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May 24, 2023 12:54 PM IST India's forex kitty jumped USD 3.553 billion to USD 599.529 billion for the week ended May 12, according to the Reserve Bank of India.
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May 17, 2023 07:03 AM IST Addressing the media on Tuesday after the first India-EU Trade and Technology Council meeting in Brussels, he also said India has to keep its customs duties high on many products at times to compete with certain geographies which are "very non-transparent" and the developed countries face the "unintended consequence of the high tariffs".
- May 16, 2023 07:48 PM IST
The TTC was launched by Prime Minister Narendra Modi and the President of the European Commission, Ursula von der Leyen, during her visit to India in April last year.
- May 16, 2023 02:28 PM IST
S Jaishankar arrived in Brussels on May 15 evening for the last leg of his three-nation tour covering Bangladesh, Sweden and Belgium.
- May 04, 2023 01:26 PM IST
In February, in one of the largest aircraft orders by an airline, Air India announced it will buy 470 narrow-body and wide-body planes from Airbus and Boeing, with the total deal value estimated to be worth USD 80 billion (over Rs 6.40 lakh crore).
- May 04, 2023 09:29 AM IST
Standards for Unmanned Aerial Vehicles (UAV) -- drones for agricultural purposes are developed and now work is on for UAV to be used for general requirements, and testing requirements of sub-systems and cybersecurity.
- May 03, 2023 12:12 PM IST
Addressing a national seminar on maize to ethanol, Goyal said ethanol is a "sunrise sector" and asked the industry to set up factories for manufacturing of this green fuel which can operate on dual feed stock (sugarcane and food grains).
- April 26, 2023 10:41 PM IST
He said that a certain section thinks that India is hesitant to negotiate these new issues in a free trade agreement with its trading partners.
- April 25, 2023 08:43 PM IST
He also said that often consumers purchasing goods on the e-market place platform to avail benefits of flash sales are diverted to entities preferred or promoted by the online retailer, which is a cheating and against the foreign direct investment rules.
- April 26, 2023 07:16 AM IST
ONDC aims to increase the penetration of e-commerce to 25 percent, from about 4-5 percent currently, in the next two years by reaching 900 million buyers and having 1.2 million sellers likely having a gross merchandise value (GMV) of $48 billion.
- April 26, 2023 07:02 AM IST
Specific app for ONDC important to create a clear narrative in consumer's mind, says PhonePe executive
- April 23, 2023 10:12 PM IST
Entrepreneurial abilities in the country with innovation, new ideas, new ways of marketing and branding products can unleash the true potential of the country, the Commerce and Industry Minister said.
- April 22, 2023 10:48 PM IST
Goyal said that reduction in Indian yarn export is a good sign for the country as this will provide more opportunities to Indian startups through value addition within the country.
- April 14, 2023 11:26 AM IST
Piyush Goyal said that Italy and France have offered unstinted support for the early conclusion of negotiations for the India-EU trade agreement.
- April 14, 2023 10:42 AM IST
Piyush Goyal said that the electronics industry works like this as first they put a basic set up and then they keep sourcing different components to add into their ecosystem.
- April 13, 2023 05:04 PM IST
Last year, the RBI and finance ministry asked the top management of banks and representatives of trade bodies to push export and import transactions in the rupee.
- April 13, 2023 04:28 PM IST
He said that some people mix up mobility and immigration but they are two separate subjects. Mobility is about expanding trade, business, providing temporary visas for people who visit a country either for work or for studies, he said.
- April 13, 2023 03:36 PM IST
He said that the procurement of wheat has started and the numbers for the first week of buying are ”very” satisfactory.
- April 09, 2023 06:26 PM IST
The minister will be on an official visit to France (Paris) and Italy (Rome) on April 11-13. He will be accompanied by a delegation of top Indian CEOs.
- April 04, 2023 03:25 PM IST
The final export and import data for 2022-23 would be released by the mid of April.
- March 31, 2023 11:39 PM IST
Confederation of Indian Textile Industry (CITI) chairman T Rajkumar said India was expected to breach USD 760 billion exports with the new foreign trade policy.
- March 31, 2023 08:16 PM IST
The Foreign Trade Policy 2023 was unveiled by Commerce and Industry Minister Piysh Goyal on Friday. It will come into effect from April 1, 2023.
- March 30, 2023 04:50 PM IST
Talks are ”going on very well” with the UK, Goyal said, adding, ”trade stands on its own legs”.
- March 30, 2023 03:36 PM IST
Goyal also said talks with the UK over a Free Trade Agreement were going on "very well". Many other countries, he added, were keen on signing trade pacts with India.
- March 29, 2023 09:33 PM IST
Piyush Goyal and S Jaishankar were present at News18's Rising India Summit 2023 on Wednesday.
