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The Latest Breaking News from Piyush Goyal

India's exports under free trade pacts grew faster than imports in April-July: Piyush Goyal

Exports under free trade agreements are now growing faster than imports. Outbound shipments to FTA partner countries expanded by 23.9 percent to USD 57.2 billion. The trade deficit with FTA partners narrowed from USD 34.2 billion to USD 32.6 billion. Overall merchandise exports for the four-month period reached USD 173.8…

The Economic Times · Sep 10

India to work with BRICS partners to expand opportunities for women-led enterprises in global trade: Piyush Goyal

Piyush Goyal urged BRICS nations to boost women entrepreneurs in global trade. India shared its success in financial inclusion and collateral-free loans for women. The minister highlighted efforts to increase female workforce participation significantly. BRICS countries agreed to explore a common platform for international trade. This initiative aims to integrate…

The Economic Times · Sep 10

Piyush Goyal joins viral ChatGPT 80s photo trend with a retro AI-generated picture: "vibing to the 80s trend"

A captivating social media phenomenon has emerged, allowing users to dive into a retro aesthetic by transforming their selfies into nostalgic portraits inspired by the 1980s. This trend has attracted various political figures in India, including Union Minister Piyush Goyal, who enthusiastically shared his 80s-inspired image. Participants can fully embrace…

The Economic Times · Sep 9

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Bharat Health Expo expected to be four times bigger in 2027, participation to rise six-fold: Piyush Goyal

The Bharat Health Global Expo is expected to grow substantially. Its next edition will be four times larger than the current one. Participation is also projected to increase sixfold for the upcoming event. This expansion will foster India's growing healthcare ecosystem. The expo aims to connect various healthcare value chain…

The Economic Times · Sep 7

India targets $1 trillion exports this year, urges auto sector to go global: Piyush Goyal

India aims for one trillion dollars in exports this year, seeking automotive industry growth. The government encourages companies to increase local production and pursue international markets. Automakers must reduce import dependence and strengthen domestic supply chains for critical components. New trade agreements and global partnerships will help expand the industry's…

The Economic Times · Sep 3

'From Vishwaguru to visa-office receptionist': Oppn takes dig at Piyush Goyal over US envoy remark

Opposition leaders criticized Union minister Piyush Goyal following remarks by the US Ambassador. The envoy suggested reaching out to Goyal if he could not be contacted directly. Congress and TMC leaders called the situation shameful and a fall from grace. They questioned the state of the Indian economy and the…

The Economic Times · Sep 3

India’s GDP grows 7.8% in Q1 FY26; Piyush Goyal hails growth, targets Opposition

India's economy experienced a robust growth of 7.8 percent in the first quarter of FY 25-26, a point underscored by Union Minister Piyush Goyal. He noted the growing international demand for Indian skills and the uptick in infrastructure investments, designed to improve trade and connectivity. The ambition remains strong as…

The Economic Times · Sep 3

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India wants tariff edge before signing final US trade deal: Piyush Goyal

India awaits US tariff advantage for trade deal finalization. The agreement was announced on February 3, 2026, reducing US tariffs on Indian goods. New Delhi seeks a clear tariff edge over competing manufacturing economies. India has protected its agriculture and dairy sectors under the agreement. Sectors like MSMEs and textiles…

The Economic Times · Sep 3

India’s ‘real feel GDP’ growing only at 2-3%; Shankar Sharma joins the debate

Stock market veteran Shankar Sharma has questioned India’s headline GDP growth, arguing that the economy’s “Real Feel” growth is only 2-3%. Despite 7.8% GDP growth in Q1 FY27, he pointed to worsening quality of life and chaotic urban conditions, contrasting India’s experience with Europe’s stronger lived prosperity.

The Economic Times · Sep 3

‘We politicians, ministers and MPs do not manufacture these figures’: Goyal hits back at critics over 7.8% Q1 GDP growth

In response to challenges regarding India’s 7.8 percent GDP growth, Commerce Minister Piyush Goyal passionately argued against the claims made by opposition figures and a past finance secretary. He underscored India's stability in the face of global economic turmoil, pointing to high job prospects within the textile sector. Goyal condemned…

The Economic Times · Sep 2

India in talks with multiple countries to develop critical minerals for domestic needs: Piyush Goyal

India is actively seeking partnerships with nations like the US for critical mineral development. The country is also engaged in dialogues to build more resilient global supply chains. India's economy continues its strong growth trajectory, remaining the fastest among major economies. Nine trade agreements have secured access to markets with…

The Economic Times · Sep 2

US-India partnership can help reshape global auto supply chains, says Sergio Gor

The United States views India as a vital partner for global automotive supply chains. This relationship now extends beyond component trade to technology and investment. Both nations are co-designing the future of mobility together, enhancing sophistication. American and Indian industries will adapt and diversify sourcing during disruptions. India's capital and…

The Economic Times · Sep 2

India is the world's best location to set up data centres: Piyush Goyal

In a pivotal meeting with data centre industry players, Commerce Minister Piyush Goyal focused on facilitating business operations. He underscored India's immense potential for data centres and the substantial investments pouring in. Amid global challenges, Goyal praised India's economic growth, firmly responding to criticism of GDP statistics by highlighting the…

The Economic Times · Sep 1

Commerce ministry discusses India-US trade performance with exporters, their issues on market access

The commerce ministry of India is actively soliciting feedback from exporters about challenges in accessing the US market. Minister Piyush Goyal's upcoming trip to the US centers around critical discussions on alleviating tariff-related uncertainties and advancing trade deals. Exporters are experiencing a drop in order volumes, indicating a pressing need…

The Economic Times · Sep 1

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The Economic Times · Aug 30

Commerce ministry meeting industry, exporters on India-US trade on September 1

India's Commerce Ministry will meet industry leaders on September 1 regarding trade performance. This meeting precedes Minister Piyush Goyal's US visit for G-20 talks. Discussions will focus on recent trade trends and sector-wise performance. Negotiations for a bilateral trade agreement are ongoing between the two nations. India seeks a comparative…

The Economic Times · Aug 29

Apparel exporters urge commerce minister Piyush Goyal to regulate cotton yarn exports

Apparel exporters requested government intervention to regulate cotton yarn exports. Rising yarn prices are significantly hurting the industry's global competitiveness. Limited stock and increased demand from countries like Bangladesh and Vietnam contribute. Higher manufacturing costs affect opportunities in new free trade agreement markets. Value addition through finished garments offers greater…

The Economic Times · Aug 29

India wants global factories, but its own quality checks may be putting investors off: GTRI

Concerns have surfaced among Japanese enterprises regarding India's compulsory BIS certification rules. A newly released study proposes a significant revamp of the QCO framework. The existing regulations are leading to considerable delays and inflated compliance costs for manufacturers, adversely impacting smaller businesses in India and disrupting supply chains. Experts recommend…

The Economic Times · Aug 28

India sends its Fab 4 across the world to woo trade, tech, energy and capital

India engages key partners, focusing on border management and energy security. Discussions with China now include investment alongside boundary talks. Russia talks address energy supplies and a widening trade imbalance. Japan and Canada visits seek investment and manufacturing partnerships. These engagements align with India's upcoming hosting of the BRICS summit.

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The Economic Times · Aug 27

India to seek greater Japan market access for basmati rice in CEPA review:Piyush Goyal

India will seek greater market access for basmati rice in Japan. The nation also plans to expand processed food exports during trade agreement talks. Japan restricts rice imports, which India aims to address through discussions. Indian exporters must meet Japan's quality and safety standards for processed foods. The country is…

The Economic Times · Aug 27

Tremendous scope to improve processes, procedures to help faster flow of FDI, says Piyush Goyal

India is streamlining foreign direct investment processes and norms. The government seeks industry ideas to improve the investment regime further. Discussions are ongoing regarding trade pacts with several countries and blocs. Efforts focus on promoting end-to-end manufacturing and self-reliance in key sectors. Production-linked incentives will be considered for sectors facing…

The Economic Times · Aug 27

Piyush Goyal concludes Japan visit, says strong interest by Japanese businesses for India, robotics investment deal takes shape

Union Commerce and Industry Minister Piyush Goyal on Thursday concluded his four-day visit to Japan, saying the trip generated strong interest among Japanese businesses and also produced early investment outcomes, including a potential robotics manufacturing investment in India.

The Economic Times · Aug 27

India-EU ties stronger than ever, FTA breakthrough driven by realism, pragmatism: EU Ambassador

India-EU relations are stronger than ever due to increased strategic understanding and comfort. The India-EU Free Trade Agreement negotiations progressed with realism and pragmatism from both sides. The Carbon Border Adjustment Mechanism aims to prevent carbon leakage and incentivize lower emissions. Both India and the EU seek to de-risk supply…

The Economic Times · Aug 26

Japanese textile firms, including Uniqlo, eye higher investment, sourcing from India: Goyal

Japanese textile firms, including Uniqlo, are considering expanding their investments in India. They also plan to source more products from India for their global markets. Minister Piyush Goyal met with Uniqlo's CEO to discuss retail and manufacturing collaborations. Indian businesses are showing interest in meeting Japan's high-quality material and sizing…

The Economic Times · Aug 26

Japan already invested 14 percent of 10 trillion yen India investment target: Piyush Goyal

Japanese firms have invested Rs 1 lakh crore towards a 10 trillion yen investment target. This pace suggests the full investment may occur within the next few years. India aims to double Japanese companies operating here to three thousand. Proposals include a Deep Tech Capital Corridor and innovation bridges. Manufacturing…

The Economic Times · Aug 26

Hoping to work towards further expanding scope of India-Japan trade pact: Piyush Goyal

India and Japan are actively reassessing their trade agreement, with the goal of broadening its reach. Both countries are looking to create fresh avenues for enhancing their bilateral ties. Ongoing talks aim to modernize the deal, addressing specific challenges faced by Indian exporters in Japan while simultaneously bolstering their strategic…

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