




Goyal highlighted opportunities for collaboration in critical minerals, clean and nuclear energy, emerging technologies, and supply-chain diversification, underscoring the strong complementarity between the two nations.
Goyal also said he spoke with Israel's finance minister, who expressed satisfaction that the bilateral investment treaty had been completed
The second quarter GDP, which is yet to be released, will also grow around 7 percent, Goyal said during an event
Goyal says “good news” on an India–US trade deal will come once the agreement is fair and balanced, saying ties remain strong and strategic despite differing paces across issues.
Piyush Goyal also said the ministry is looking at ways and means to promote excess capacities in these zones for use in the domestic market in India.
Goyal also pointed out that rating agencies often exaggerate minor disruptions or policy changes, creating unnecessary panic, adding that several strong and fundamentally sound companies end up suffering due to such reactions, which fail to take into account India’s broader economic context.
During the meeting, the Ministers reviewed the progress made under the CECA negotiations and discussed pathways to elevate bilateral trade and economic partnerships.
Talks are going on very well. There are many sensitive issues, many serious issues, so naturally, it takes some time,” Minister Piyush Goyal
Commerce and Industry Minister Piyush Goyal said that more than 50 percent of the chapters of the free trade agreement (FTA) between India and the European Union (EU) were agreed upon by both sides. Besides, Goyal and his team will head to Queenstown for the fourth round of India-New Zealand trade talks.
Trade talks with the United States, which has imposed 50% tariffs on Indian exports, and several other countries are underway
Last month, Piyush Goyal also led an official delegation to New York for trade talks.
At the conference, the FM said that the government is witnessing clear signs of improving consumption trends following the rollout of GST 2.0. She added that the Centre is monitoring the prices of 54 items to assess the extent of pass through of prices. These, however, don’t include insurance items.
Goyal said the goal of becoming a developed nation by 2047 is “only a medium-term target” and not a goal in itself
Goyal reiterated India’s strategic approach of integrating with global economies while ensuring that domestic industries remain competitive.
Speaking to business delegates in Mumbai, British PM Keir Starmer said he wants the India-UK free trade agreement (FTA) implemented “as soon as humanly possible."
Piyush Goyal, Peter Kyle reaffirmed their shared ambition to double bilateral trade by 2030, leveraging the complementarities between the two economies in areas such as advanced manufacturing, digital trade, clean energy, and services.
The minister said that Indian businesses should seriously consider such guaranteed financing for partnering with Qataris, business persons in third countries.
Goyal said that every possibility exists, but with the US government currently in shutdown mode, it remains to be seen how, where, and when the next round of talks can take place.
India is exploring an FTA with Qatar to secure alternative export markets and cushion its exporters from rising tariff pressures in the US.
While the EU is seeking greater market access in automobiles and agriculture products, India wants relaxations in the carbon tax on imports of steel, aluminium, cement and fertiliser which kicks in from January