NEW DELHI: Union commerce and industry minister Piyush Goyal on Thursday said he was confident of growth being back on track by the end of the fiscal year, overcoming global uncertainties.“We had elections in the first quarter and during the polls, obviously policy making and decisions on next steps of growth or infrastructure spending does…
MUMBAI/ NEW DELHI: India’s concerns over a surge in silver imports from UAE after implementation of a bilateral trade agreement is expected to be taken up during a joint meeting next week.“We have a joint trade committee which works on these issues. Next week they have a meeting in the UAE and that will be…
NEW DELHI: The commerce department has stepped in to work out a long-term solution to the credit woes of exporters, especially the smaller players, who are complaining of lack of access to finance with banks and RBI remaining mere spectator.Among the options being discussed is a credit guarantee fund for export finance, modelled on the…
NEW DELHI: India has ranked 39th out of 133 economies in the Global Innovation Index (GII) 2024, according to a report by the Geneva-based World Intellectual Property Organization. This marks an improvement from last year, when the country was ranked 40th.“India rises to 39th position among 133 global economies in the Global Innovation Index 2024,”…
Ten years after PM Narendra Modi announced the ‘Make in India‘ initiative, commerce and industry minister Piyush Goyal says India has made tremendous progress in manufacturing and is poised to increase the share of the sector in overall GDP. In an interview with TOI over the phone from Australia, Goyal says there is massive interest…
MUMBAI: In an attempt to boost exports, govt has extended incentives such as tax refunds and drawback to shipments made via courier with immediate effect, while also launching two key digital platforms.There are also plans to extend these benefits to postal route exports, creating a more equitable environment for e-commerce exporters utilising the courier and…
NEW DELHI: Senior BJP leaders seized upon veteran Congress functionary Sushil Kumar Shinde‘s remark that he was trembling with fear while visiting Lal Chowk in Srinagar as home minister under UPA-2.Union minister Piyush Goyal and former I&B minister Anurag Thakur cited Shinde’s remark at the launch of his memoirs on Monday as symbolising the fear…
NEW DELHI: In a bid to create plug-and-play infrastructure for industry to set up factories, the cabinet committee on economic affairs Wednesday cleared 12 new industrial cities with an investment of Rs 28,600 crore, with the largest one, spread over 6,000 acre, to come up near Dighi port in poll-bound Maharashtra. At least three of…
Elon Musk-led Tesla‘s potential investment in India has generated significant interest, but the current status remains uncertain. The Indian government has introduced a policy that encourages foreign investment in the automotive sector. This policy allows companies to import and market their vehicles in India before establishing a manufacturing facility, provided they commit to setting up…
NEW DELHI: Commerce and industry minister Piyush Goyal‘s allegations of violation of rules by e-commerce companies, such as Amazon, have raised expectations of government finally moving ahead with a new set of regulations for e-commerce, along with a policy, as well as e-pharmacies.A day after his comments at an event organised by Pehle India Foundation,…
