Page 24 - Latest Updates on Piyush Goyal
Goyal shows hope, says right steps would make India $55 trn economy by 2047
Goyal added that EV focus, and reduction in imports of goods, oil seeds, rubber and pulses would help further strengthen the domestic currency
 "Goyal shows hope, says right steps would make India $55 trn economy by 2047")
No rethinking on support for Chinese for investments in India: Piyush Goyal
European Union has suggested India devise its own mechanism instead of paying carbon tax for imports, says Commerce Minister
Goyal says industry's demand for protection may derail UK, EU FTA talks
India and the UK have been negotiating a trade agreement for over two-and-a-half years
 "Goyal says industry's demand for protection may derail UK, EU FTA talks")
Will consider EU suggestion; come up with whatever good for industry: Goyal
Goyal said the ministry would consider the EU's suggestion and come up with whatever is good for the Indian industry and for the people
 "Will consider EU suggestion; come up with whatever good for industry: Goyal")
No rethinking on supporting Chinese investments in India: Piyush Goyal
The Survey, he said, is not at all binding on the government and there is no thinking on supporting Chinese investments in the country
 "No rethinking on supporting Chinese investments in India: Piyush Goyal")
Hike in capital gains taxes won't adversely impact market sentiment: Goyal
The Commerce minister termed the criticisms against the hike in capital gains tax and securities transaction tax in derivatives trading as fear-mongering
 "Hike in capital gains taxes won't adversely impact market sentiment: Goyal")
India has highest trade deficit with China, gap narrowing: Piyush Goyal
It may also be noted that from 2004-05 to 2013-14, trade deficit grew by approximately 24.8 times while it grew only by 1.75 times from 2014-15 to 23-24, Commerce & Industry Minister Piyush Goyal said
Panel of secretaries working on simplification of FDI rules: Piyush Goyal
A reduction in the basic customs duty of gold to 6 per cent (from 15 per cent) will reduce smuggling, said Union minister Piyush Goyal
 "Panel of secretaries working on simplification of FDI rules: Piyush Goyal")
Cut in gold import duty will curb smuggling, boost jewellery exports: Goyal
"The gold import duty cut to 6 per cent will promote the manufacturing of gold and silver jewellery. It will also contain smuggling," Goyal told PTI
Goyal cites ease of doing, other steps to attract US investors to India
The minister added that though at present the US is attractive for investors because of high interest rates, going forward India provides huge opportunities for businesses
 "Goyal cites ease of doing, other steps to attract US investors to India")
G7 trade ministers' meet: Union min Goyal discusses FTA with UK, EU
Goyal was attending the G7 Trade Ministers' meeting in Italy to discuss ways to enhance global trade relations and economic cooperation
 "G7 trade ministers' meet: Union min Goyal discusses FTA with UK, EU")
Regulatory framework to push exports via e-comm likely by Sep: Comm secy
He added that the industry is not seeking any financial assistance and just needs a good regulatory ecosystem like taxation and how returned goods will be treated
 "Regulatory framework to push exports via e-comm likely by Sep: Comm secy")
'Huge potential': Piyush Goyal asks Swiss firms to invest in India
Goyal encouraged Swiss companies to become part of India's growth story and invest in its growing and dynamic market
 "'Huge potential': Piyush Goyal asks Swiss firms to invest in India")
Huge investment opportunities in India: Piyush Goyal to Swiss investors
Commerce and Industry Minister is in Switzerland regarding implementation of the India-EFTA Trade and Economic Partnership Agreement (TEPA)
Exports positive in April-June quarter despite challenges: Piyush Goyal
He also said that growth in the services sector is helping the country's outbound shipments to register positive growth rates
Piyush Goyal to hold meetings with G7 trade ministers in Italy next week
Reggio Calabria is a coastal city in southern Italy. The Group of Seven (G7) industrialised nations are Canada, France, Germany, Italy, Japan, the UK, and the US
 "Piyush Goyal to hold meetings with G7 trade ministers in Italy next week")
Deeply committed to reforms; pained by EV sales drop: Piyush Goyal
Sales of EVs during April-June contracted 7 per cent year-on-year to 346,024 units, data from the Ministry of Road Transport and Highways' VAHAN portal showed
India-EFTA FTA: Goyal to meet Swiss investors on on $100-bn FDI commitment
The minister's visit to Switzerland will also see discussions on the ratification of the trade deal by both sides
Labour Party's electoral victory renews hope for India-UK trade deal
Keir Starmer became Britain's Prime Minister on Friday after his Labour Party's landslide electoral victory against Rishi Sunak-led Conservatives
 "Labour Party's electoral victory renews hope for India-UK trade deal")
PESO to draft safety norms for petrol pumps near habitation, says Goyal
Commerce and industry minister also announced 80 per cent concession for women entrepreneurs and 50 per cent for MSMEs in licensing fees for licences granted by PESO