Page 23 - Piyush Goyal

Rahul misleading investors out of frustration after defeat: Piyush Goyal

From Rs 67 trillion during UPA govt, India's market cap surged to Rs 415 trillion; domestic, retail investors benefitted most, Goyal said in a press conference

Will work for holistic development of constituency: Goyal on 1st LS win

Union Minister Piyush Goyal, who won his first Lok Sabha elections from North Mumbai constituency, on Tuesday said he would work for the holistic development of the area. BJP candidate Goyal won by over 3.5 lakh votes from North Mumbai, defeating INC's Bhushan Patil. In a message on social media platform X (formerly Twitter), he said that today's mandate given to the NDA is dedicated to the relentless efforts of the hardworking karyakartas or workers. "This victory will take forward the futuristic and inclusive vision of an 'Uttam Mumbai' driven by the aspirations of the youth, nari shakti, poor and marginalised, fisherfolk, traders, business community and blessings of our elderly. "I commit myself to the holistic development of North Mumbai and making it an integral part of our journey towards a 'Viksit Bharat'," he added.

Maharashtra: BJP, Shiv Sena (UBT) leading in 11 seats, Cong ahead in 10

The BJP is leading in 11 seats, Shiv Sena in six and NCP in one seat in Maharashtra, while the Congress is ahead in 10, Shiv Sena (UBT) in 11 as per the latest trends of counting for 48 Lok Sabha seats in the state. The NCP (Sharadchandra Pawar) is leading in eight seats. Independent Vishal Patil, who rebelled against the Congress to contest from Sangli, had established a comfortable lead. Union ministers Nitin Gadkari and Piyush Goyal were leading in the Nagpur and Mumbai North Lok Sabha seats, while their colleague Raosaheb Danve had a slender lead in Jalna. Union ministers Kapil Patil, Bharti Pawar and Narayan Rane were trailing in Bhiwandi, Dindori and Ratnagiri-Sindhudurg seats, respectively. Maharashtra Minister Sudhir Mungantiwar is trailing in Chandrapur. In Baramati, NCP (SP) candidate Supriya Sule, who is in a neck-to-neck fight with NCP's Sunetra Pawar, was leading by 5,770 votes. BJP's Udayanraje Bhosale was trailing in Satara. Shiv Sena is leading in six seats, whi

Lok Sabha polls: Piyush Goyal files nomination from Mumbai North seat

Union minister Piyush Goyal on Tuesday filed his nomination papers from the Mumbai North Lok Sabha seat. Accompanied by Maharashtra Chief Minister Eknath Shinde, Goyal submitted his nomination papers before the returning officer in Bandra. This is the first time that Goyal is contesting the Lok Sabha poll. He is currently the Leader of House in the Rajya Sabha. Talking to reporters here, Goyal claimed the Congress is a "failed" party without any leadership or policy. The Congress has so far not announced any candidate from the Mumbai North seat. CM Shinde said Goyal's victory is assured, as he highlighted the work done by the state government in the last two years and by the Narendra Modi-led dispensation at the Centre in 10 years. The 'Mahayuti' (ruling alliance in Maharashtra comprising the Shiv Sena led by Shinde, BJP and Ajit Pawar-headed NCP) will win all the six Lok Sabha seats in Mumbai, the CM said. Polling in the six parliamentary constituencies in Mumbai will be held

India trustworthy partner for Nepal's development, says Piyush Goyal

Goyal also reiterated that Nepal and India not only share a border but also a deep-rooted friendship and a vision for a prosperous future.

BJP will implement UCC after returning to power, says Piyush Goyal

Union minister and BJP's candidate for Mumbai North Lok Sabha seat, Piyush Goyal, on Monday said his party will implement the Uniform Civil Code (UCC) in the country after being elected for a third term. Speaking to reporters at the Maharashtra BJP headquarters here, Goyal also dismissed criticism of the BJP's manifesto by opposition parties, saying it reflects their defeatist mindset. The UCC means having a common law for all citizens of the country that is not based on religion. Personal laws and laws related to inheritance, adoption and succession are to be covered by the common code. "The BJP is determined to implement the UCC in the country, and we will implement it. The Uttarakhand government has already worked on it," Goyal said. On Sunday, Prime Minister Narendra Modi released the BJP's Lok Sabha poll manifesto, outlining his vision for Viksit Bharat' as he exhorted people to give another mandate to his party to shape India's 'destiny' for the next 1,000 years. Describing

Trade policy in tune with development journey: Union Minister Piyush Goyal at BS Manthan

Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles Piyush Goyal

BS Manthan: Trade policy in tune with development journey, says Goyal

Top names in polity, economy, diplomacy, business, startups, agri, luxury & sustainability made BS Manthan a star-studded show

BS Manthan: Can't have one-size-fits-all trade policy, says Piyush Goyal

Speaking about free-trade agreements (FTAs), he said India was in dialogue with the European Union (EU), the United Kingdom (UK), Peru, Chile, and some countries in the Gulf Cooperation Council (GCC)

BS Manthan: From trade & startups to China+1, here's what happened on Day 2

At the Business Standard's annual event Manthan, Union Minister Piyush Goyal and industry leaders spoke on various steps India needs to take to transform into 'Viksit Bharat' by 2047

Trade policy calibrated with growth but open for expansion: Piyush Goyal

At Business Standard Manthan, Piyush Goyal added that in America and Europe, there are still high duties for several products

A developed India by 2047: Churning of ideas at Business Standard Manthan

Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal, and Railways & Telecom Minister Ashwini Vaishnaw along with other thought leaders will discuss the road ahead at summit next week

Exports to close fiscal at same level as FY23-24 amid uncertainties: Goyal

Commerce and Industry minister Piyush Goyal has exuded confidence that during this fiscal, the country's goods and services export numbers will be at the same level; as it was last year despite slowdown and uncertainties in the global trade. He also said that the government measures such production-linked incentives schemes and focus on high-quality goods and services would help in containing the country's trade deficit. So our trade deficit will be significantly lower than last year. "I am happy to share with you that we close the current year in March at the same level as last year. We have a little bit of an adjustment between goods and services, but collectively we will be at the same level as last year, which will be a very, very significant achievement given that most developing countries and less developed countries are seeing a fall in their international trade," Goyal told PTI in an interview. Cumulatively, the country's merchandise exports in April-January 2023-24 contrac

Bangladesh, Sri Lanka, among countries looking to start rupee trade: Goyal

Many developed and developing countries including Bangladesh, Sri Lanka, and nations of the Gulf region are keen to start trade in rupee with India as it would help cut transaction costs for businesses, Commerce and Industry Minister Piyush Goyal has said. He expressed confidence that the development is going to be a "very game-changing" dimension to India's international trade. "Bangladesh, Sri Lanka are already talking to us and they want us to start this immediately. Other countries in the Gulf region are looking at that. I think it'll take some time for people to see the benefits. And then we'll have more and more developed countries and countries in the Far East also joining the bandwagon. Singapore is already on board to some extent," he said. The minister added that gradually countries are realising that undertaking trade in domestic currencies has several advantages. The minister said that it is now picking up traction and a lot of countries have come forward for this ...

India will not tailor its policies to suit US EV maker Tesla: Piyush Goyal

India will not tailor its policies to suit US EV maker Tesla, and its laws and tariff rules will be formulated to attract all-electric vehicle manufacturers from across the world to set up a base in the world's fastest-growing economy, Commerce and Industry Minister Piyush Goyal said. Tesla has been seeking an initial tariff concession that would allow it to offset 70 per cent customs duty for cars priced less than USD 40,000, and 100 per cent for cars of higher value. In an interview with PTI, Goyal said the government recognises the need for a vibrant EV ecosystem as greater use of battery-run vehicles will cut carbon emissions as well as the staggering oil import bill. But for this, it will not tailor policies that suit any one company and would rather frame ones that will encourage all-electric vehicle manufacturers from across the world to set up shop in India, he said. "We are working on several initiatives where we are having inter-ministerial (consultations) and a dialogue

Govt to take all measures to contain prices of essential food items: Goyal

The Centre will pull all stops to ensure prices of essential food items from onion to tomatoes to pulses do not spike particularly during the elections, Union Minister Piyush Goyal said as he cited the Modi government's track record of controlling rates within days of any temporary hike. In an interview with PTI, Goyal, who is heading the food and consumer affairs ministry, asserted that the Modi government would continue to take measures to ensure that there is no stress on the household budget of "our Nari-Shakti". Replying to a query regarding the government's strategy to ensure that there are no spikes in prices of food items when the general election kicks in, the minister said, "We are going to be on top of it. And I can assure the people of India that this government cares for the women of India." He highlighted that the government has spent in the last few years about Rs 28,000 crore to the price stabilisation fund to support the effort to fight against food inflation. "We

Farmer leaders will see reason, call off protest, says Piyush Goyal

Union Minister Piyush Goyal on Friday said that the Modi government is committed to the welfare of farmers and exuded confidence that the farmer leaders will see reason and call off their protest. Food Minister Goyal, along with Union Agriculture Minister Arjun Munda, and Minister of State for Home Affairs Nityanand Rai have held four rounds of talks with the farmers' group who are seeking a legal guarantee on MSP (minimum support price). He said that the government always support farmers and it stands by them. "Please don't get misled by the propaganda of some people. This government is committed to the interest of farmers and we are totally committed to a bright future for every farmer." The minister said that he along with the agriculture minister and the Minister of State for Home Affairs had suggested to the farmer leaders on how the government can work with them for a better future for the farming community and to help the country become self-reliant. "I am confident that th

Modi govt always keeps in mind long-term benefits of FTAs for India: Goyal

Commerce and Industry Minister Piyush Goyal on Friday said that the Modi government always keeps in mind commensurate and long-term benefits for the domestic industry while negotiating free trade agreements. He stressed that "gone" are the days when India used to accept the terms of the world. "We crystal gaze into the future to make sure that its (FTAs) impact in the future will also be positive and we also look at balanced, fair and equitable FTAs," he told PTI in an interview. "So we can see the big Indian opportunity that we are offering and we want to make sure that we get commensurate benefits (from these pacts) for the country," he said. He indicated "some good news" on this front in the days to come. The remarks assume significance as India and the European Free Trade Association (EFTA) bloc concluded the talks for an FTA. EFTA members are Iceland, Liechtenstein, Norway, and Switzerland. The minister said that the free trade pacts of the Modi government involve a huge am

It would be privilege to contest upcoming Lok Sabha elections: Piyush Goyal

Union Minister Piyush Goyal, whose is among the high run ministers in the Modi government that are being speculated for contesting upcoming general elections, on Friday said he is ready to take the plunge but it is for the party to decide on the issue. Goyal, son of former BJP treasurer Ved Prakash Goyal, has been a three time Rajya Sabha member and if nominated, this will be his first Lok Sabha contest. In an interview to PTI, he said it would be a privilege to contest the upcoming Lok Sabha elections, but a decision in this regard has to be taken by the BJP party leadership. On whether he would like to contest the elections from Maharashtra, he said it would depend upon the party. Goyal holds three portfolios - commerce and industry, textiles, and food and consumer affairs. At present, the minister is a Rajya Sabha member from Maharashtra. "Of course, I am very excited, I am looking forward to a decision being made by the party leaders and I do hope that I (will) get an opport

Cabinet approves AI Mission at an outlay of Rs 10,372 crore for 5 years

The Cabinet approves India AI mission with an outlay of Rs 10,372 crore for five years, Union Minister Piyush Goyal said on Thursday. The approved corpus will be used to to create a large computing infrastructure. The minister, briefing reporters after the Cabinet meeting, said supercomputing capacity, comprising over 10,000 GPU, will be made available to various stakeholders for creating an AI ecosystem. Startups, academia, researchers and industry will be given access to the AI supercomputing infrastructure established under the India AI Mission, Goyal said. A National Data Management Officer will be set up under the mission that will coordinate with various government departments and ministries to improve the quality of data and make them available for AI development and deployment.