Friday, February 7

Tag: Piyush Goyal

India to take up fast-tracking visas for skilled workers, easier market access for mangoes & grapes with US
25Dec By adminNo Comments
Business

India to take up fast-tracking visas for skilled workers, easier market access for mangoes & grapes with US

India aims to secure easier market access for its mangoes and grapes, as well as fast-track visas for skilled workers during the upcoming India-US Trade Policy Forum (TPF), according to officials. Additionally, India's new system of authorization for the import of personal computers, laptops, and other IT hardware products will be discussed at TPF. According to an ET report, the TPF, to be held in New Delhi on January 13-14, will focus on various trade-related issues between the two countries. Commerce and industry minister Piyush Goyal and the US Trade Representative Ambassador Katherine Tai will co-chair the TPF.While India has assured the US that it does not plan to expand the use of the import management system beyond the listed IT hardware products, officials have indicated that the ...
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Union Minister Piyush Goyal Advises People To Be Cautious While Buying Ceiling Fans
25Nov By adminNo Comments
Business

Union Minister Piyush Goyal Advises People To Be Cautious While Buying Ceiling Fans

Curated By: Business DeskLast Updated: November 25, 2023, 16:39 ISTFrom February 2024, all ceiling fans are mandated to have the ISI mark.In the video posted by Piyush Goyal on X, it is said that no ceiling fan manufacturer would be allowed to sell or export their produce without the mandatory ISI mark. Ceiling fans are a common sight in every Indian household and even after the onset of winter the demand for purchasing ceiling fans is expected to surge in the coming months. For customers planning to buy ceiling fans after February 2024, Union Cabinet Minister Piyush Goyal has shared essential information. In a video posted on the social media platform, he advises consumers to check certain aspects before purchasing new fans next season.On Friday, November 24, 2023, the Minister of ...
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Issues to be resolved in coming weeks, says Piyush Goyal
17Nov By adminNo Comments
Business

Issues to be resolved in coming weeks, says Piyush Goyal

Trade Minister Piyush Goyal on Friday said India and the United Kingdom (UK) would be able to resolve the pending issues for a free-trade agreement (FTA) in the coming weeks, as the remaining issues were not insurmountable. “FTAs are crystal-gazing into the future. You have to really project how the agreement will play out in 20, 30, 50 years into the future. So they are drafted very carefully. One never rushes to do an FTA. One should do it with great care and consideration of different interests,” Goyal told news agency ANI.  He said both sides were looking at issues that are of a very sensitive nature as well as very important to each other. “We hope that in the coming weeks we will be able to come to some conclusion,” he said The minister said both...
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Elon Musk’s Tesla to enter India soon? All eyes on high-level meeting next week
8Nov By adminNo Comments
Business

Elon Musk’s Tesla to enter India soon? All eyes on high-level meeting next week

NEW DELHI: Commerce minister Piyush Goyal is all set to meet billionaire Elon Musk in the United States next week as the two sides look to advance Tesla's plan to enter the Indian market, Reuters reported quoting sources familiar with the plans.The meeting between Goyal and Musk will be the most high-profile one since the Tesla boss met Prime Minister Narendra Modi in June and later said he was keen to make significant investments in the country.Earlier, reports said that the Modi government is actively working to streamline approvals for Musk’s Tesla for the US maker's potential entry into India. It aims to have all necessary clearances in place by as early as January 2024.According to Reuters, the talks between the Musk and Goyal in US will centre around Tesla's plans to setup an Indian...
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Number of govt-recognised startups crosses 1 lakh mark: Piyush Goyal
23Sep By adminNo Comments
Business

Number of govt-recognised startups crosses 1 lakh mark: Piyush Goyal

NEW DELHI: The number of government-recognized startups has increased to over 1 lakh at present from 450 in 2016, commerce and industry minister Piyush Goyal said on Saturday.Addressing entrepreneurs here, he expressed confidence that by 2047, India's economy would experience exponential growth.Goyal underlined the government's commitment to improving the ease of doing business in India, making it easier to start and run businesses. !(function(f, b, e, v, n, t, s) { function loadFBEvents(isFBCampaignActive) { if (!isFBCampaignActive) { return; } (function(f, b, e, v, n, t, s) { if (f.fbq) return; n = f.fbq = function() { n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments); }; if (!f._fbq) f._fbq = n; ...
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India eyes bigger share of lab-grown diamond mkt
24Aug By adminNo Comments
Business

India eyes bigger share of lab-grown diamond mkt

JAIPUR: India is taking a shot at the global diamond trade with its lab-grown variety, whose exports were estimated at around $1.5 billion in 2022-23. Fuelling its expectations is US Federal Trade Commission (FTC) recognising it as 'cultured', instead of artificial or synthetic. On the eve of the G20 ministerial meeting here, commerce and industry minister Piyush Goyal said lab-grown diamonds are made through natural elements and the recognition by US FTC will further enhance their acceptance globally and benefit Indian entities. "It is a huge thumbs up for the Indian industry." The government had sought to provide an impetus to lab-grown diamonds in this year's budget and provided for a grant of Rs 242 crore to IIT-Madras to establish an India Centre for Lab-Grown Diamond. These diamonds...
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India Offered Lowest Inflation in 9 Years, High CPI Figures Short-term ‘Hiccup’, Says Piyush Goyal
20Aug By adminNo Comments
Business

India Offered Lowest Inflation in 9 Years, High CPI Figures Short-term ‘Hiccup’, Says Piyush Goyal

Commerce minister Piyush Goyal delivers the keynote speech at Moneycontrol's Indian Family Business Awards 2022, on Saturday. (Image: Moneycontrol/video grab)Highlighting progress under the Narendra Modi-led government, commerce minister Piyush Goyal said the country was enjoying fruits of its young demographic dividend with average population aged under 30Commerce minister Piyush Goyal on Saturday said India offered the lowest inflation rates in nearly a decade, calling the high consumer price index inflation figures for July a short-term “hiccup". Highlighting the country’s progress in the last nine years under the Narendra Modi-led central government, he said the country was enjoying the fruits of its young demographic dividend with an average population aged under 30. Speaking at Mone...
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IFBA 2022: HCL’s Roshni Nadar Malhotra ‘Emerging Women Business Leader’, Lifetime Achievement Award to Sun Pharma’s Dilip Shanghvi
19Aug By adminNo Comments
Business

IFBA 2022: HCL’s Roshni Nadar Malhotra ‘Emerging Women Business Leader’, Lifetime Achievement Award to Sun Pharma’s Dilip Shanghvi

Sun Pharmaceuticals founder Dilip Shanghvi receives the 'Lifetime Achievement' award from commerce minister Piyush Goyal at the IFBA 2022 on Saturday. (Image: Moneycontrol) Commerce minister Piyush Goyal felicitated the winners of the Indian Family Business Awards 2022 and highlighted India's rapid progress under the Narendra Modi-led government in the last nine yearsCommerce minister Piyush Goyal on Saturday felicitated the winners of Moneycontrol’s Indian Family Business Awards 2022, where HCL Technologies chairperson Roshni Nadar Malhotra won the ‘Emerging Women Business Leader’ award and Sun Pharmaceuticals founder Dilip Shanghvi accepted the ‘Lifetime Achievement’ award in an emotional speech.Goyal, in his keynote address, highlighted India’s progress in the last nine years under the...
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Hopeful of finalising certain FTAs in next few months: Piyush Goyal
29Jul By adminNo Comments
Business

Hopeful of finalising certain FTAs in next few months: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Saturday said he is hopeful of India finalising certain free trade agreements (FTAs) in the next few months, which would help promote exports. India is in the final stages of concluding FTA negotiations with the UK. The country is also negotiating similar pacts with Canada and European Union (EU). "We can leverage the free trade agreements with the UAE and Australia and we are hopeful that in the next few months, we will finalise many more free trade agreements to help you grow your business with zero duty on finished leather products and footwear available for you to exploit bigger and better markets," Goyal said while addressing footwear industry representatives here. The minister also asked the industry to focus...
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Hopeful of finalising certain FTAs in next few months: Piyush Goyal
29Jul By adminNo Comments
Business

Hopeful of finalising certain FTAs in next few months: Piyush Goyal

NEW DELHI: Commerce and Industry Minister Piyush Goyal on Saturday said he is hopeful of India finalising certain free trade agreements (FTAs) in the next few months, which would help promote exports.India is in the final stages of concluding FTA negotiations with the UK. The country is also negotiating similar pacts with Canada and European Union (EU)."We can leverage the free trade agreements with the UAE and Australia and we are hopeful that in the next few months, we will finalise many more free trade agreements to help you grow your business with zero duty on finished leather products and footwear available for you to exploit bigger and better markets," Goyal said while addressing footwear industry representatives here.The minister also asked the industry to focus on quality and sust...
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