November 25, 2025 3:06 PM

Piyush Goyal’s Israel Visit Bolsters Bilateral Economic Ties

Commerce and Industry Minister Piyush Goyal has concluded a productive three-day visit to Israel, holding a series of high-level engagements to strengthen the India–Israel strategic and economic partnership, an official statement said on Tuesday. The visit reaffirmed the two nations’ strong commitment to expand trade, enhance technology-driven cooperation, and deepen collaboration across sectors of shared strategic importance. Officials said the trip marks a significant step forward in the ...

September 4, 2025 4:02 PM

Piyush Goyal urges India Inc. to pass on entire GST rate cut to consumers

Union Commerce and Industry Minister Piyush Goyal on Thursday called on India Inc. to ensure that the full benefit of the recent GST rate cut is passed on to consumers, saying it would boost demand and drive economic growth. Speaking at the Bharat Nutraverse Expo 2025 in the capital, Goyal said the reduction in GST rates would provide an “unprecedented boost” to consumption demand. “The industry can now aspire for much greater volumes of sales, creating a win-win situation for all. Busine...

March 14, 2025 1:56 PM

India to cross $800 billion in exports this year, with major share from services: Piyush Goyal

India is on track to surpass $800 billion in exports this year, with a significant portion coming from services exports, Union Minister of Commerce and Industry Piyush Goyal has reiterated. Addressing the Export Promotion Councils (EPCs) and industry associations on Thursday, the minister assured that the government is working tirelessly and will leave no stone unturned to secure a promising future for Indian exporters, both in merchandise and services, while protecting national interests. Goy...

January 14, 2025 4:35 PM

Piyush Goyal launches National Turmeric Board to boost India’s ‘Golden Spice’ industry

In a move to enhance the production and export of turmeric, Union Minister for Commerce and Industry, Piyush Goyal, inaugurated the National Turmeric Board in New Delhi on Tuesday. Palle Ganga Reddy was appointed as the first Chairperson of the Board, which will be headquartered in Nizamabad, according to a press release from the Ministry of Commerce & Industry. The Board will focus on key areas such as research and development, value addition to turmeric products, and promoting aw...

November 21, 2024 5:07 PM

Piyush Goyal urges industry to harness Rs 1 lakh crore ANRF fund for innovation

Union Commerce and Industry Minister Piyush Goyal on Thursday encouraged businesses to utilize the Rs 1 lakh crore Anusandhan National Research Foundation (ANRF) fund to foster innovation and create a robust research-driven ecosystem in the country. Speaking at an event organised by Federation of Indian Chambers of Commerce and Industry’s (FICCI) event in the national capital, Goyal emphasized the need to cultivate a culture of experimentation and idea development among the youth under this i...