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Union Commerce Minister Piyush Goyal delivered a sharp critique of India’s startup ecosystem, highlighting its heavy focus on food delivery, betting, and fantasy sports apps, while contrasting it with China’s advancements in electric vehicles (EVs), battery technology, semiconductors, and artificial intelligence (AI).
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On March 19, CEO Deepinder Goyal announced that Zomato has brought a new service ‘Pure Veg Mode’ to serve its pure veg customers.Others debated that it was "casteist and criminal".
BJP’s second list of 72 candidates announed: Four Union Ministers Nitin Gadkari, Anurag Thakur, Piyush Goyal, and Pralhad Joshi are on the second list.
This article is a summary of important events that have taken place in last one week affecting, India's national security . China has announced a significant 7.2% increase in its defence budget, surpassing $230 billion.
As a diplomatic crisis struck between India and Thailand, Bangkok replaced its Ambassador to the World Trade Organization (WTO), Pimchanok Vonkorpon Pitfield, after New Delhi protested against her remarks on New Delhi's rice procurement programme.
With the third meeting between Union Ministers and the farmer leaders being held on Thursday, the meeting ended in a stalemate, with no breakthrough. However, the next round of the talks will take place on Sunday.
Just like this year, the last interim budget was tabled in 2019 by then Finance Minister Piyush Goyal. One of the key announcements that year was concessions in direct taxes.
The Reserve Bank of India (RBI) believes that the Indian economy is resilient, and is expecting robust macroeconomic growth going ahead, RBI Monetary Policy Committee (MPC) external member Ashima Goyal tells Piyush Shukla in an interview. The regulator, however, is also mindful of the risks associated with growth, including global slowdown, geopolitical tensions, and erratic weather.
Union Minister for Commerce & Industry, Textiles, Consumer Affairs, Food & Public Distribution, Piyush Goyal said that the India-EU FTA negotiation is progressing well while addressing the media after the 1st India-EU Trade & Technology Council (TTC) meeting in Brussels, Belgium.
Union minister Piyush Goyal on Sunday said the world is now looking up to India and its industries. This is the right time for entrepreneurs and industry players to grasp the opportunity and grow exports. Entrepreneurial abilities in the country with innovation, new ideas, and new ways of marketing and branding products can unleash the true potential of the country, the Commerce and Industry Minister said while addressing the 49th India Gem and Jewellery Awards.
India is expected to overtake Japan as the third-largest economy in the world by 2027, according to Union Minister Piyush Goyal, who recently spoke to the Indian diaspora community in France. India’s economy, which is currently the fifth-largest, has been expanding at an average annual pace of about 7% during the past ten years due to factors including a burgeoning middle class and a focus on innovation and entrepreneurship.
Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles Shri Piyush Goyal mentioned that there is a huge delta of opportunities in India during his address at the India – France Business Summit and CEOs Roundtable yesterday in Paris, France. “We are one the largest consumers of goods and services.
Going big on the textile industry and its Make in India effort, the Indian government has planned to set up seven mega textile parks under PM Mega Integrated Textile Regions and Apparel (PM MITRA) scheme.
The country’s goods exports touched $447 billion at the last count for 2022-23 fiscal as against $422 billion in 2021-22, Union Commerce and Industry Minister Piyush Goyal said on Tuesday. The final export and import data for 2022-23 would be released by the middle of April.
HAL removed picture of Bhagwan Hanuman from the tail of the HLFT-42 aircraft model displayed at the Aero India 2023 airshow. A picture of Bhagwan Hanuman with the caption- 'The Strom is Coming'.
Norway's Minister for Trade and Industry, Jan Christian Vestre arrived in New Delhi on Friday to contribute to India's green transition. He is eyeing the enormous possibilities for Norwegian green business in India.
The free trade agreement (FTA) between India and the UK is anticipated to be finalized this year, but the British trade minister in charge of the negotiations has stated that it won't include any increase in the number of free movement visa offers for Indians.
Prime Minister Narendra Modi, Union Home Minister Amit Shah, and National Security Adviser Ajit Doval will address the annual meet that is also expected to discuss, border management and maritime security.
The Modi government and the Biden administration are "thinking big" in terms of their trade and commerce relationship, Union Commerce and Industry Minister Piyush Goyal said on Wednesday as he ruled out the previously talked about mini trade deal or a free trade agreement and noted that revoking of GSP is not a priority for New Delhi.
Final round of the two-day 18th Joint Working Group (JWG) meeting on security and border management between India and Bangladesh has started in the Ministry of Home Affairs. To implement Coordinated Border Management Plan (CBMP) in letter and its spirit for effective guarding of the Indo-Bangladesh border is also among the issues.
India and the Gulf Cooperation Council (GCC) are expected to launch negotiations for a free trade agreement on November 24 with an aim to boost economic ties between the two regions, an official said.
Piyush Goyal has said that the UK and India are working toward the Diwali deadline for the India-UK free trade agreement (FTA). The Union Commerce Minister mentioned Queen Elizabeth II's demise and said "as we are expanding our engagements, the UK is at a cusp". In August, the fifth round of FTA negotiations between the two nations came to a close.
Union Minister of Commerce and Industry, Piyush Goyal visited BAPS Swaminarayan Temple on Sept 11, in Los Angeles. The Minister, who is presently visiting USA since the past 7 days, said that BAPS Swaminarayan temple was doing great service to the society all over the world.
Strategic relationships will drive engagement in the economic future: being an “ally, a trusted friend or a partner” will become increasingly important in driving investment from one country to another; and India’s participation in the Indo-Pacific Economic Framework (IPEF) will help increase comfort levels for companies when they decide on their investments, commerce, and industries minister Piyush Goyal has said.
On Thursday, Commerce and Industry Minister Piyush Goyal held a bilateral meeting with US Trade Representative Katherine Tai and discussed ways to boost trade and investment ties.
India won’t hammer out a free trade agreement (FTA) with Israel until it gets a good deal, as the pact has to be “reciprocally beneficial”, commerce and industry minister Piyush Goyal said, indicating that Israel has to sweeten its market access offer for any such FTA to be a reality.
PM Modi arrived at Goyal's residence in a traditional outfit and performed aarti. After prayers, he greeted other attendees who were present at the venue.
He said the Centre wrote several letters and spoke with the state government but it did not dispense them. "They have taken away the rights of the poor. Without naming chief minister KCR, he said abusing PM Modi or the Centre will not help, distribution of free food grains will help the people of Telangana.
He further stated that the party's crystal in its being and there's nothing to hide."Whoever comes we give info, there is nothing to hide. If KCR wants we can give the resolution to him but taking the resolution is wrong from an ongoing meeting.
India will emerge as a $30-trillion economy in the next 30 years, commerce and industry minister Piyush Goyal said on Sunday, highlighting that the country remains the world’s fastest-growing major economy.
Union Textile Minister Piyush Goyal said that the sector provides direct employment to 6 lakh people and indirect employment to 4 lakh people, therefore, collectively providing employment to 10 lakh people. He said that in 1985, Tiruppur was exporting Rs 15 Cr worth of textile products.
Commerce and industry minister Piyush Goyal on Wednesday asserted that the special and differential treatment (S&DT) granted to developing nations in all agreements of the World Trade Organization (WTO) are non-negotiable, and should be preserved.
Goyal held an interactive session with seafood exporters and traditional fishermen at Marine Products Export Development Authority, and said the govt will empower fishermen to expand fishing activity
Union Minister of Commerce and Industry, Piyush Goyal will also be visiting UK on May 26 - May 27 to hold discussions with UK govt and businesses on the progress made in FTA negotiations and the way forward.
In India, bamboo is mostly used in manufacturing of Agarbatti wherein, a maximum of 16 pc is used for manufacturing of bamboo sticks while the remaining 84 pc of bamboo is a complete waste.
India has added 14 unicorns so far in 2022 and the value of all its unicorns—100 in total— stands at $332.7 billion, the commerce and industry ministry said on Friday.
Commerce and Industry Minister Piyush Goyal on Friday said India will be able to conclude a free trade agreement (FTA) with the European Union by next year. Speaking at an event organised by the IMC Chamber of Commerce, Goyal said the country has already sealed pacts with the UAE and Australia, and is in negotiations with other countries or blocs including the EU, UK, Canada and Gulf Cooperation Council (GCC).
Union Commerce Minister Piyush Goyal on Wednesday (April 6) paid a visit to the University of Melbourne as part of his three-day visit to Australia. He was accompanied by Australia's Trade Minister Dan Tehan and Allan Myers, Chancellor, University of Melbourne, at the Melbourne Law School in The University of Melbourne. "The University of Australia, particularly welcomes the terms of agreements that focus on students, education and research," said University of Melbourne Provost, Professor Nicola Phillips.
Commerce and Industry Minister Piyush Goyal has said that India and Australia should look at boosting the bilateral trade to USD 100 billion by 2030 from the current level of around USD 27.5 billion.
Australia is on the brink of finalizing a free-trade agreement with India with an announcement possible in “coming days,” as the government works to strike a deal less than two months before an expected May election. Australian Trade Minister Dan Tehan said that he and his Indian counterpart Piyush Goyal were meeting daily and “getting very close” to reaching a deal. Tehan said he was hopeful that there could be an announcement soon.
As India’s merchandise exports hit a record $400 billion for the first time, achieving the target nine days ahead of schedule, Piyush Goyal, India’s commerce minister is now busy planning for the country’s manufacturing and services sector to clock in a record $1 trillion in exports in ten years.
Many on social media had labelled the 10-minute food service as unnecessary and potentially dangerous for delivery partner
Goyal said that they had an engaging discussion on ways to further deepen India-Australia economic and trade ties
Let India be home to one million start-ups, 1000 unicorns in four years. Extend tax incentives, holidays; slash patents, trademark fees further
As India registered the highest number of Unicorns in 2021, Union Commerce and Industry Minister Piyush Goyal has set a new target for Indian Industry and entrepreneurs.
The revived forum will help in expanding bilateral trade that has never lived up to its potential. It will help in deepening bilateral trade by establishing regular contact of resolving obstacles.
Minister of Commerce, Piyush Goyal said, India is poised to achieve services export target of $1 trillion by 2030
Investors can invest in building industrial parks, IT towers, medical colleges, super speciality hospitals and other sectors in Jammu and Kashmir
Appreciating the efforts taken by the government of Himachal Pradesh, Union Minister of Commerce & Industry, Consumer affairs Food and Public Distribution and textiles, Piyush Goyal lauded the state for its achievements in becoming first State of the Country in providing cent-percent first dose of Covid-19 vaccination to the eligible population besides ensuring food safety to the targeted groups.
More than 200 cadres of this group along with 83 weapons joined the peace process, the Ministry of Home Affairs said in a statement.
