Page 3 - Piyush Goyal

Singapore PM meets Indian ministers, discusses ways to boost bilateral ties

Prime Ministrer Lawrence Wong on Thursday met visiting Indian ministers ahead of the fourth India-Singapore Ministerial Roundtable (ISMR) and discussed ways to build on the progress made in bilateral ties, particularly in advanced manufacturing, digitalisation, sustainability and connectivity. External Affairs Minister S Jaishankar, Finance Minister Nirmala Sitharaman, Commerce & Industry Minister Piyush Goyal, and Minister of State for Electronics & IT Jitin Prasada are in the city-state to participate in the ministerial-level meeting. In a series of social media posts, Wong said it was a pleasure to catch up with Sitharaman, Jaishankar, Goyal and Prasada ahead of the ISMR, which began on Thursday. The leaders discussed how Singapore and India can "build on the good progress made through ISMR" and take the Comprehensive Strategic Partnership further, especially in advanced manufacturing, digitalisation, sustainability and connectivity. Wong said the discussions also covered ..

BJP announces new team under chief Nitin Nabin: Check full list of leaders

BJP president Nitin Nabin's new national team has 13 vice-presidents, eight general secretaries and 16 secretaries, with Piyush Goyal taking charge as treasurer

India, South Africa-led group to begin trade pact talks in a month

The proposed preferential trade agreement will initially cover goods, with India and the five-member customs union aiming to conclude negotiations within a year

Exports up about 15% in Apr-Jul despite global uncertainties: Piyush Goyal

The country's exports increased by about 15 per cent during April-July this fiscal year despite global uncertainties, Commerce and Industry Minister Piyush Goyal said on Wednesday. He also expressed confidence that the target of USD 1 trillion worth of goods and services exports for 2026-27 will be achieved. It was USD 863 billion in 2025-26. "During the first four months of this fiscal, about 15 per cent growth is there in exports," he said. The final exports and import numbers for July will be released on August 13. Talking about free trade agreements (FTAs), Goyal said the nine pacts finalised in the last four years have opened huge opportunities for domestic industry. These pacts together account for about two-thirds of the global trade. During April-June this fiscal, exports increased 15.92 per cent to USD 129.32 billion, while imports rose 19.89 per cent to USD 216.18 billion.

India not in favour of separate BRICS currency: Commerce Min Goyal

India is not in favour of a BRICS currency and does not support the introduction of any such scheme, Commerce and Industry Minister Piyush Goyal said on Friday. BRICS group comprises 11 major emerging markets and developing countries of the world -- Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, Saudi Arabia, South Africa, and United Arab Emirates (UAE). It serves as a platform for consultation and cooperation on contemporary issues having global as well as regional significance, and issues of global political and economic governance. "Bharat BRICS currency ke paksh mein nahin hai. Hum samarthan nai dete ki aisi koi BRICS currency jaisi nai yojna lai jaye. Bharat ka uske upar virodh hai (India is not in favour of a BRICS currency. We do not support the introduction of any such BRICS currency scheme; India opposes it)," he told reporters after conclusion of the two-day meeting of BRICS trade and industry ministers in Jaipur. These remarks are important as in 2024, U

India-Uzbekistan should look at doubling trade in next 3 yrs: Piyush Goyal

India and Uzbekistan should look at doubling bilateral trade in the next three years as huge opportunities are there in enhancing cooperation in areas like mining, pharma, and healthcare, Commerce and Industry Minister Piyush Goyal said on Monday. The two-way commerce stood around USD 1.5 billion. Trade will have to lead from the front to boost economic ties between the two countries, he said, adding, "let's look to double trade in next three years". He was speaking at the India-Uzbekistan Business Forum meeting here. Goyal also called upon businesses of both sides to invest in each other's economies. He added that while India is strong in areas like IT, skilled work force, digital public infrastructure, Uzbekistan offers opportunities in segments such as mining and cotton production. If the two countries can look at negotiating a free trade agreement, he said, "That is a promising idea. We can look at that." Speaking at the function, Laziz Kudratov, Uzbekistan's Minister of ...

Superfood goes global as first shipment of flavoured makhana reaches Canada

Value-added export marks a shift from raw produce as Bihar farmers gain better prices and India's premium makhana targets global healthy snack markets

Goods exports rise 15%, FTAs to give further boost, says Piyush Goyal

Commerce minister says export momentum is expected to continue as FTAs take effect, while India remains engaged with the US on the proposed trade pact

Piyush Goyal addresses India-Estonia Business Forum, calls for deeper ties

He emphasised that India's strong growth trajectory, expanding manufacturing base, vibrant innovation ecosystem and progressive reforms present significant opportunities

Centre offers 20 critical mineral blocks in eighth auction tranche

The Centre has launched the eighth tranche of critical mineral auctions, offering 20 blocks across nine states as it seeks to strengthen India's strategic mineral value chain

US trade pact will be signed when time is right: Commerce Secretary

Fully engaged with Washington for a balanced deal, says Piyush Goyal

India, US remain fully engaged on trade pact talks, says Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Monday said India and the US teams are fully engaged for a trade pact that is balanced, commercially meaningful, and delivers tangible benefits for businesses, farmers, workers, and consumers. He said that he had a meeting with US Trade Representative Jamieson Greer here last month. "Both sides reaffirmed their commitment to an agreement that is balanced, commercially meaningful, and delivers tangible benefits for businesses, farmers, workers, and consumers in both countries. Our teams remain fully engaged in achieving this objective," Goyal said in a social media post.

India-UK CETA: What changes for exporters and workers from July 15?

India and the UK's trade deal comes into force on July 15, lowering import duties on many Indian exports and offering social security relief for professionals

Weekly policy watch: Inflation data, India-UK FTA, forex reserves in focus

India's policy calendar this week will track inflation, wholesale prices, trade agreements and forex reserves

India-EU FTA likely to be rolled out by Apr-Jun 2027: EU chief negotiator

The India-EU free trade agreement is likely to take effect in the April-June quarter of 2027 after ratification, according to the European Commission's chief negotiator

Goyal, Jaishankar and Vaishnaw to visit Brussels for TTC talks with EU

Piyush Goyal says the Trade and Technology Council dialogue will complement the recently concluded India-EU free trade agreement, while India aims to conclude the Canada FTA within six months

India-Peru FTA unlikely soon; Canada pact may close in 6 months: Goyal

India exported goods worth $1.4 billion to Peru during the last financial year, while imports stood at $8.87 billion, resulting in a trade deficit of $7.47 billion

India's goods exports likely to cross $500 bn in FY27: Piyush Goyal

Commerce Minister Piyush Goyal expects merchandise exports to grow 16-17 per cent and services exports 10-11 per cent, taking India's total exports close to the $1 trillion target

India targets $1 trn exports in FY27, eyes 17% goods export growth: Goyal

Speaking at the Board of Trade meeting at Vanijya Bhawan in New Delhi, Goyal said the target would require a sharp increase in both goods and services shipments

India-EU FTA legal scrub to end in 10-12 days; pact likely by Dec 31: Goyal

Commerce Minister Piyush Goyal says the India-EU free trade agreement is on track for signing by December-end, while reiterating India's demand for a competitive edge in the interim US trade deal