Petrol, diesel prices: Centre bearing huge burden through excise duty cut, says Piyush Goyal
Mumbai, May 15 (IANS) Union Minister Piyush Goyal on Friday said the central government has taken a significant financial burden on itself by reducing excise duty on fuel and continuing heavy subsidies on fertilisers to protect farmers and consumers from rising global prices. Speaking to IANS on the sidelines of an event here, Goyal said […]
Maha govt cuts VAT on ATF; Piyush Goyal urges Congress-ruled states to follow
Mumbai, May 15 (IANS) The Maharashtra government announced a significant reduction in the Value Added Tax on Aviation Turbine Fuel, effective from May 15 and applicable until November 14, 2026. The state Finance Department issued a notification lowering the tax rate to 7 per cent, down from the previous 18 per cent. This 11-percentage-point cut […]
Piyush Goyal meets german leaders to advance India-EU trade partnership
New Delhi, May 14 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday held a productive discussion with senior leaders and policymakers from Germany on strengthening India-Germany economic cooperation and advancing the India-EU trade partnership. “The discussions focused on strengthening the business environment, enhancing investment flows, and deepening collaboration across key sectors including textiles, pharmaceuticals, […]
India’s leather sector eyes $50 bn target by 2030 amid New Zealand FTA
New Delhi, April 26 (IANS) The FTA with New Zealand is expected to give a big push to India’s leather industry, which expects to grow to $50 billion by 2030, driven by a strategic shift from mass production to high-value-added manufacturing, the Ministry of Commerce and Industry said on Sunday. On the eve of the […]
India, S. Korea discuss resuming CEPA upgrade talks, boosting cooperation in green energy: Piyush Goyal
New Delhi, April 20 (IANS) India and South Korea have discussed ways to resume and revamp negotiations for upgrading their Comprehensive Economic Partnership Agreement (CEPA), while also exploring deeper cooperation in industrial sectors, green energy and digital trade, Union Commerce Minister Piyush Goyal said on Monday. Sharing details of his meeting with South Korea’s Trade […]
Govt to roll out new measures to support exporters amid West Asia conflict: Piyush Goyal
New Delhi, April 2 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday said the government is preparing a fresh set of measures to help Indian exporters navigate disruptions in global trade caused by the ongoing conflict in West Asia. He indicated that several decisions are currently under consideration across ministries and are likely to […]
India-EU to further deepen bilateral economic, trade partnership: Piyush Goyal
New Delhi, March 29 (IANS) Commerce and Industry Minister Piyush Goyal met Maros Sefcovic, European Commissioner for Trade and Economic Security, on the sidelines of the 14th Ministerial Conference (MC14) of the World Trade Organisation (WTO) in Cameroon, and reviewed progress on the India-EU free trade agreement (FTA). Both the leaders deliberated on key priorities […]
Education as a service can contribute to India’s export earnings: Piyush Goyal
New Delhi, March 6 (IANS) Union Minister of Commerce and Industry Piyush Goyal on Friday said that education-as-a-service has the potential to contribute to India’s export earnings and help take high-quality Indian education to the rest of the world. Addressing the Vice Chancellors’ Conference on the theme “Reimagining Internationalisation of Higher Education for a Developed […]
Govt collaborating with shipping sector to free up stranded cargoes: Piyush Goyal
New Delhi, March 6 (IANS) Union Commerce Minister Piyush Goyal on Friday said that talks are on with the Shipping Ministry and shipping companies to free up cargoes stranded due to the conflict in West Asia. The government will look at ways to ease exporters’ burdens, including high insurance and shipment costs. “Every day, the […]
India now has market access to 70 pc of global GDP at mostly zero duty: Piyush Goyal
New Delhi, Feb 12 (IANS) India now has market access to 70 per cent of global GDP, in most cases at zero duty for domestic products, Union Commerce and Industry Minister Piyush Goyal said on Thursday. Speaking at an event here, Goyal said that nine Free Trade Agreements (FTAs) have been concluded in the last […]
