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    • 'AI big opportunity, going to increase jobs,' says Commerce min Piyush Goyal

      "I have told my office, every person at decision-making levels, has to have the latest version of AI, ChatGPT or whatever else is available, on their phones or their laptops," said Piyush Goyal.

    • 'AI big opportunity; going to increase jobs,' says Commerce min Piyush Goyal

      "I have told my office, every person at decision-making levels, has to have the latest version of AI, ChatGPT or whatever else is available, on their phones or their laptops," Piyush Goyal said.

    • Incentives worth Rs 21,534 crore disbursed till March under PLI schemes for 12 sectors

      The government has committed around Rs 1.97 lakh crore for various PLI schemes for a period of five years starting 2021-22 to help bring scale and size in key sectors.

    • India's auto components industry comfortable with FTA concessions, says Piyush Goyal

      The commerce minister warned the automobile industry from depending heavily on imports, especially on countries that indulge in non-transparent economic practices.

    • EU keen on balanced FTA involving India's edge in services, says commerce secretary

      Separately, the Union Minister of Commerce and Industry Piyush Goyal on December 12 highlighted the need for political directions to arrive at a commercially meaningful FTA between India and EU while understanding the sensitivities of each other.

    • Goyal pulls up industry for apathy towards govt's efforts to promote make-in-India

      Piyush Goyal further pointed out the low levels of participation from the industry to help improve policies around Ease of Doing Business (EODB) and National Single-window System (NSWS). The minister also asked industry to step up on ideas to help reduce the compliance burden of businesses.

    • Will find a solution around domestic tax to equate with EU's CBAM: Piyush Goyal

      Stating that the Europeans have 'shot themselves in the foot with CBAM', he said, "They may soon realise that and drop CBAM as this is ill-conceived and does not address entire issue correctly and fairly"

    • Service export industry should explore new markets: Commerce Minister Piyush Goyal

      Service export industry needs to be more ambitious and explore the global market, said Minister of Commerce & Industry Piyush Goyal.

    • India to refer to the Apple playbook in negotiations with Tesla: Source

      At a meeting between Tesla executives and commerce minister Piyush Goyal likely as early as this month, India’s focus will be on whether investment proposals by the car maker support manufacturing in the country.

    • Commerce Minister Piyush Goyal, US Trade Representative Katherine Tai to hold virtual meet on June 15

      The meeting comes ahead of Prime Minister Narendra Modi's official State Visit to the US next week at the invitation of President Joe Biden.

    • India needs 108 mn ton of foodgrains a year to be distributed to the poor: Piyush Goyal

      Goyal said 80 crore people were already getting food security with foodgrains (of) about 5 kg per person or 35 kg for the very poor Antyodaya families and under the Prime Minister Garib Kalyan Yojana, the quota was doubled with an additional 5 kg.

    • 'Not Just Decade, This Is India's Century,' Says Commerce and Industry Minister Piyush Goyal In The US

      Union Commerce and Industry Minister Piyush Goyal while highlighting India's growth story at the Stanford Graduate School of Business in San Francisco, United States, said, "this is not just India's decade, it's India's century." The union minister said that by 2050, India will be a $30 trillion economy and spoke about how the country is making rapid progress in many areas. He added that 40% of the world's digital transactions are happening in India. Watch this video for excerpts from Piyush Goyal's speech.

    • FTA between India and UK could be ready by Diwali, says Commerce Minister Piyush Goyal

      During a curtain raiser event on Thursday evening for the annual UK-India Week by India Global Forum (IGF) scheduled from June 27, Goyal pointed to the FTAs concluded at speed with the UAE and Australia as a sign of things to come.

    • China in communications with Australia over trade disputes: Commerce Minister

      China's commerce minister Zhong Shan said the two countries are in communication when asked about Australia's request to discuss beef and barley trade issues, amid escalating tensions over the COVID-19 pandemic.

    • India, Latin American nations have huge potential to boost trade ties: Commerce Ministry

      Quoting Commere and Industry Minister Suresh Prabhu who addressed diplomats of the Latin America and Caribbean (LAC) Strategic Economic Cooperation here Wednesday, it said there is a need for a multi-pronged strategy to enhance bilateral trade in merchandise and services.

    • Japan indicates making further investments in India: Commerce Minister

      Issues to promote trade and investments were discussed during the meeting of Commerce and Industry Minister Suresh Prabhu and Japanese Minister of Economy, Trade & Industry Seko Hiroshige in Singapore.

    • Commerce Minister Suresh Prabhu to seek investments from Australian pension funds

      India provides abundant opportunities for Australian funds in various sectors such as energy, transportation, housing, water, waste management, airports, ports, railways and other infrastructure-related segments.

    • Suresh Prabhu assures national policy for retail trade: CAIT

      In a meeting held between Prabhu & a CAIT delegation led by its Secretary General Praveen Khandelwal, the industry body lodged its strong complaint against e-commerce platforms for indulging in deep discounting and loss funding, thereby violating FDI Policy 2016 of the Centre, it said.

    • Find early solution to food stocks issue: Nirmala Sitharaman to WTO chief

      The issue was raised by the minister during her meeting with WTO Director General Roberto Azevedo at Geneva.

    • Government talking with US administration on H1-B visa, says Nirmala Sitharaman

      The Commerce and the Foreign secretaries went to the US and had initial talks. The 2018 H1-B visa details have been issued and there is no change in US position and the numbers remain largely the same, Sitharaman said.

    • Nirmala to launch TIES scheme for export infra today

    • ChemChina says Syngenta deal filing accepted by Beijing

      Earlier Gao Hucheng, who retired as commerce minister less than two weeks ago, said the government had not received a formal filing for China's largest overseas acquisition.

    • Reduced payment time to sellers by 40%: Snapdeal

      E-commerce firm Snapdeal today claimed that it has reduced its seller payment cycle by 40 percent, offering the fastest remittance schedule in the country.

    • BJP will get clear majority in UP polls: Nirmala Sitharaman

      Voting is on today for the fifth phase of polling in Uttar Pradesh's 51 assembly constituencies covering 11 districts.

    • Lower tax rates possible when all pays dues: Goyal

      The government can lower tax rates if people pay their dues sincerely, Union Power Minister Piyush Goyal said today.

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