Latest Commerce and Industry News & Updates

New Delhi, May 8 (IANS) Commerce Secretary Rajesh Agarwal undertook an official visit to Switzerland from May 6-7 to advance the implementation of the India-European Free Trade Association Trade and Economic Partnership Agreement and strengthen India–Switzerland trade and investment engagement, the Ministry of Commerce and Industry said on Friday. The ministry stated that during the visit, the Commerce Secretary held a bilateral meeting with Helene Budliger Artieda, State Secretary, Swiss Stat…

New Delhi, May 5 (IANS) India and Canada began the second round of negotiations for a bilateral free trade agreement, with the two sides aiming to seal the deal by year-end. The five-day talks in New Delhi come on Monday ahead of the Commerce and Industry Minister Piyush Goyal’s scheduled visit to Canada at the end of this month to accelerate the momentum of the economic engagement as the two countries target increasing bilateral trade to $50 billion by 2030. “The attempt is to fast-track talks …

New Delhi, April 26 (IANS) Rajya Sabha member Vikramjit Singh Sahney refuted Punjab Chief Minister Bhagwant Mann’s allegation that six of the seven MPs of the Aam Aadmi Party (AAP) who crossed over to the BJP have betrayed the people of the state. Sahney, who himself is one of the seven estranged MPs, said they have now got an opportunity to serve Punjab “10 times more”.Notably, six of the seven former AAP MPs were elected from Punjab.Following the exits, CM Mann had said, “These people are trai…

Kolkata, March 5 (IANS) Union Minister of State for Commerce and Industry Jitin Prasada on Thursday said the central government will soon bring a “comprehensive package” for tea gardens in north Bengal. Jitin Prasada made the remarks after visiting tea gardens in Jalpaiguri earlier in the day.”We have come to north Bengal to listen to the current problems of the tea industry. Discussions are underway on how to overcome these problems and how to address the issues faced by workers. There is a…

New Delhi, Feb 7 (IANS) As the United States and India finalised an interim trade agreement that reduces US tariffs on Indian goods to 18 per cent, Prime Minister Narendra Modi on Saturday hailed the development, calling it ‘great news’ for both nations. Taking to social media platform X, PM Modi said, “Great news for India and USA! We have agreed on a framework for an Interim Trade Agreement between our two great nations. I thank President Trump for his personal commitment to robust ties betw…

Mumbai, Feb 2 (IANS) India is in a sweet spot today, and the Union Budget for a ‘Future Ready Bharat’ covers a multitude of sectors, both traditional and modern, giving impetus to services with a major focus on tech, Commerce and Industry Minister Piyush Goyal said on Monday.In a meeting on the holistic benefits of the Budget at the NSE here, along with investors and captains from the mutual funds and asset management industry, the minister said the Budget addresses specific areas which will…