Who is Piyush Goyal

During the meeting, Goyal also emphasised the 'need to address long-pending issues as a confidence-building measure'

He also urged the logistics industry to work on following sustainable and green practices to cut carbon footprint in the sector

Both sides agreed to explore a balanced, equitable, ambitious and mutually beneficial FTA, it added

The proposal gained broad support at a meeting chaired by commerce minister Piyush Goyal on Tuesday after small industries dropped initial opposition once they received assurances

The minister was replying to a question whether the 5.4 per cent GDP growth in the July-September quarter of this fiscal worries him

The pact came up for discussion during an interaction between Commerce and Industry Minister Piyush Goyal and Ambassadors of the European Commission delegation

In a written reply to the Rajya Sabha, Goyal said that the structure of RCEP did not adequately address the ambitions and concerns of India's stakeholders

He also said the ministry can earmark particular areas in the proposed industrial townships for the MSMEs

The bill, which aims to decriminalise seven offences and promote ease of doing business, was cleared in the Upper House by a voice vote

The long voyage time due to ships taking longer routes through Cape of Good Hope has impacted global trade, including Indian exports, Commerce and Industry Minister Piyush Goyal said on Tuesday.

He said that people of the world would have to focus on consuming products which are environmentally sustainable

Piyush Goyal added that environmental challenges are not a function of the carbon emitted through manufacturing, but 'it is a greater function of the carbon caused by (our) consumption'

In his speech, Piyush Goyal reflected on the aspirations for India as it moves toward celebrating 100 years of independence in 2047

Assam Chief Minister Himanta Biswa Sarma and Industry Minister Bimal Bora were also present on the occasion along with stakeholders, including buyers, producers and small tea growers

These imports stood at $8.4 billion in 2023-24 against the authorisation of about $9.5 billion. Most of these imports were coming from China

Goyal, who was addressing a press conference here in the Capital, stated that as both issues were handled by different ministries, he had no personal knowledge of what was happening

In the meeting, the commerce and industry minister highlighted the issues faced by the Indian exporters arising due to EU's green economy measures such as CBAM and EU Deforestation Regulation

The Union minister's comments come amid apprehensions that the new US administration may impose some tariffs on Indian goods

He called for a greater collaboration with France in the defence sector and also underlined that India's robust patent-protected regime does not insist on technology transfer

Odisha CM Mohan Charan Majhi paid floral tribute to BR Ambedkar in Bhubaneswar on the occasion of 'Samvidhan Diwas'. CM Majhi along with state ministers is also holding a padayatra in Bhubaneswar