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Industry must fully integrate with government digital platforms to boost logistics sector: Piyush Goyal Union Minister of Commerce and Industry Piyush Goyal on Friday called for a 100 per cent integration of industry stakeholders onto the government digital platforms to improve the logistics sector.  During his address at the ULIP Logixtics Hackathon 2.0 Awards Ceremony here, the minister urged the participants to think about sustainability and integrate green practices into India’s logistics ecosystem. "We have to adopt technology like electric mobility, biofuels, multimo...
Industry must fully integrate with government digital platforms to boost logistics sector: Piyush Goyal
Industry must fully integrate with government digital platforms to boost logistics sector: Piyush Goyal
Source: IANS
2024-12-21 12:31:11 pm
Footwear and leather industry symbol of India`s craftmanship and innovation: Piyush Goyal Union Minister of Commerce & Industry, Piyush Goyal has said that India’s footwear and leather industry is not only a significant contributor to the economy but also a symbol of skilled craftsmanship and innovation.  Goyal lauded the exporters for their contributions and urged the industry leaders to work together to achieve even greater milestones. He praised the leather industry for adopting high quality standards and for their commitment to make Brand India represent the ...
Footwear and leather industry symbol of India`s craftmanship and innovation: Piyush Goyal
Footwear and leather industry symbol of India`s craftmanship and innovation: Piyush Goyal
Source: Accord Fintech
2024-12-20 02:19:19 pm
PLI scheme has attracted Rs 1.46 lakh crore investment, created 9.5 lakh jobs The Centre’s Production Linked Incentive (PLI) scheme has succeeded in attracting an investment of Rs 1.46 lakh crore in the manufacturing sector and has created over 9.5 lakh jobs, Commerce and Industry Minister Piyush Goyal informed the Lok Sabha. As of date, 764 applications have been approved under PLI schemes across 14 sectors, the minister said in a written reply in the Lower House. "As of August 2024, across 14 sectors, investment of Rs 1.46 lakh crore have been realis...
PLI scheme has attracted Rs 1.46 lakh crore investment, created 9.5 lakh jobs
PLI scheme has attracted Rs 1.46 lakh crore investment, created 9.5 lakh jobs
Source: IANS
2024-12-18 02:28:17 pm
Industry must skill, provide job opportunities to disabled: Piyush Goyal  Industry must devise ways to skill, train, and provide employment opportunities to physically impaired citizens, said Union Minister of Commerce and Industry Piyush Goyal.   Goyal said this during his address at the BML Munjal Awards 2024 in New Delhi. Evoking Prime Minister Narendra Modi’s call for skilling the nation and enabling the physically impaired citizens, he called on industry leaders to make skill development available in Braille, and also for those who have ...
Industry must skill, provide job opportunities to disabled: Piyush Goyal
Industry must skill, provide job opportunities to disabled: Piyush Goyal
Source: IANS
2024-12-13 11:53:48 am
India`s economic growth by end of this fiscal to be back on track: Piyush Goyal Commerce and Industry Minister Piyush Goyal has expressed confidence that India's economic growth by end of this fiscal will be back on track despite global uncertainties. He said that this year also India will be the world's fastest growing economy. He stated ‘We had an election in the first quarter and during the election, obviously policy making and decisions on next steps of growth or infrastructure spending does slow down and there is a lag effect. But from what the init...
India`s economic growth by end of this fiscal to be back on track: Piyush Goyal
India`s economic growth by end of this fiscal to be back on track: Piyush Goyal
Source: Accord Fintech
2024-12-13 10:24:49 am
India, EU aiming for balanced, ambitious, comprehensive & mutually beneficial FTA: piyush Goyal Highlighting growing proximity and rising trade between India and the European Union (EU), Union Minister of Commerce and Industry Piyush Goyal has said that both sides are aiming for a balanced, ambitious, comprehensive and mutually beneficial Free Trade Agreement (FTA). The FTA negotiations, after 9 rounds of intense engagement, need political directions to arrive at a commercially meaningful deal while understanding the sensitivities of each other.  Goyal further underlined that an...
India, EU aiming for balanced, ambitious, comprehensive & mutually beneficial FTA: piyush Goyal
India, EU aiming for balanced, ambitious, comprehensive & mutually beneficial FTA: piyush Goyal
Source: Accord Fintech
2024-12-12 01:52:33 pm
India seeking mutually beneficial FTA with EU: Piyush Goyal Commerce and Industry Minister Piyush Goyal has highlighted that India is aiming for a balanced, comprehensive and mutually beneficial Free Trade Agreement (FTA) with the EU, according to an official statement issued on Thursday.  At a meeting held here with Ambassadors of the European Commission delegation, Austria, Belgium, Bulgaria, Czech Republic, Estonia, Italy, Ireland, Latvia, Lithuania, Malta, Poland, Portugal, Romania, Slovak Republic, Spain and Sweden, the minister discussed...
India seeking mutually beneficial FTA with EU: Piyush Goyal
India seeking mutually beneficial FTA with EU: Piyush Goyal
Source: IANS
2024-12-12 12:18:42 pm
India, Norway forge deeper economic ties, plan to launch startup bridge  Union Commerce and Industry Minister Piyush Goyal on Sunday proposed to launch a startup bridge between Norway and India, as the two countries discuss various ways to boost trade ties.  Norwegian Ambassador to India, May-Elin Stener, suggested that the startup initiative could be launched during the Indo-Nordic summit next year. Addressing the India-Norway Business Forum here, organised by the Confederation of Indian Industry (CII) in collaboration with the Department for Pro...
India, Norway forge deeper economic ties, plan to launch startup bridge
India, Norway forge deeper economic ties, plan to launch startup bridge
Source: IANS
2024-12-09 09:07:43 am
India, Norway to hold discussions on $100 billion investment opportunity Union Minister of Commerce and Industry, Piyush Goyal, is slated to hold a meeting with a Norwegian industry delegation, led by Norwegian Ambassador May-Elin Stener, here on Sunday, eyeing a $100 billion investment opportunity for both nations.  According to a statement by the Ministry of Commerce and Industry, the key focus of the business roundtable will be on the recent Free Trade Agreement (FTA) between India and the European Free Trade Association (EFTA) countries, which holds im...
India, Norway to hold discussions on $100 billion investment opportunity
India, Norway to hold discussions on $100 billion investment opportunity
Source: IANS
2024-12-08 08:48:02 am
Indian startups raise $250 million across 18 deals this week, up 72 pc The Indian startup ecosystem saw its cumulative funding reach $250 million across 18 deals this week, a significant 72 per cent increase.  Domestic startups had raised more than $145 million last week, as investor confidence revived in the country when it came to VC funding. Global investment group Prosus disclosed it infused $100 million in NBFC Vastu Housing Finance and $80 million in fintech Mintifi. AI-enabled customer feedback intelligence platform Enterpret raised $20.8 mi...
Indian startups raise $250 million across 18 deals this week, up 72 pc
Indian startups raise $250 million across 18 deals this week, up 72 pc
Source: IANS
2024-12-07 04:56:02 pm
India clocks impressive 67 pc growth in total exports in 10 years As demand for Indian products in the global market surges across categories, the country’s total exports reached about $778 billion in FY2023-24, compared to $466 billion in FY2013-14 — a whopping 67 per cent growth.  India’s share in world merchandise exports also improved from 1.66 per cent to 1.81 per cent, with the country advancing in rankings from 20th to 17th position, Union Minister of Commerce and Industry, Piyush Goyal, responded to a Parliamentary query. ...
India clocks impressive 67 pc growth in total exports in 10 years
India clocks impressive 67 pc growth in total exports in 10 years
Source: IANS
2024-12-07 10:55:13 am
MSMEs integral to large businesses, industrial growth: Piyush Goyal Union Minister of Commerce & Industry, Piyush Goyal has said that MSMEs are integral to large businesses and industrial growth, adding that the Government is willing to earmark areas to MSMEs in the 20 townships being built across the nation. Further noting that MSMEs are pivotal to supporting large industries in their ecosystem, the Minister said that he would speak to States to look at providing areas to MSMEs for developing their businesses in townships and industrial parks. He also ad...
MSMEs integral to large businesses, industrial growth: Piyush Goyal
MSMEs integral to large businesses, industrial growth: Piyush Goyal
Source: Accord Fintech
2024-12-06 01:42:55 pm
Government setting up 20 new industrial townships nationwide: Piyush Goyal Commerce and Industry Minister Piyush Goyal said on Thursday that the government is setting up 20 new industrial townships across the country, one of which has already started in Noida.   "A lot is happening, and with the active participation of industry, we can achieve much more and much faster. As a country, we need a change in mindset to recognise high quality and sustainability as our calling card as we engage with the world," Goyal said at the Bhart@100 Summit organised...
Government setting up 20 new industrial townships nationwide: Piyush Goyal
Government setting up 20 new industrial townships nationwide: Piyush Goyal
Source: IANS
2024-12-05 03:35:00 pm
Indian startups democratising biz, converting job seekers into job creators: Piyush Goyal The domestic startup ecosystem is driving transformative change by democratising business and converting job seekers into job creators, Union Minister of Commerce and Industry, Piyush Goyal, said on Thursday.  Applauding the launch of Startup Policy Forum (SPF), a first-of-its-kind industry alliance dedicated to representing and advancing India’s new-age economy, the minister said he is glad to see many founders joining the SPF, which should reinforce India’s global leader...
Indian startups democratising biz, converting job seekers into job creators: Piyush Goyal
Indian startups democratising biz, converting job seekers into job creators: Piyush Goyal
Source: IANS
2024-12-05 10:10:05 am
Global South not responsible for environmental damage: Piyush Goyal At the inaugural session of Confederation of Indian Industry (CII) Partnership Summit 2024, Union Minister of Commerce & Industry, Piyush Goyal has said that Global South is not responsible for global environmental damage but has been caused by the developed countries who enjoyed the benefit of low cost energy. Trade Ministers from the Italian Republic, State of Israel, Bhutan, Bahrain, Algeria, Nepal, Senegal, South Africa, Myanmar, Qatar and Secretary of State for Ministry of Commerce o...
Global South not responsible for environmental damage: Piyush Goyal
Global South not responsible for environmental damage: Piyush Goyal
Source: Accord Fintech
2024-12-03 03:14:00 pm
India a rising economic power & gateway for investments: Global leaders India is a rising economic power and a gateway for investments, the global leaders said on Monday.   Global leaders participated in the inaugural session of the CII Partnership Summit 2024 in the national capital. Trade Ministers from Italy, Israel, Bhutan, Bahrain, Algeria, Nepal, Senegal, South Africa, Myanmar, Qatar and the Secretary of State for the Ministry of Commerce of Cambodia are partner countries at the Summit. Speaking to IANS, Minister of Industry, Commerce and Employm...
India a rising economic power & gateway for investments: Global leaders
India a rising economic power & gateway for investments: Global leaders
Source: IANS
2024-12-03 09:30:20 am
Donald Trump a friend of India and PM Narendra Modi, don`t foresee any problem whatsoever: Piyush Goyal  Calling US President-elect Donald Trump as a "friend of India" and "a friend of Prime Minister Narendra Modi", Commerce and Industry Minister Piyush Goyal said on Thursday that New Delhi is looking to further strengthen the economic partnership between the two countries as soon as the new administration takes charge in Washington, next month. "Mr. Trump is a friend of India, is a friend of Prime Minister Narendra Modi and I'm sure this friendship will onl...
Donald Trump a friend of India and PM Narendra Modi, don`t foresee any problem whatsoever: Piyush Goyal
Donald Trump a friend of India and PM Narendra Modi, don`t foresee any problem whatsoever: Piyush Goyal
Source: IANS
2024-11-29 09:34:24 am
Piyush Goyal launches CII`s `Ease of Doing Business`portal  Commerce and Industry Minister Piyush Goyal on Thursday launched the CII Ease of Doing Business and Regulatory Affairs portal for getting insights into India's business environment and to receive and track suggestions for improvement.    The portal was launched at the 2nd Department for Promotion of Industry and Internal Trade (DPIIT) – Confederation of Indian Industry (CII) national conference on Ease of Doing Business held here. The portal attempts to provide...
Piyush Goyal launches CII`s `Ease of Doing Business`portal
Piyush Goyal launches CII`s `Ease of Doing Business`portal
Source: IANS
2024-11-29 09:07:35 am
Guidelines on India`s laptop import policy still being deliberated, trade minister says New guidelines on India's laptop import policy were still under deliberation, the trade minister said on Thursday. Reuters reported last month that India was set to limit imports of laptops, tablets and personal computers after January. "This is still under deliberation. It is being handled by the ministry of electronics and information technology," Trade Minister Piyush Goyal told reporters.
Guidelines on India`s laptop import policy still being deliberated, trade minister says
Guidelines on India`s laptop import policy still being deliberated, trade minister says
Source: Reuters
2024-11-28 01:46:49 pm
India, France must bolster partnership in renewable energy sector: Piyush Goyal India and France have a huge potential for partnerships in renewable energy with the International Solar Alliance (ISA) spearheaded by the two countries turning out to be “a runaway success,” Commerce & Industry Minister Piyush Goyal said on Wednesday.  Addressing the Asia Pacific Commission (APAC) 2024 Forum organised by the French Foreign Trade Advisors here, the minister said over 100 countries have taken membership of this alliance co-sponsored by India and France....
India, France must bolster partnership in renewable energy sector: Piyush Goyal
India, France must bolster partnership in renewable energy sector: Piyush Goyal
Source: IANS
2024-11-28 08:57:33 am
India, UK need to collaborate in AI, tele-medicine, agri tech: Piyush Goyal India and the UK have the potential to further collaborate in the fields like artificial intelligence (AI), tele-medicine, climate modelling and agri-tech to improve the lives of millions of people in both the countries, Union Commerce and Industry Minister, Piyush Goyal, said on Wednesday.  Addressing an event by the UK India Business Council (UKIBC) in the national capital, the minister highlighted range of areas where the bilateral partnership can drive not just economic growth and...
India, UK need to collaborate in AI, tele-medicine, agri tech: Piyush Goyal
India, UK need to collaborate in AI, tele-medicine, agri tech: Piyush Goyal
Source: IANS
2024-11-27 02:08:22 pm
NABL signs pact for on-site testing of materials in construction projects The National Accreditation Board for Testing and Calibration Laboratories (NABL) signed an MoU with the Confederation of Real Estate Developers' Associations of India (CREDAI) to enhance the quality and reliability of temporary site testing laboratories in civil engineering projects, the Commerce and Industry Ministry said on Tuesday.  “By implementing NABL’s recognition scheme, this collaboration seeks to ensure that materials used in construction are tested accuratel...
NABL signs pact for on-site testing of materials in construction projects
NABL signs pact for on-site testing of materials in construction projects
Source: IANS
2024-11-27 08:53:23 am
Real estate sector should adopt better construction techniques to combat pollution: Piyush Goyal The real estate sector should look at a greater formalisation that will help the industry grow faster along with adopting better construction techniques to combat pollution, Union Commerce and Industry Minister, Piyush Goyal, said on Monday.  Addressing the 25th Foundation Day of the Confederation of Real Estate Developers' Associations of India (CREDAI) here, the minister raised the issue of environmental pollution and urged the industry body to consider setting up a team to stud...
Real estate sector should adopt better construction techniques to combat pollution: Piyush Goyal
Real estate sector should adopt better construction techniques to combat pollution: Piyush Goyal
Source: IANS
2024-11-26 09:07:22 am
India best place in world to provide sustainable infra to digital world: Piyush Goyal Union Commerce and Industry Minister Piyush Goyal has said that India is the best place in the world to provide sustainable infrastructure to the digital world. Minister pointed out that it will be important to understand how in the future the digital world and sustainability issues will intersect. He said that major portion of energy will be consumed by systems that will churn out data and that will have an impact on sustainability issues, adding that there are very few places in the worl...
India best place in world to provide sustainable infra to digital world: Piyush Goyal
India best place in world to provide sustainable infra to digital world: Piyush Goyal
Source: Accord Fintech
2024-11-24 05:29:57 pm
Piyush Goyal urges India Inc to focus more on hi-tech sunrise sectors Commerce and Industry Minister Piyush Goyal on Friday urged the private sector to step up investments in high technology and sunrise sectors by leveraging the incentives offered under the government’s Rs 1 lakh crore fund to promote innovation.  Addressing the India Ideas Conclave here, the minister highlighted that research and innovation remain key pillars in India’s journey towards Viksit Bharat. “To encourage private sector participation in deep tech and sunri...
Piyush Goyal urges India Inc to focus more on hi-tech sunrise sectors
Piyush Goyal urges India Inc to focus more on hi-tech sunrise sectors
Source: IANS
2024-11-23 09:50:50 am
India is world`s best place for data centres: Piyush Goyal India is the best place in the world to provide sustainable infrastructure to the digital world as there are very few countries where there is an interconnected grid in the way that it has, Union Commerce and Industry Minister Piyush Goyal said on Thursday.   Addressing the UK-India Business Council "Technology Futures Conference" here, the minister said that by 2030 India would have a thousand-gigawatt grid connected through the length and breadth of the country with a heal...
India is world`s best place for data centres: Piyush Goyal
India is world`s best place for data centres: Piyush Goyal
Source: IANS
2024-11-22 09:13:24 am
Piyush Goyal urges industry to utilise Rs 1 lakh crore ANRF fund for fostering innovation Union Commerce and Industry Minister Piyush Goyal on Thursday urged the industry to utilise Rs 1 lakh crore Anusandhan National Research Foundation (ANRF) fund to foster innovation and create a research-based ecosystem in the country.   The talented youth should also be tuned to the mindset of experimenting and developing new ideas under this government initiative, Goyal said during his keynote address at the Federation of Indian Chambers of Commerce and Industry’s (FICCI) event...
Piyush Goyal urges industry to utilise Rs 1 lakh crore ANRF fund for fostering innovation
Piyush Goyal urges industry to utilise Rs 1 lakh crore ANRF fund for fostering innovation
Source: IANS
2024-11-21 04:29:10 pm
India aims for equity and balance when negotiating FTAs: Piyush Goyal India looks for equity, balance and fair trade when negotiating a Free Trade Agreement (FTA) with countries, the government said on Tuesday.  Speaking at the 27th CITIC CLSA India Forum here, Union Commerce and Industry Minister Piyush Goyal said India enters into FTAs with countries which are transparent, open and where governments’ economic systems align with India. Minister Goyal asserted that fulfilling basic amenities of citizens has been the government’s priority ...
India aims for equity and balance when negotiating FTAs: Piyush Goyal
India aims for equity and balance when negotiating FTAs: Piyush Goyal
Source: IANS
2024-11-19 06:14:47 pm
India`s economic growth needs more affordable interest rates, minister says  India's economic growth requires "far more affordable" bank interest rates, the finance minister said on Monday, adding New Delhi was committed to measures to ensure the economy remained on course. "At a time when we want industries to ramp up and build capacities, bank interest rates will have to be far more affordable," the minister, Nirmala Sitharaman, said at an event in Mumbai. Last week, the nation's trade minister said the Reserve Bank of India (...
India`s economic growth needs more affordable interest rates, minister says
India`s economic growth needs more affordable interest rates, minister says
Source: Reuters
2024-11-18 06:14:53 pm
India trade minister says central bank should cut rates, look through food prices India's central bank should cut interest rates to boost economic growth and look through food price while deciding on monetary policy, the trade minister said, the first time a government minister has backed calls to re-examine the nation's inflation targeting framework. "I certainly believe they (central bank) should cut interest rates. Growth needs a further impetus," Piyush Goyal told news channel CNBC TV18 at an event in Mumbai on Thursday, adding it's an "ab...
India trade minister says central bank should cut rates, look through food prices
India trade minister says central bank should cut rates, look through food prices
Source: Reuters
2024-11-14 01:50:04 pm
Collective effort needed to meet $2 trillion export target by 2030: Piyush Goyal Union Minister of Commerce and Industry Piyush Goyal has said that a $2 trillion export can only be achieved by collective efforts of all stakeholders. Goyal emphasized that this goal requires a strategic and collaborative effort, building on the momentum of India’s expected $800 billion in exports this year. He said ‘Let us partner to achieve the export target of $2 trillion by 2030. Given that we will cross $800 billion this year, we will need to really put in a lot of effort...
Collective effort needed to meet $2 trillion export target by 2030: Piyush Goyal
Collective effort needed to meet $2 trillion export target by 2030: Piyush Goyal
Source: Accord Fintech
2024-11-12 11:37:56 am
Piyush Goyal urges IIFT graduates to help nation reach $2 trillion trade goal  Union Commerce and Industry Minister Piyush Goyal on Monday exhorted graduates of the Indian Institute of Foreign Trade (IIFT) to stay informed about new trade agreements, and use these as avenues to create fresh business opportunities and access new markets.  In his virtual address during the 57th IIFT Convocation here, the minister noted that this knowledge would contribute to the ambitious target of a ‘Viksit Bharat,’ including the goal of reaching $2 trillion in ...
Piyush Goyal urges IIFT graduates to help nation reach $2 trillion trade goal
Piyush Goyal urges IIFT graduates to help nation reach $2 trillion trade goal
Source: IANS
2024-11-12 10:29:46 am
India`s growth story to take economy from $3.5 trillion now to $35 trillion in next 25 years: Piyush Goyal Expressing optimism over the country’s economic growth prospects, Union Commerce and Industry Minister Piyush Goyal has said India’s growth story will take the economy from $3.5 trillion now to $35 trillion in the next 25 years. He said ‘This 10-fold growth is due to India's strong economic fundamentals. We are the fastest-growing economy. Low inflation, strong foreign exchange reserves and a welcoming environment for the investors have brought twice the FDI to India in ...
India`s growth story to take economy from $3.5 trillion now to $35 trillion in next 25 years: Piyush Goyal
India`s growth story to take economy from $3.5 trillion now to $35 trillion in next 25 years: Piyush Goyal
Source: Accord Fintech
2024-11-11 12:04:56 pm
200 Indian women entrepreneurs set to raise Rs 850 cr from investors: Goldman Sachs At least 200 women entrepreneurs in India are poised to raise an estimated Rs 850 crore ($100 million) from investors, helping to expand businesses and create new jobs, Goldman Sachs announced on Friday.  According to Union Minister for Commerce and Industry Piyush Goyal, the ‘Goldman Sachs 10,000 Women’ initiative highlights the untapped potential in women. “I am confident that they will continue to break barriers and empower others. They are committed to investi...
200 Indian women entrepreneurs set to raise Rs 850 cr from investors: Goldman Sachs
200 Indian women entrepreneurs set to raise Rs 850 cr from investors: Goldman Sachs
Source: IANS
2024-11-08 11:59:54 am
Piyush Goyal urges global investors to seize emerging opportunities in India Union Commerce and Industry Minister Piyush Goyal has urged global investors to seize emerging opportunities in India, particularly in high-growth sectors such as artificial intelligence (AI), renewable energy, digital infrastructure and advanced manufacturing, it was announced on Friday. During his visit to the Kingdom of Saudi Arabia from October 29-30, Minister Goyal participated in the Plenary Session of the 8th Edition of Future Investment Initiative (FII), with representatives from g...
Piyush Goyal urges global investors to seize emerging opportunities in India
Piyush Goyal urges global investors to seize emerging opportunities in India
Source: IANS
2024-11-01 12:53:33 pm
India, Saudi discuss ways to enhance cooperation in fertilizers, petrochemicals, mining sectors In order to boost trade and investments, India and Saudi Arabia have discussed ways to enhance cooperation in areas of fertilizers, petrochemicals and mining during a meeting between Commerce and Industry Minister Piyush Goyal and Saudi Minister for Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef in Riyadh. India is the second largest trade partner for Saudi Arabia whereas Saudi Arabia is India's fourth largest trading partner. The bilateral trade between the two countries...
India, Saudi discuss ways to enhance cooperation in fertilizers, petrochemicals, mining sectors
India, Saudi discuss ways to enhance cooperation in fertilizers, petrochemicals, mining sectors
Source: Accord Fintech
2024-10-31 03:51:29 pm
Real Estate Industry Outlook Report by Dr. Manoranjan Sharma, Chief Economist, Infomerics Ratings Below the Quote on Real Estate Industry Outlook Report by Dr. Manoranjan Sharma, Chief Economist, Infomerics Ratings   Indian Perspective India’s GDP growth of 8.2 per cent in FY24, inflation numbers coming down to 3.65 per cent in August 2024, the Reserve Bank of India’s (RBI) upward revision of the FY25 GDP growth forecast at 7.2 per cent, and its effective monetary policy has balanced growth with price stability solidifying India’s status as one of the ...
Real Estate Industry Outlook Report by Dr. Manoranjan Sharma, Chief Economist, Infomerics Ratings
Real Estate Industry Outlook Report by Dr. Manoranjan Sharma, Chief Economist, Infomerics Ratings
Source: Infomerics Ratings
2024-10-30 04:58:30 pm
Piyush Goyal to visit Saudi Arabia, discuss ways to enhance energy biz In a bid to further enhance economic ties and participate in the ‘8th Future Investment Initiative’, Union Minister of Commerce and Industry, Piyush Goyal, is set to visit Saudi Arabia from October 29-30.  The minister will hold bilateral meetings with key Saudi ministers, including the Minister of Commerce, Minister of Industry and Mineral Resources, Minister of Investment and Minister of Energy, to discuss collaborative efforts in energy transition, digital transformatio...
Piyush Goyal to visit Saudi Arabia, discuss ways to enhance energy biz
Piyush Goyal to visit Saudi Arabia, discuss ways to enhance energy biz
Source: IANS
2024-10-28 05:03:38 pm
Centre amends QCO on bicycle retro-reflective devices for ease of doing biz To ensure the quality of ‘Make in India’ products and enable ease of doing business, the government on Saturday announced to amend the quality control order (QCO) pertaining to the bicycle retro-reflective devices.  With the QCO amendment, the Department for Promotion of Industry and Internal Trade (DPIIT) has exempted manufacturers for import of 200 bicycle reflectors for research and development of such goods and articles. It has also exempted import of bicycles refle...
Centre amends QCO on bicycle retro-reflective devices for ease of doing biz
Centre amends QCO on bicycle retro-reflective devices for ease of doing biz
Source: IANS
2024-10-26 02:43:12 pm
Germany, India look to boost ties on defence, green energy German Chancellor Olaf Scholz wants to deepen defence ties with New Delhi and bring the two countries' militaries closer, he said on Friday, after meeting Indian Prime Minister Narendra Modi. Germany has not traditionally had close defence ties with India, but is now pitching to join the latter's effort to wean its arms base from decades of dependence on Russia, at a time when the West seeks to counter China's growing influence. "Our overall message is clear, we need mo...
Germany, India look to boost ties on defence, green energy
Germany, India look to boost ties on defence, green energy
Source: Reuters
2024-10-25 03:26:04 pm
Time is ripe to join India`s growth story: PM Narendra Modi tells German biz delegation Prime Minister Narendra Modi on Friday said this is the right time to join India's growth story, as German Chancellor Olaf Scholz met the Prime Minister in the national capital with a business delegation.  Addressing the 18th Asia-Pacific Conference of German Business 2024, PM Modi said the time is ripe for foreign investors to participate in India's growth story, and join the 'Make in India' initiative and 'Make for the World'. "This is the right time ...
Time is ripe to join India`s growth story: PM Narendra Modi tells German biz delegation
Time is ripe to join India`s growth story: PM Narendra Modi tells German biz delegation
Source: IANS
2024-10-25 03:02:19 pm
India seeks critical mineral agreement with US, hopes for a trade pact, minister says India's trade minister on Saturday said the country has sought a critical mineral partnership agreement with the United States as he hopes for talks on a broader trade pact between the two nations. "I had suggested that critical mineral MoU (memorandum of understanding) to be converted to a critical mineral partnership and become a starting point to become an FTA (Free Trade Agreement)," Piyush Goyal told reporters at a press briefing in New Delhi. Earlier this month, Indi...
India seeks critical mineral agreement with US, hopes for a trade pact, minister says
India seeks critical mineral agreement with US, hopes for a trade pact, minister says
Source: Reuters
2024-10-20 01:47:36 pm
India`s green energy push to spur quality of life for the world: Piyush Goyal India’s foray into green hydrogen, green ammonia and greater storage sectors will holistically help in combating climate change and reduce the country's import bill on crude oil, lowering trade deficits and the need for forex, Union Minister of Commerce and Industry, Piyush Goyal, said on Friday.  Addressing the Society for Human Resource Management (SHRM) India annual conference and expo in the national capital, the minister said sustainability is an area where India has ch...
India`s green energy push to spur quality of life for the world: Piyush Goyal
India`s green energy push to spur quality of life for the world: Piyush Goyal
Source: IANS
2024-10-19 09:19:41 am
174 quality control orders covering 732 products introduced in last decade: Piyush Goyal Union Commerce and Industry Minister Piyush Goyal on Wednesday said there were only 14 quality control orders (QCOs) covering 106 products till 2014 and in the last 10 years, the government expanded it to 174 QCOs covering 732 products to boost quality in manufacturing.  Urging the industry to adopt good quality standards, the minister said quality can not only boost toy manufacturing but also boost exports. In the last 10 years or so, toy exports have reached $523.24 million, over...
174 quality control orders covering 732 products introduced in last decade: Piyush Goyal
174 quality control orders covering 732 products introduced in last decade: Piyush Goyal
Source: IANS
2024-10-16 04:25:40 pm
India to make digital connectivity affordable for emerging economies: Piyush Goyal India has a key role to play in making technology available in the Global South and in leading the world in fulfilling the Sustainable Development Goal (SDG) to make digital connectivity affordable across the globe, Union Commerce and Industry, Piyush Goyal, said on Tuesday.  Speaking at the inauguration of the International Telecommunication Union’s (ITU) World Telecommunication Standardisation Assembly (WTSA) 2024 and the eighth edition of ‘India Mobile Congress’ i...
India to make digital connectivity affordable for emerging economies: Piyush Goyal
India to make digital connectivity affordable for emerging economies: Piyush Goyal
Source: IANS
2024-10-16 09:40:34 am
European Union's deforestation regulation, carbon tax would impact Indian industries: Piyush Goyal Commerce and Industry Minister Piyush Goyal has said that the European Union's (EU) deforestation regulation and carbon tax are unfair and would impact Indian industries. He said the EU's safeguard measures on some steel products are irrational too. He noted that Indian industries are confronted with unfair rules of deforestation, rules around CBAM (Carbon Border Adjustment Mechanism) and various other measures. Major agriculture-exporting countries, including Brazil, India, Indonesia...
European Union's deforestation regulation, carbon tax would impact Indian industries: Piyush Goyal
European Union's deforestation regulation, carbon tax would impact Indian industries: Piyush Goyal
Source: Accord Fintech
2024-10-14 11:43:17 am
Significantly enhanced multimodal connectivity: PM Narendra Modi on 3 years of GatiShakti scheme On completion of the three years of the PM GatiShakti National Master Plan, Prime Minister Narendra Modi said on Sunday that the scheme has emerged as a transformative initiative aimed at revolutionising India's infrastructure.   In a post on social media platform X, PM Modi said that the scheme has also significantly enhanced multimodal connectivity, driving faster and more efficient development across sectors. "The seamless integration of various stakeholders has led to ...
Significantly enhanced multimodal connectivity: PM Narendra Modi on 3 years of GatiShakti scheme
Significantly enhanced multimodal connectivity: PM Narendra Modi on 3 years of GatiShakti scheme
Source: IANS
2024-10-13 05:11:06 pm
USISPF's 'India Leadership Summit 2024' to deepen economic, tech ties In a bid to enhance bilateral trade, supply chains, semiconductor investment, AI and next-gen technologies, the US-India Strategic Partnership Forum (USISPF) is set to host its annual 'India Leadership Summit 2024' in the national capital on Monday (October 14).   The summit follows on the heels of Prime Minister Narendra Modi's successful recent visit to the US for the Quad Leaders' Summit and the United Nations General Assembly (UNGA). The day-long summit also aim...
USISPF's 'India Leadership Summit 2024' to deepen economic, tech ties
USISPF's 'India Leadership Summit 2024' to deepen economic, tech ties
Source: IANS
2024-10-13 12:48:46 pm