Piyush Goyal

Commerce Minister Piyush Goyal To Visit UK For Free Trade Agreement Negotiations

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[ad_1] New Delhi: Commerce and Industry Minister Piyush Goyal is scheduled to visit the UK on July 10-11 to take stock of the negotiations for a free trade agreement (FTA) to promote economic ties between the two countries, an official statement said on Sunday. The Minister’s visit will be focused on the ongoing FTA negotiations … Read more

Have To Look At Long-Term Good Of Indian Consumer…: Piyush Goyal On Predatory Pricing

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[ad_1] Piyush Goyal said dumping of goods at ‘very’ low prices kills domestic manufacturing. New Delhi: Commerce and Industry Minister Piyush Goyal today said the government is not concerned about flash sales on online platforms but is against predatory pricing and other cheating methods used by e-retailers to restrict consumer choices. He also said that … Read more

India’s export rises 14% to record 770 billion in FY23 – Times of India

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[ad_1] ROME: Buoyed by the services sector, India’s exports rose 14% to a record $770 billion during the last financial year, while imports jumped to a new high of $892 billion, amid a slowdown in goods demand due to the global headwinds.Latest data showed that goods exports went up just under 6% to $447 billion, … Read more

Rupee Trade Arrangement To Help Reduce Transactions Cost: Commerce Minister

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[ad_1] Several banks have opened vostro accounts to facilitate overseas trade in the rupee. (File) Rome: International trade in the domestic currency will help reduce transaction cost for the industry, and several countries are in discussion with the RBI on this, Commerce and Industry Minister Piyush Goyal said today. Last year, the RBI and finance … Read more

‘Interest in India remains very high’ – Times of India

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[ad_1] Commerce & industry minister Piyush Goyal spent the day meeting French businesses and key government officials, including French minister Oliver Becht. Excerpts from a conversation: The IMF has lowered its growth projection for India. In your interactions do you sense companies are slowing down investment plans, given the issues in the US & Europe?What … Read more

India-France Business Summit To Be Held In Paris On Tuesday

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[ad_1] Minister Piyush Goyal will lead the Indian delegation. (File) New Delhi: Union Minister of Commerce and Industry Piyush Goyal will lead the Indian delegation at India-France Business Summit, commemorating 25 years of India-France friendship, on Tuesday in Paris. Mr Goyal and Olivier Becht, France’s Minister delegate of Foreign Trade, Attractiveness and French Nationals Abroad … Read more

Govt Raises Onion Buffer Stock Target For 2023-24 To 3 Lakh Tonne

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[ad_1] New Delhi: The central government will maintain 3 lakh tonne onion in the 2023-24 season as buffer stock, Union food minister Piyush Goyal informed Parliament On Wednesday.In 2022-23, the government maintained 2.51 lakh tonne onion as buffer stock.The buffer stock is maintained to meet any exigencies and for price stabilisation, if rates go up significantly … Read more

e-Market procurements surpass Rs 2 lakh crore – Times of India

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[ad_1] MUMBAI: The procurement of goods and services through Government e-Marketplace (GeM) has surpassed Rs 2 lakh crore in the financial year 2022-2023 with commerce and industry minister Piyush Goyal estimating savings of account around Rs 39,000 crore through the use of Amazon-like platform for public procurement.Goyal said the government is conducting price checks to … Read more