India’s aim is to become world’s largest Startup destination: Piyush Goyal
Mar 29, 2022, at 09:27 pm
Abu Dhabi: India aspires to become the largest Startup ecosystem in the world and boasts of one of the best ecosystems for Startups with a special blend between investors and entrepreneurs to get a balanced outcome, Union Minister of Commerce & Industry Piyush Goyal said Monday.
EV makers should lower costs: Goyal
Mar 15, 2022, at 10:26 pm
Mumbai/UNI: Union Minister for Commerce and Industry Piyush Goyal on Tuesday said that electric vehicle manufacturers in India will have to leverage low-cost manufacturing and try to grab a dominant share of the global EV market.
India, Canada formally decide to expedite talks on Free Trade Agreement
Mar 13, 2022, at 03:50 pm
New Delhi/Ottawa: India and Canada have decided to quicken the pace of talks to consider a Free Trade Agreement (FTA) to boost bilateral trade along with an early harvest deal, according to an official statement.
India's exports have to contribute $1 trn for a $5 trn economy: Goyal
Mar 08, 2022, at 04:48 am
Mumbai/UNI: Union commerce and industry minister Piyush Goyal on Monday said India's exports have to contribute at least USD one trillion to become a USD five trillion economy by 2025.
India looking at professional & educational tie-ups in UAE: Goyal
Feb 20, 2022, at 09:44 pm
Mumbai/UNI: Union Minister for Commerce and Industry Piyush Goyal on Saturday said that India is looking at entering into partnership agreements with professional bodies and educational institutions in the UAE, which is facing a shortage of skilled manpower.
Gems & Jewellery sector expected to achieve export target of $40 billion this year: Piyush Goyal
Feb 19, 2022, at 05:58 am
New Delhi/IBNS: Gems & Jewellery sector is expected to achieve export target of $40 billion this year with exports expected to grow 6.5 percent over the pre-Covid levels, Commerce and Industry Minister Piyush Goyal said Friday.
India and UAE sign free trade agreement
Feb 19, 2022, at 04:08 am
New Delhi/IBNS: India on Friday signed a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE) that will cut down the import duties on the majority of Indian exports to the Middle Eastern country.
India, UK conclude first round of talks for FTA
Jan 29, 2022, at 06:26 am
New Delhi/UNI: Seeking to negotiate an early trade deal, India and the UK have concluded the first round of talks for Free Trade Agreement (FTA) between the two countries.
Piyush Goyal seeks industry inputs on FTAs, market access, reducing compliance burden
Jan 23, 2022, at 01:08 am
New Delhi/UNI: Minister of Commerce & Industry Piyush Goyal on Friday asked the Indian industry to inculcate a greater appetite for risk-taking, leverage the cost advantage as well as the trust advantage that it enjoys and partner with all stakeholders including Central and state governments to attract businesses to India and transform it into a global leader.
Piyush Goyal sets target of 75 unicorns in run-up to 75th year of Independence
Jan 22, 2022, at 03:00 am
New Delhi/UNI: Minister of Commerce and Industry Piyush Goyal on Friday called upon the Information Technology enabled Service (ITES ) industry to aim for raising 75 unicorns in the 75 weeks to the 75th anniversary of India’s Independence next year.
India, UK FTA to boost bilateral trade by up to £28 billion a year by 2035
Jan 14, 2022, at 06:28 am
New Delhi/IBNS: As India and UK are set to work on building closer trade ties based on mutually agreed terms through a Free Trade Agreement (FTA), both sides expressed confidence that the deal would boost bilateral trade by up to £28 billion a year by 2035.
Nov 26, 2021, at 05:58 am
New Delhi/IBNS: Union Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Piyush Goyal has termed the Insolvency and Bankruptcy Code (IBC), 2016 as a “gamechanger reform” that has been the most successful law in insolvency resolution in the country.
India is back in business: Piyush Goyal
Nov 14, 2021, at 11:02 pm
New Delhi: Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Piyush Goyal on Sunday said India has touched a historical high in exports of goods and services.
Expect 'early harvest' pact with Australia soon: Piyush Goyal
Aug 20, 2021, at 01:49 am
New Delhi/UNI: Asking industry to provide their inputs for the trade pact with Australia, Commerce and Industry Minister Piyush Goyal on Thursday said that he expected an 'early harvest' pact with the country.
Handloom export target raised four-fold to Rs 10,000 crore
Aug 08, 2021, at 04:15 am
New Delhi, Aug 7 (UNI) A day after Prime Minister Narendra Modi called for pushing "Brand India'' and seizing the export opportunity, the Textiles Ministry has raised the handloom export target four-fold to Rs 10,000 crore in the next three years.
Aug 02, 2021, at 04:51 pm
New Delhi/IBNS: The services trade will play a major role in the relationship between India and US going forward and strengthen the bilateral economic ties, in line with the geopolitical and strategic ties between the two countries, said Union Minister for Commerce and Industry, Piyush Goyal.
India has ability to become world’s number one economy in next 25 years: Piyush Goyal
Dec 16, 2020, at 01:23 am
Kolkata/UNI: With the capabilities of India’s business people, entrepreneurs, start-ups, skilled manpower, the country has the ability to become world’s number one economy in the next 25 years, said Piyush Goyal, Minister of Railways, Commerce and Industry & Consumer Affairs, Food and Public Distribution, on Tuesday.
India and US look at bilateral investments in the post pandemic world at webinar organised by IACC
Jun 26, 2020, at 07:53 pm
Mumbai/IBNS: The United States is now the largest merchandise trading partner for India, said Naushad Panjwani, Regional President, West India Council, IACC, at a recent webinar which focused on bilateral investments between the two countries.
Piyush Goyal to participate in 9th BRICS Trade Ministers Meet in Brasilia
Nov 09, 2019, at 04:48 pm
New Delhi/IBNS: Commerce and Industry and Railway Minister, Piyush Goyal, will be on tour to Brazil and United States from Nov 9 – 14, officials said.
Thrust is on urban as well as rural sectors: Piyush Goyal
Jul 05, 2019, at 08:01 pm
New Delhi, July 5 (UNI): Union commerce and industry minister Piyush Goyal on Friday commended finance minister Nirmala Sitharaman for the Budget presented in Parliament and maintained that the thrust in the budget is well balanced for the urban as well as the rural sectors.
TPCI greets new Minister Piyush Gyoal
May 31, 2019, at 05:34 pm
New Delhi, May 31 (UNI) Trade Promotion Council of India (TPCI) congratulated Piyush Goyal on being allocated the Commerce and Industry Ministry on Friday.
Feb 01, 2019, at 05:25 pm
New Delhi, Feb 1 (IBNS): An amount of Rs.1330 Crore has been provided in the Interim Budget for 2019-20 for the Mission for Protection and Empowerment for Women.
Union Budget: Indian government allocates Rs.64,587 Crore for Railways in 2019-20
Feb 01, 2019, at 05:17 pm
New Delhi, Feb 1 (IBNS): In the Interim Budget 2019-20, the Railways has been allocated Rs.64,587 crore.
One Lakh villages to go digital over next five years: Govt
Feb 01, 2019, at 05:15 pm
New Delhi, Feb 1 (IBNS): India having emerged as the world leader in the consumption of mobile data, the Government on Friday said it is now aiming to widen its impact by reaching out to the interior and rural areas.
Feb 01, 2019, at 05:01 pm
New Delhi, Feb 1 (IBNS): The anti-black money measures taken by the Government during the last four and half years in the form of Black Money Law, the Fugitive Criminal Offenders Act, and Demonetisation, have brought undisclosed income of about Rs 1,30,000 crore to tax, said Finance Minister Piyush Goyal.
Feb 01, 2019, at 04:52 pm
New Delhi, Feb 1 (IBNS): The Indian government on Friday said it has undertaken rationalization of customs duties and procedures to promote the “Make in India” initiative.
Feb 01, 2019, at 04:46 pm
New Delhi, Feb 1 (IBNS): The Goods and Services Tax (GST) reforms has resulted in increased tax base, higher collections and ease of trade, Union Finance Minister Piyush Goyal said on Friday.
India now 6th largest economy in the world with high growth: FM Piyush Goyal
Feb 01, 2019, at 04:38 pm
New Delhi, Feb 1 (IBNS): Under the leadership of the Prime Minister Narendra Modi, the country has witnessed its best phase of macro-economic stability, becoming the sixth largest economy in the world from being the 11th in the World in 2013-14, said Union Finance Minister Piyush Goyal on Friday.
Union Budget: Highest ever growth of 42% recorded in minimum wages of labours during last 5 years
Feb 01, 2019, at 04:32 pm
New Delhi, Feb 1 (IBNS): During the last 5 years, the minimum wages of labours of all classes have been increased by 42% which is the highest increase so far, revealed Union Finance Minister Piyush Goyal while presenting the budget on Friday.
Union Budget: Government proposes to launch pension scheme for unorganised sector workers
Feb 01, 2019, at 04:18 pm
New Delhi, Feb 1 (IBNS): The Government on Friday proposed to launch a mega pension yojana namely 'Pradhan Mantri Shram-Yogi Maandhan'for the unorganised sector workers with monthly income upto Rs. 15,000.