Union Minister of Commerce & Industry, Piyush Goyal, addressed the media after signing of the India-EFTA Trade & Economic Partnership Agreement (TEPA) in New Delhi. File | Photo Credit: ANI The free trade agreement between India and the four European nations bloc (EFTA) has come into force, Commerce and Industry Minister Piyush Goyal said on … Read more
PGIM India Asset Management has announced its integration with the Open Network for Digital Commerce (ONDC), in partnership with Cybrilla Technologies Pvt Ltd. This strategic move marks PGIM’s commitment to expanding access to mutual fund investments across India by leveraging ONDC’s decentralized digital infrastructure and Cybrilla’s robust backend platform, according to a press release by … Read more
India’s BigBasket is planning to go public in the next 18 to 24 months, its CEO said, as the Tata Group-backed grocery giant seeks to tap surging demand for quick online deliveries of everything from fruits to Apple iPhones. The company is on track to double its business year-on-year by March 2026 and expand to … Read more
Palanivel Thiaga Rajan, Minister for Information Technology, speaking at the 58th annual regional meet of the Indo-German Chamber of Commerce in Chennai on Friday. Michaela Kuchler, Consul General of the Federal Republic of Germany in Chennai, is present. | Photo Credit: VELANKANNI RAJ B The Indo-German Chamber of Commerce (IGCC) on Friday hosted its 58th … Read more
Gold softened on Friday as the dollar and Treasury yields firmed after U.S. inflation data matched expectations, but the bullion is set for weekly and monthly gains as a September interest rate cut by the U.S. Federal Reserve remains in play. Spot gold was down 0.2% at $2,515.99 per ounce, as of 9:52 a.m. ET … Read more
India and New Zealand have discussed measures to reduce trade barriers and promote a more investor-friendly environment to boost economic ties, an official statement said on Wednesday. The issues were discussed during the meeting of Commerce and Industry Minister Piyush Goyal and his counterpart from New Zealand Todd McClay on December 19. Both the ministers … Read more
The basket of India‘s services sector exports has the capacity to expand “dramatically”, contributing in a big way to the Centre’s USD 2-trillion target for shipments by 2030, former Union minister Suresh Prabhu said here on Friday. Prabhu, a former commerce and industry minister, said the nature, spectrum and volume of services exports will change … Read more
Even as many developed nations are witnessing inflation, agencies such as International Monetary Fund have branded India as a Bright Spot, says the Union Minister Even as many developed nations are witnessing inflation, agencies such as International Monetary Fund have branded India as a Bright Spot, says the Union Minister Union Minister of Commerce and Industry Piyush Goyal on … Read more
By Soham Chokshi The most important lesson from quick commerce is that we can get goods available at our disposal when we need them the most. Then why not apply the same model to essential services? If this materialises, it could be of immense value to human lives. Moreover, media reports state that almost 30 … Read more
The Federation of Indian Export Organisations (FIEO) has suggested the commerce ministry to set up a committee to evaluate the country’s import trends and encourage domestic production of such products to reduce the widening trade deficit. The issue was raised by FIEO Chairman A Sakthivel during a meeting, chaired by Commerce and Industry Minister Piyush … Read more