Govt not at a standstill due to polls, working to make India a $35 trillion economy by 2047: Piyush Goyal

New Delhi: The government is not at a “standstill” just because elections are coming up but is “super active” as it works on turning India into a developed, $35 trillion economy by 2047, commerce and industry minister Piyush Goyal said Friday. The theme of the upcoming general election is Viksit Bharat with a focus on … Read more

Govt to discuss market access with trade allies

New Delhi: India is drawing up a list of market access and non-tariff barriers(NTBs) hurting its goods and services exports and would take them up with the respective trade partners as it seeks to give a fillip to outbound shipments. The commerce department has begun the exercise with barriers such as registration requirements, higher pesticide … Read more

Rice exports impacted by problems in Red Sea: Commerce Minister Piyush Goyal

New Delhi: Commerce and Industry Minister Piyush Goyal on Thursday said rice exports have been impacted by the problems in the Red Sea, though a clear picture will emerge after the December exports data is known. The situation around the Bab-el-Mandeb Strait, a crucial shipping route connecting the Red Sea and the Mediterranean Sea to … Read more

new zealand: India, New Zealand discuss measures to cut trade barriers, promote investor-friendly environment

India and New Zealand have discussed measures to reduce trade barriers and promote a more investor-friendly environment to boost economic ties, an official statement said on Wednesday. The issues were discussed during the meeting of Commerce and Industry Minister Piyush Goyal and his counterpart from New Zealand Todd McClay on December 19. Both the ministers … Read more

Indian exports: Goods, services exports from India should touch $1 trillion each: Piyush Goyal

Commerce and industry minister Piyush Goyal said he wants both goods and services exports from India to touch $1 trillion each and the government is working on a specific plan of action where it will soon announce a deadline to achieve these targets. Addressing NRIs and chartered accountants on Sunday, Goyal said last year services … Read more