Page 2 - Piyush Goyal

India-UK free trade agreement to come into force in a month: Piyush Goyal

Commerce Minister Piyush Goyal said the India-UK free trade agreement will come into force in about a month and will be the fastest trade pact approved by the UK Parliament

West Asia war updates: India says no fuel shortage; Trump warns on Hormuz

India said there is no fuel shortage; oil prices remained volatile as Donald Trump warned Iran against mining the Strait of Hormuz. Here are the top updates at 9 am (IST)

'Absolutely no shortage of fuel': Goyal amid uncertainty in energy supply

Goyal said the government is closely monitoring the evolving situation and taking necessary steps to ensure the uninterrupted availability of fuel across the country

Looking to help exporters on insurance front amid West Asia crisis: Goyal

Commerce and Industry Minister Piyush Goyal on Tuesday said the government is looking to extend help to exporters on the insurance front to help them deal with the ongoing West Asia crisis. He said an inter-ministerial group is keeping tabs on the developments on a daily basis and is interacting with exporters. The Customs department has come out with norms for dealing with export cargo returning to Indian ports due to the closure of the Strait of Hormuz and disruptions in maritime routes amid the West Asia crisis. "Similarly, we are looking for developing some new schemes like insurance support... We are consulting ECGC (Export Credit Guarantee Corporation) and other departments on that," Goyal told reporters here. He said the government is looking at ways to help exporters whose goods have been shipped but are facing problems. The government is monitoring the situation 24 hours, he added. Exporters are facing issues due to a joint attack launched by the US and Israel on Iran. I

India got best trade deal with US among competing nations: Piyush Goyal

India has secured the best trade deal with the US compared to its competing nations, Commerce and Industry Minister Piyush Goyal said on Saturday, noting that the two countries share a "very powerful" relationship. He said that the US is the world's largest economy - USD 30 trillion - and nobody can wish it away. "It has been a fantastic journey. We have the best of relations. You would have observed that through the last year, President Donald Trump has always had the best of things to say about India as a country, and about Prime Minister (Narendra) Modi. We have fantastic relations with our counterparts there. "Even within your family, sometimes you can have one or two misunderstandings. It's a part of the course. I think it's a very, very powerful relationship that the US and India share. And we got the best deal amongst all the nations with whom we compete," Goyal said when asked about the trade relations with the US. He was speaking at Raisina Dialogue 2026 here. The ministe

Farmers' earnings may come under pressure if West Asia exports stay stuck

Centre says India is sitting on 36.5 per cent more fertiliser stocks as on March 6, compared to last year; farmers fully insulated from global shocks

Will formalise ways to give comfort to Indian exporters, says Piyush Goyal

Piyush Goyal says the government is formalising steps to support exporters facing disruptions from the West Asia crisis, with an inter-ministerial group tracking risks and logistics challenges

India seeks to retain tariff edge over Asian peers in US trade deal

Goyal said India is closely watching the evolving situation following the US SC's verdict, and will continue to engage with Washington for best possible opportunities in the interim trade deal

Govt has set up inter-ministerial group to monitor West Asia crisis: Goyal

The government has set up an inter-ministerial group, which is meeting daily to closely monitor developments in West Asia, Commerce minister Piyush Goyal said on Tuesday. Exporters have expressed apprehensions that escalating tensions in the West Asian region due to joint attacks by the US and Israel on Iran may impact India's trade. "We have set up an inter-ministerial group that meets on a daily basis and is closely monitoring the developments in West Asia to assess any vulnerabilities -- in our shipping, logistics, export or even critical imports, and we will coordinate with inter-ministerial actions," Goyal said while addressing a post-Budget webinar. During the first meeting of the group on Tuesday, he said, different ministries have suggested certain things. "We shall work on those and continue to look for your valued suggestions in the Ministry of Commerce so that we can ensure the minimal impact of the West Asia crisis," he added.

India to continue talks for best trade deal with US, says Piyush Goyal

India is closely watching US tariff moves after the Supreme Court verdict, with Goyal saying New Delhi will continue to engage Washington to preserve balance in the newly finalised interim trade deal

India-US trade deal will be 'rebalanced' if situation changes: Piyush Goyal

Union Commerce Minister Piyush Goyal said that Indian trade authorities are closely tracking developments after the US Supreme Court ruling against country-specific tariffs

Howard Lutnick meets Piyush Goyal, holds 'highly productive' trade talks

Howard Lutnick held talks with Piyush Goyal in Delhi as tariff uncertainty persists following fresh US duties and renewed trade deal discussions

India open to reviewing China investment rules: Piyush Goyal at BS Manthan

India is open to reviewing its investment stance towards China as it looks to expand domestic manufacturing

Piyush Goyal meets US Commerce Secretary Lutnick, discusses trade ties

Commerce and Industry Minister Piyush Goyal on Thursday said he has held a meeting with US Secretary of Commerce Howard Lutnick and US Ambassador to India Sergio Gor and discussed ways to expand trade relationship between the two countries. "Hosted US Secretary of Commerce @HowardLutnick & @USAmbIndia Sergio Gor. Engaged in very fruitful discussions to expand our trade and economic partnership," Goyal said in a social media post. The meeting holds immense importance as both countries are in the process of finalising the legal text for the first phase of a bilateral trade agreement. Following the US Supreme Court order striking down US President Donald Trump's sweeping tariffs, the US has imposed 10 per cent tariffs on all the countries for 150 days.

BS Manthan 2026: AI, trade currents reshape policy discourse on Day 1

Speaker after speaker assessed the likely impact of emerging technologies, especially AI, on risk and opportunity scale while exploring ways to make India future-ready at BS Manthan 2026

Norms on investments from China can be eased in calibrated way: Goyal

Piyush Goyal says China-origin FDI is not banned and approvals will be sped up, as India considers a calibrated relaxation of Press Note 3 norms while advancing a broad FTA agenda

Trade talks to resume after clarity over US tariff situation: Piyush Goyal

India to resume US trade talks after clarity on tariff regime following Supreme Court ruling on Trump-era duties

Policy, AI and growth themes set tone at Day 1 of BS Manthan 2026

Union Commerce and Industry Minister Piyush Goyal and Union Road Transport and Highways Minister Nitin Gadkari headlined the first day of the summit

At BS Manthan 2026, leaders debate AI, trade and India's future readiness

At BS Manthan 2026, ministers, industry leaders and policy experts debated AI, trade, demographics and sustainability as India navigates geopolitical shifts and prepares for a tech-driven future

India open to reviewing China investment rules: Piyush Goyal at BS Manthan

Union Commerce Minister Piyush Goyal says India is accelerating trade deals, including talks with Gulf nations and Chile, as the country positions itself as a trusted partner in global supply chains