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Piyush Goyal

Piyush Goyal is a senior Bharatiya Janata Party (BJP) leader and the Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles in the Narendra Modi-led BJP government at the Centre. A Leader of the Rajya Sabha, he has been representing Maharashtra in the Rajya Sabha since 2010. He earlier served as Minister of Railways between 2017 and 2021. In the previous term of the BJP government, Goyal had also donned the hat of the finance minister twice in 2018 and 2019, standing in for then Finance Minister Arun Jaitley during phases of the latter’s ailment. Goyal presented the Interim Budget for 2019-20, ahead of the Lok Sabha elections. During his 35-year long political career, he held several other portfolios -- Minister of Coal (2014-19), Minister of State (I/C) for Power, New and Renewable Energy (2014-17), and Mines (2016-17). He has been the National Treasurer of the BJP. Goyal was an all-India second rank holder Chartered Accountant (CA) and second rank holder in Law in Mumbai University. Before joining politics, he worked as an investment banker and advised top corporates on management strategy and growth. He also served on the board of India’s largest commercial bank, the State Bank of India and Bank of Baroda as Government nominee. More

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  • 70% of global GDP, two-thirds of global trade now open to India: Piyush Goyal

    Goyal stated that India today engages with developed economies with confidence, safeguarding sensitive sectors while securing gains in areas of competitive strength

  • 'IT will power AI's future': Piyush Goyal dismisses market, investors fears

    Addressing a gathering at the GEC event in Mumbai, Goyal said recent market unease over the IT sector does not reflect the sector’s long-term prospects.

  • Piyush Goyal says IT firms well prepared for AI shift, recommends tech stocks

    Speaking at the launch of NITI Aayog’s Frontier Tech Hub roadmap on India’s Technology Services in New Delhi, Goyal said companies should not take a “depressed outlook” on the future.

  • 'Certain pulses' to attract reduced tariffs under India-US deal: US fact sheet

    Under the new agreement, India will eliminate or reduce tariffs on all U.S. industrial goods and a wide range of U.S. food and agricultural products, including dried distillers’ grains (DDGs), red sorghum, tree nuts, fresh and processed fruit, certain pulses, soybean oil, wine and spirits, and additional products.

  • 'US would’ve won if only tariffs were ...': Piyush Goyal's hilarious cricket dig at Sergio Gor | Watch

    India, on February 7, opened their ICC Men’s T20 World Cup 2026 campaign with a 29-run win over the U.S. at Wankhede, restricting them to 132 for eight while chasing 162.

  • Buying US crude, LNG in India’s strategic interest as oil sources diversify: Piyush Goyal

    India and the United States recently announced a framework for an Interim Trade Agreement on reciprocal and mutually beneficial trade, reaffirming their commitment to a broader Bilateral Trade Agreement (BTA) that was launched by US President Donald Trump and Prime Minister Narendra Modi

  • No difficulty for India to purchase $500 billion in US goods over next five years: Piyush Goyal

    Piyush Goyal said India is already importing between $45–50 billion worth of goods from the US annually, largely in areas where domestic production is limited.

  • PM Modi and President Trump are 'Man of the Match' of India-US trade deal: Piyush Goyal to News18-India

    Goyal asserted that there has been no compromise on farmers' welfare and that he has presented complete information transparently before the nation.

  • Quota-based duty concessions on apples from US; farmers fully protected: Piyush Goyal

    India has imposed a minimum import price (MIP) of Rs 80 per kg and an import duty of 25 per cent on apples from the US under the proposed India-US trade pact, which is expected to be signed by mid-March.

  • American wines, motorcycles, medical devices gain from India-US interim trade pact

    Under the framework, India will eliminate or cut tariffs on all US industrial goods and a broad basket of American agricultural products, including dried distillers’ grains (DDGs), red sorghum for animal feed, tree nuts, fresh and processed fruits, soybean oil, wine and spirits and additional items.

  • Section 232 carve-outs could ease tariffs on about $5 billion of Indian exports to US

    In 2024, more than $8 billion worth of Indian exports were subject to Section 232 tariffs, which range between 25% and 50% depending on product categories. Nearly $4 billion of this exposure came from automobiles and auto components

  • Harley-Davidson motorcycles to enter India duty-free under interim US agreement

    India-US Trade Deal: Under the interim agreement, India will reduce duties on high-end American cars, but no tariff concessions have been extended to electric vehicles.

  • Reduced tariffs, preferential access, $30 trillion market: India, US unveil interim trade pact | Key highlights

    Piyush Goyal said the interim framework would open up a $30 trillion market for Indian exporters, particularly benefiting MSMEs, farmers and fishermen.

  • India-US interim trade deal: What ministers said on exports, jobs and farmer safeguards

    Under the framework, the U.S. will apply a reciprocal tariff rate of 18 percent on Indian-origin goods, including textiles and apparel, leather and footwear, plastic and rubber products, organic chemicals, home décor, artisanal products and certain machinery.

  • Both sides to move ahead safeguarding its interests: Piyush Goyal on India-US trade deal

    Addressing concerns over the pact, Goyal emphasised that farmers’ interests remain fully protected and sensitive sectors will not be diluted.

  • 'Rahul Gandhi hates India's progress, trying to mislead nation on India-US trade deal': Piyush Goyal

    Referring to opposition protests inside Parliament, Commerce Minister Piyush Goyal said he had wanted to present the government’s position in the House but was compelled to speak outside due to disruptions.

  • Piyush Goyal on why he spoke on India-US trade deal outside Parliament: 'Everyone saw what Opposition did'

    Goyal said he had intended to place his views before lawmakers but was prevented from doing so after what he described as repeated interruptions and disrespect to the Chair.

  • India’s trade face in Washington: How Piyush Goyal emerged as key negotiator and delivered the US deal

    Throughout the negotiations with the United States, Piyush Goyal’s messaging remained consistent. India was open to deeper trade integration but would not accept terms that harmed farmers, MSMEs, or domestic manufacturing.

  • India may achieve USD 2 trillion exports target by 2032: Piyush Goyal

    "So we are persevering towards a two trillion dollar export target. May not necessarily happen by 2030, but I'm very confident if we add the COVID lost years, we'll be able to achieve that target," Goyal said.

  • With 'mother of all deals' in bag, Piyush Goyal says mother will be compassionate, fair to all 28 children

    The India-European Union free trade agreement (FTA) is widely termed as the "mother of all deals".

  • India, Gulf bloc mull next steps on FTA; Canada talks to speed up, Chile deal nearly done

    The GCC is a regional grouping of six Middle Eastern countries comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.

  • India-EU FTA announced: When FTA may actually come into effect

    The deal is set to provide a $75 billion boost to Indian exports with preferential access in the European markets for 99 percent of goods

  • India, EU hope to operationalise free trade agreement by 2026-end, says Piyush Goyal

    India and the EU first launched negotiations for a free trade agreement in 2007

  • India, EU crucial FTA talks on January 8-9 in Brussels; Piyush Goyal to meet Maros Sefcovic

    Commerce and Industry Minister Piyush Goyal will hold discussions with European Union Commissioner for Trade and Economic Security Maros Sefcovic during a two-day official visit.

  • Amid India-New Zealand FTA, Piyush Goyal drops big signal on India-US trade pact

    The New Zealand pact marks India's third free trade agreement with the Five Eyes countries, after Australia and the UK.

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