Liechtenstein, Norway, and Switzerland met with Commerce and Industry Minister Piyush Goyal on Wednesday in New Delhi to discuss the prospects of resuming their negotiations towards a Trade and Economic Partnership Agreement (TEPA).
Apple continuously expanding biz ops in India, says Piyush Goyal
Apr 15, 2023, at 05:44 am
New Delhi: iPhone maker Apple is constantly increasing its presence in India, and the government is in regular contact with the company to facilitate the expansion, said Commerce and Industry Minister Piyush Goyal, media reported.