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FORGOTTEN HISTORY: 3 - The Untold Story

India’s GDP grows 7.8% in Q1 FY26; Piyush Goyal hails growth, targets Opposition

India's economy experienced a robust growth of 7.8 percent in the first quarter of FY 25-26, a point underscored by Union Minister Piyush Goyal. He noted the growing international demand for Indian skills and the uptick in infrastructure investments, designed to improve trade and connectivity. The ambition remains strong as…

The Economic Times · Sep 3

India wants tariff edge before signing final US trade deal: Piyush Goyal

India awaits US tariff advantage for trade deal finalization. The agreement was announced on February 3, 2026, reducing US tariffs on Indian goods. New Delhi seeks a clear tariff edge over competing manufacturing economies. India has protected its agriculture and dairy sectors under the agreement. Sectors like MSMEs and textiles…

The Economic Times · Sep 3

India’s ‘real feel GDP’ growing only at 2-3%; Shankar Sharma joins the debate

Stock market veteran Shankar Sharma has questioned India’s headline GDP growth, arguing that the economy’s “Real Feel” growth is only 2-3%. Despite 7.8% GDP growth in Q1 FY27, he pointed to worsening quality of life and chaotic urban conditions, contrasting India’s experience with Europe’s stronger lived prosperity.

The Economic Times · Sep 3

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‘We politicians, ministers and MPs do not manufacture these figures’: Goyal hits back at critics over 7.8% Q1 GDP growth

In response to challenges regarding India’s 7.8 percent GDP growth, Commerce Minister Piyush Goyal passionately argued against the claims made by opposition figures and a past finance secretary. He underscored India's stability in the face of global economic turmoil, pointing to high job prospects within the textile sector. Goyal condemned…

The Economic Times · Sep 2

India in talks with multiple countries to develop critical minerals for domestic needs: Piyush Goyal

India is actively seeking partnerships with nations like the US for critical mineral development. The country is also engaged in dialogues to build more resilient global supply chains. India's economy continues its strong growth trajectory, remaining the fastest among major economies. Nine trade agreements have secured access to markets with…

The Economic Times · Sep 2

US-India partnership can help reshape global auto supply chains, says Sergio Gor

The United States views India as a vital partner for global automotive supply chains. This relationship now extends beyond component trade to technology and investment. Both nations are co-designing the future of mobility together, enhancing sophistication. American and Indian industries will adapt and diversify sourcing during disruptions. India's capital and…

The Economic Times · Sep 2

India is the world's best location to set up data centres: Piyush Goyal

In a pivotal meeting with data centre industry players, Commerce Minister Piyush Goyal focused on facilitating business operations. He underscored India's immense potential for data centres and the substantial investments pouring in. Amid global challenges, Goyal praised India's economic growth, firmly responding to criticism of GDP statistics by highlighting the…

The Economic Times · Sep 1

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Commerce ministry discusses India-US trade performance with exporters, their issues on market access

The commerce ministry of India is actively soliciting feedback from exporters about challenges in accessing the US market. Minister Piyush Goyal's upcoming trip to the US centers around critical discussions on alleviating tariff-related uncertainties and advancing trade deals. Exporters are experiencing a drop in order volumes, indicating a pressing need…

The Economic Times · Sep 1

Commerce ministry meeting industry, exporters on India-US trade on September 1

India's Commerce Ministry will meet industry leaders on September 1 regarding trade performance. This meeting precedes Minister Piyush Goyal's US visit for G-20 talks. Discussions will focus on recent trade trends and sector-wise performance. Negotiations for a bilateral trade agreement are ongoing between the two nations. India seeks a comparative…

The Economic Times · Aug 30

Apparel exporters urge commerce minister Piyush Goyal to regulate cotton yarn exports

Apparel exporters requested government intervention to regulate cotton yarn exports. Rising yarn prices are significantly hurting the industry's global competitiveness. Limited stock and increased demand from countries like Bangladesh and Vietnam contribute. Higher manufacturing costs affect opportunities in new free trade agreement markets. Value addition through finished garments offers greater…

The Economic Times · Aug 29

India wants global factories, but its own quality checks may be putting investors off: GTRI

Concerns have surfaced among Japanese enterprises regarding India's compulsory BIS certification rules. A newly released study proposes a significant revamp of the QCO framework. The existing regulations are leading to considerable delays and inflated compliance costs for manufacturers, adversely impacting smaller businesses in India and disrupting supply chains. Experts recommend…

The Economic Times · Aug 29

India sends its Fab 4 across the world to woo trade, tech, energy and capital

India engages key partners, focusing on border management and energy security. Discussions with China now include investment alongside boundary talks. Russia talks address energy supplies and a widening trade imbalance. Japan and Canada visits seek investment and manufacturing partnerships. These engagements align with India's upcoming hosting of the BRICS summit.

The Economic Times · Aug 28

India to seek greater Japan market access for basmati rice in CEPA review:Piyush Goyal

India will seek greater market access for basmati rice in Japan. The nation also plans to expand processed food exports during trade agreement talks. Japan restricts rice imports, which India aims to address through discussions. Indian exporters must meet Japan's quality and safety standards for processed foods. The country is…

The Economic Times · Aug 27

Tremendous scope to improve processes, procedures to help faster flow of FDI, says Piyush Goyal

India is streamlining foreign direct investment processes and norms. The government seeks industry ideas to improve the investment regime further. Discussions are ongoing regarding trade pacts with several countries and blocs. Efforts focus on promoting end-to-end manufacturing and self-reliance in key sectors. Production-linked incentives will be considered for sectors facing…

The Economic Times · Aug 27

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The Economic Times · Aug 27

Piyush Goyal concludes Japan visit, says strong interest by Japanese businesses for India, robotics investment deal takes shape

Union Commerce and Industry Minister Piyush Goyal on Thursday concluded his four-day visit to Japan, saying the trip generated strong interest among Japanese businesses and also produced early investment outcomes, including a potential robotics manufacturing investment in India.

The Economic Times · Aug 27

India-EU ties stronger than ever, FTA breakthrough driven by realism, pragmatism: EU Ambassador

India-EU relations are stronger than ever due to increased strategic understanding and comfort. The India-EU Free Trade Agreement negotiations progressed with realism and pragmatism from both sides. The Carbon Border Adjustment Mechanism aims to prevent carbon leakage and incentivize lower emissions. Both India and the EU seek to de-risk supply…

The Economic Times · Aug 26

Japanese textile firms, including Uniqlo, eye higher investment, sourcing from India: Goyal

Japanese textile firms, including Uniqlo, are considering expanding their investments in India. They also plan to source more products from India for their global markets. Minister Piyush Goyal met with Uniqlo's CEO to discuss retail and manufacturing collaborations. Indian businesses are showing interest in meeting Japan's high-quality material and sizing…

The Economic Times · Aug 26

Japan already invested 14 percent of 10 trillion yen India investment target: Piyush Goyal

Japanese firms have invested Rs 1 lakh crore towards a 10 trillion yen investment target. This pace suggests the full investment may occur within the next few years. India aims to double Japanese companies operating here to three thousand. Proposals include a Deep Tech Capital Corridor and innovation bridges. Manufacturing…

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The Economic Times · Aug 26

Hoping to work towards further expanding scope of India-Japan trade pact: Piyush Goyal

India and Japan are actively reassessing their trade agreement, with the goal of broadening its reach. Both countries are looking to create fresh avenues for enhancing their bilateral ties. Ongoing talks aim to modernize the deal, addressing specific challenges faced by Indian exporters in Japan while simultaneously bolstering their strategic…

The Economic Times · Aug 26

Piyush Goyal to visit US in September for G20 trade meet, talks with USTR Greer

Commerce Minister Piyush Goyal will visit the US in late September for important trade discussions. He will attend the G20 Trade Ministerial and meet with USTR Jamieson Greer. Trade pact issues and boosting two-way commerce will be key discussion points. India seeks a comparative advantage for its goods in the…

The Economic Times · Aug 26

Piyush Goyal proposes India-Japan 'Shark Tank' style startup series to boost investments, business ties

India proposed a startup pitching series similar to Shark Tank. This initiative aims to connect young startups from both nations. Indian startups can pitch for Japanese investments and partners. Japanese businesses are invited to collaborate with India for mutual prosperity. Cooperation between universities and venture funds will also increase.

The Economic Times · Aug 25

Piyush Goyal pitches India as trusted destination for data centres, cites $200 bn investment commitments

India is actively promoting itself as a prime destination for data centers to Japanese businesses. Significant global hyperscaler investments totaling USD 200 billion have already been secured. The nation offers a compelling case for partnership in AI and semiconductor development. Japan faces a considerable demand for skilled professionals and caregivers.…

The Economic Times · Aug 25

Piyush Goyal promises BIS certification relief for high-tech sector firms

Goyal said he had taken note of concerns raised by Japanese companies over BIS certification requirements and that the government had already instructed the BIS and the Commerce and Industry Ministry to work on a framework to address the issue.

The Economic Times · Aug 24

India negotiating FTAs with 8-9 more blocs, aims to cover 75% of global trade: Piyush Goyal

India is actively pursuing free trade agreements with various nations, aiming to cover about 75% percent of the global trade landscape, Trade Minister Piyush Goyal said. With existing arrangements already covering an astounding $70 tn of the global economy, this expansion enhances India’s reputation as a reliable player in international…

The Economic Times · Aug 23

India-Japan business mission to focus on semiconductors, electronics; MoUs expected during visit: FICCI

India and Japan will enhance cooperation in semiconductors and electronics. Memorandum of Understandings are expected during the ongoing business mission. A large delegation is visiting Japan to strengthen bilateral business relations. Discussions will focus on deepening engagement and addressing business priorities. This initiative reflects the ambition of both nations' strategic…

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