India and Australia to Sign an Interim Deal for Thirty Days

The commerce and industry minister Piyush Goyal said on Friday that India and Australia were aiming to hammer out an “early-harvest” trade deal in the next 30 days and a broader free trade agreement (FTA) would be clinched 12 months after the interim pact was operationalized,

India and UAE Conclude Trade Pack

On Friday, the Minister of Commerce and Industry of India, Piyush Goyal met with the representatives from the industry of aluminum, chemicals, copper, and petrochemicals in New Delhi to negotiate a free trade pact between India and the UAE for a third round.

According to a statement rel...

INDIA'S COMMERCE MINISTER LASHES OUT AT US-BASED E-COMMERCE COMPANIES

Highlights

• Goyal said on Saturday that “A number of these large e-commerce companies have come into India and very blatantly flouted the laws of the land in more ways than one.”

Union Minister Piyush Goyal is accusing US-based e-commerce companies like Amazo...

US, INDIA AGREE TO FURTHER ECONOMIC COOPERATION THROUGH MUTUAL DIALOGUE

Highlights

• The two top level officials had a very productive discussion and the Indian minister congratulated Katherine Tai on her appointment as USTR

• The two sides discussed several issues and agreed to strengthen the India-US trade and investment relationship s...

INDIAN GOVERNMENT WANTS AUTO INDUSTRY TO REDUCE IMPORTS AND INCREASE EXPORTS

HIGHLIGHTS

• Citing examples of existing auto hubs, Indian Minister Piyush Goyal wants Auto Industry to reduce imports and increase imports.
• Piyush Goyal wants to boost Indian industry's domestic capabilities and expand the global economic engagemen...

APPLE COMMENCES PRODUCTION OF IPHONE 11 IN CHENNAI

Highlights

• Apple has previously manufactured its devices like iPhone XR and iPhone SE 2016 in India

• Commerce Minister Piyush Goyal said this is a significant boost to the Make in India initiative started by the Government of India

• Foxconn had pre...

HOPE FOR INDIAN PROFESSIONALS IN THE US: US AGREES TO DISCUSS THE SOCIAL SECURITY TAX ISSUE WITH INDIA

Highlights: 

Indian professionals working in the US who earn and leave their social security without withdrawing it culminates to about 

• $1 billion every year  
• The issue was never tabled and discussed until now when the US has shown a po...

MAHARASHTRA: 15 MIGRANT WORKERS MOWED DOWN BY GOODS TRAIN NEAR AURANGABAD

Fifteen migrant workers lost their lives while one got injured after being run over by a goods train near Aurangabad in the state of Maharashtra on Friday. 
According to the Indian Railways about 20 migrant workers were sleeping on the railway tracks and 14 of them lost their lives an...

A boost of 30 billion dollars

 According to the latest news and the results by the economic times the commerce and industry minister of India known as Piyush Goyal who recorded certain statements and discussions with exporters of seafood and these discussions with a intention of trading were held to promote the shipments...

Indian economy faces challenges post RCEP issue

Last week, Narendra Modi cut off India's participation in what was believed to be the world's largest trade deal, the Regional Comprehensive Economic Partnership or RCEP. At a Bangkok summit where 16 nations were to approve the deal, Modi withdrew with typical theatricality, declaring, &q...

Sweden to collaborate with Goyal.

Commerce and business Minister Piyush Goyal has highlighted the potential of the Indo-Swedish partnership below the note of Understanding in innovation, energy, healthcare, defense, property Urban Development, and railways.

The Commerce and business Minister conjointly planned the putti...

India to soon expect the visit of United States trade representative

According to latest reports, Robert Lighthizer, the trade representative of United States is to visit India within the next two weeks since both parties are working on resolving the issue related to the bilateral trade. Sources allege, a limited trade deal forms the main focus of his visit.