Page 28 - Latest Updates on Piyush Goyal
Rapid growth of e-comm matter of concern, not source of pride: Piyush Goyal
Union Commerce Minister Piyush Goyal raised concerns over the rapid growth of e-commerce in India, questions predatory pricing strategies employed by online retail giants
 "Rapid growth of e-comm matter of concern, not source of pride: Piyush Goyal")
Maruti Suzuki's export of Indian SUV to Japan to boost 'Brand India': Goyal
The first consignment of over 1,600 vehicles left for Japan from Gujarat's Pipavav port, the country's largest carmaker said in a statement
 "Maruti Suzuki's export of Indian SUV to Japan to boost 'Brand India': Goyal")
Fadnavis to negotiate with allies for Maha polls: BJP Mumbai unit chief
The move aims to prevent undesired delays by streamlining the preparations for the assembly elections due in a few months, he said
 "Fadnavis to negotiate with allies for Maha polls: BJP Mumbai unit chief")
Goyal states restoring Diamond Imprest Licence for gems, jewellery sector
In the absence of this licence, the cut and polished diamonds were getting imported in Dubai and getting assorted there and re-exported, impacting India's exports and jobs in the sector
 "Goyal states restoring Diamond Imprest Licence for gems, jewellery sector")
India always cares for, looks after interests of Global South: Piyush Goyal
We do believe that we would like to be a friend to every country in world, more so member states of Bimstec, 7 nations who collectively make up almost 22 per cent of world population, Goyal added
Piyush Goyal suggests Bimstec group members to relook proposed FTA
Reasons for slow progress can be non-trade barriers or trade barriers coming in way of normal trade, he said adding possible impact of other regional FTAs on Bimstec region could be cause of the delay
 "Piyush Goyal suggests Bimstec group members to relook proposed FTA")
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
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
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)
