Page 63 - Piyush Goyal

Bank deposit insurance cover upped to Rs 5 lakh, refund in 90 days: Goyal

The amount has to be refunded to the depositor within 90 days

Piyush Goyal urges steel makers to address small industries cost concerns

The minister also said Goyal said that special care of MSMEs needs to be taken for easier and cost effective supply of steel

Third round of India-UAE free-trade pact talks in Delhi from Dec 6-10

Under a free-trade agreement, two trading partners reduce or eliminate customs duties on the maximum number of goods traded between them

12 suspended MPs not ready to apologise, what do we talk to Oppn: Goyal

Amid a stalemate over the suspension of 12 opposition Rajya Sabha MPs, Leader of the House Piyush Goyal on Friday said how can there be a reconciliation when these members are unwilling to apologise

China weaponised trade, difficult to see it as trusted partner: Tony Abbott

Tony Abbott on Friday said that China has weaponised trade and it is difficult to see Beijing as a trusted partner.

Suspended MPs could not be forgiven unless they apologise: Goyal

The BJP stoutly defended the suspension of 12 opposition members from the Rajya Sabha for their "unruly" conduct in the last Parliament session, saying this is the least that could have been done.

Piyush Goyal suggests five focus areas to enhance India-Bangladesh ties

Commerce and Industry Minister Piyush Goyal on Sunday suggested five focus areas including trade, connectivity, health and tourism for further enhancing economic ties between India and Bangladesh. He also said that Bangladesh is India's biggest trade partner in South Asia with a volume of over USD 10 billion of trade and both the countries are looking to advance the Comprehensive Economic Partnership Agreement (CEPA). I would like to suggest 5 focus areas for strengthening India-Bangladesh relationship: Trade, Technology, Connectivity, Entrepreneurship, Health & Tourism," he said while addressing the Bangladesh International Investment Summit. The minister added that efforts to further improve this connectivity is imperative for the expansion of bilateral trade and realisation of investment potential between Bangladesh and Eastern India.

Export of gems, jewellery more than double in first 7 months in FY22: Goyal

The union minister also said that the government has taken various measures to promote investment for the growth of the sector

Govt at work to remove burdensome compliance, help ease of doing biz: Goyal

Goyal suggested that the industry and the government together can engage with the judiciary on issues like fast resolution of commercial disputes and capping adjournments

Goyal asks gem, jewellery sector to focus on design, diversifying exports

Commerce and Industry Minister Piyush Goyal on Saturday asked the gem and jewellery industry to focus on areas like design, diversification of export product basket and lab grown diamonds with a view to boost outbound shipments and job creation. He said that exports from the sector have increased to USD 23 billion during the April-October period of this fiscal. Focus on four points in the coming period. Good design should be patented; include new things such as pearls, platinum and fashion jewellery in the exports basket; increase collaboration with businesses of other countries for fusion jewellery; and (focus on) lab grown diamonds, he said at the inauguration ceremony of Gems & Jewellery Manufacturing Association, 2021.

IBC has brought change in attitude of lenders, borrowers: Goyal

Goyal said IBC is a game changing reform compared to the past, when resolution would take probably decades

Re-launch of India-US Trade Policy Forum a beginning of new chapter: Goyal

Both the countries will re-launch the TPF, which have not met for the past four years

'Triple engine' govt needed for development of Delhi: Piyush Goyal

Union Commerce Minister Piyush Goyal on Monday said a 'triple engine' government is needed in Delhi to enhance the development of the national capital by three times. He made these remarks while inaugurating the state BJP executive meeting here. "There will be (municipal) corporation elections next year and then the assembly polls. When there will be a BJP government (at all the three levels), it would help Delhi get a triple engine government for its overall development. This would enhance the city's development by three times and for this all workers of BJP should strive hard from now onwards in a planned way," he added. Goyal said the AAP-led Delhi government has not implemented the Pradhan Mantri Awas Yojana, Ayushman Bharat Yojana, Gareeb Kalyan Yojana, and 'One Nation, One Ration card' schemes in the city. He said health insurance and housing are the biggest needs of the poor today but the "indifferent and inefficient attitude" of Chief Minister Arvind Kejriwal's government ha

Commerce minister Piyush Goyal meets US trade representative Katherine Tai

Union Minister of Commerce and Industry Piyush Goyal met with United States Trade Representative Katherine Tai on Monday

Will make effort so that Manipur gets full advantage of FTAs: Goyal

The Centre will make every possible effort so that Manipur gets full advantage of FTA as the state is a gateway to Myanmar and ASEAN countries, Union Minister Piyush Goyal has said.

Centre got positive feedback from industry on PLI schemes: Goyal

Goyal on Thursday said there has been very positive feedback from the industry on the recently announced production-linked incentive (PLI) schemes by the Central government

Goyal cautions cotton traders to refrain from hoarding, price manipulation

Union Minister Piyush Goyal on Thursday cautioned cotton bale traders to refrain from manipulation of prices or resort to hoarding to make unfair profits. Addressing textile industry players in a meeting, he also told them to "resolve cotton pricing issue in the spirit of collaboration rather than competition". The Minister of Textiles, Commerce & Industry, Consumer Affairs and Food & Public Distribution asked the textile industry leaders not to push the government to intervene. "Goyal cautioned the cotton bale traders from manipulation of prices or do hoarding to make unfair profits," according to an official statement. The minister further stated that manufacturing sectors should not depend on government support for growth. "Too much dependence of state support is not healthy for the robust growth of the sector," the statement said. The minister was intervening to resolve issues regarding cotton yarn prices between cotton yarn manufacturers and downstream textile ...

Very positive industry feedback for various PLIs announced by Centre: Goyal

Union Minister urges the states to undertake suitable amendments in labour laws to take advantage of PLIs induced manufacturing growth

Data shows strong rebound in India-US bilateral trade in 2021: US official

US Consul General Judith Ravin said the growth in economic ties between the two countries has been extraordinary

India should aim to achieve over $10 bn leather exports by 2025: Goyal

India should aim to achieve more than $10 billion worth of leather exports by 2025, Union Minister of Commerce and Industry, Piyush Goyal, said on Wednesday.