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NEW DELHI: In a significant development for the country’s seafood industry, the European Union (EU) has listed 102 new Indian fishery units for export from India to EU member countries. The move comes amid the backdrop of stiff tariffs imposed by the US, which is expected to hurt the country’s shrimp exports and lead to…
File photo: Union minister Piyush Goyal Union minister of commerce and industry Piyush Goyal on Monday said India is poised to become one of the world’s top three economies in the next two to two-and-a-half years, underlining the country’s rapid transformation in recent years.As per news agency ANI, Goyal was speaking at the Platinum Jubilee…
NEW DELHI: Commerce and industry minister Piyush Goyal on Friday said any potential losses from GST rate rationalisation were accounted for and higher consumption would offset such losses.“With such a big reduction in the tax rate, imagine how much the market will increase and due to that increase, the tax will also increase,” he said….
File photo: Union minister Piyush Goyal (Picture credit: ANI) Union commerce and industry minister Piyush Goyal has assured that the reduction in Goods and Services Tax (GST) rates will directly benefit the common man, with industries across sectors committing to pass on the gains.Speaking to news agency ANI, Goyal said, “We have received assurance from…
NEW DELHI: Commerce and industry minister Piyush Goyal Thursday said that the reduction in GST will boost demand and also help neutralise the adverse impact of US tariffs on Indian goods.“It will create greater demand in the domestic market and will offset the impact of US tariffs. We are also working with 50 countries on…
NEW DELHI: Commerce and industry minister Piyush Goyal on Wednesday assured exporters to support them in dealing with steep tariffs imposed by the US, an official said. He also reaffirmed govt’s commitment to safeguarding the interests of Indian exporters, amid the evolving global trade scenario.He assured industry representatives that govt is actively engaged in creating…
India on its part has drawn its red lines on the trade deal, refusing to open its agricultural and dairy sectors. Commerce and industry minister Piysuh Goyal on Tuesday said that India and the US are negotiating a trade deal. The comments assume significance at a time when US President Donald Trump has imposed 50%…
NEW DELHI: Amid trade uncertainty, govt has heightened its engagement with countries – from the UAE to Qatar, South Africa and Australia – as it seeks to push Indian goods into markets other than the US.Commerce and industry minister Piyush Goyal met his counterparts from South Africa and Qatar last week, countries with which India…
Union commerce minister Piyush Goyal said Indian businesses are in a “cosy comfort zone” created by the vast 1.4 billion-strong domestic market and need to actively explore opportunities abroad.Speaking at an industry event in Mumbai, Goyal said companies should not get carried away by any “negative narrative”, emphasising that the economy grew 7.8% in June….
Piyush Goyal at Bharat Buildcore curtain raiser Union commerce and industry Minister Piyush Goyal on Friday said India would not compromise its self-respect in trade negotiations. His comments come at a time when India has been hit by 50% US tariffs and trade deal negotiations between the countries have hit a stalemate.“If any country wants…
