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New Delhi, Apr 6 (PTI) Public procurement platform Government e-Marketplace (GeM) facilitated transactions worth Rs 5.03 lakh crore in 2025-26, down 7.4 per cent from the previous fiscal, a senior official said on Monday. GeM facilitated transactions worth Rs 5.43 lakh crore in 2024-25. GeM CEO Mihir Kumar said the decline in growth can be attributed to a reduced contribution from the coal ministry, whose share in total sales fell from 34 per cent to 20 per cent in 2025-26 (Rs 1,02,219 crore). ...Read More >
DEFENCE MINISTER Rajnath Singh on Wednesday chaired the third meeting of the Informal Group of Ministers (IGoM), which was briefed about the easing of energy prices in the backdrop of the ceasefire that was agreed upon by Iran and the US on Wednesday after weeks of tensions in West Asia. In a statement issued late Wednesday, the Ministry of Defence said the Ministers in the IGoM - formed to take stock of India's readiness in view of the recent developments in West Asia - were informed that key ...Read More >
New Delhi [India], April 9 (ANI): The Informal Group of Ministers (IGoM), headed by Defence Minister Rajnath Singh, took stock of India's readiness in view of the recent developments in West Asia during its third meeting at Kartavya Bhawan-2, New Delhi, on April 8, the government said in a release. Minister of Finance & Corporate Affairs Nirmala Sitharaman; Minister of External Affairs S Jaishankar; Minister for Agriculture & Farmers' Welfare and Rural Development Shivraj Singh Chouhan; Ministe ...Read More >
New Delhi [India], April 8 (ANI): Union Commerce and Industry Minister Piyush Goyal on Wednesday hailed the launch of the India-USA Trade Facilitation Portal, calling it a "forward-looking initiative" that will enable direct engagement between Indian exporters and United States importers. Addressing the virtual launch of the India-USA Trade Facilitation Portal, he added that it will provide greater opportunities to further deepen the bilateral trade partnership between both countries. Sharing ...Read More >
New Delhi [India], April 9 (ANI): The Informal Group of Ministers (IGoM), headed by Defence Minister Rajnath Singh, took stock of India's readiness in view of the recent developments in West Asia during its third meeting at Kartavya Bhawan-2, New Delhi, on April 8, the government said in a release. Minister of Finance & Corporate Affairs Nirmala Sitharaman; Minister of External Affairs S Jaishankar; Minister for Agriculture & Farmers' Welfare and Rural Development Shivraj Singh Chouhan; Ministe ...Read More >
New Delhi [India], April 8 (ANI): Union Commerce and Industry Minister Piyush Goyal on Wednesday hailed the launch of the India-USA Trade Facilitation Portal, calling it a "forward-looking initiative" that will enable direct engagement between Indian exporters and United States importers. Addressing the virtual launch of the India-USA Trade Facilitation Portal, he added that it will provide greater opportunities to further deepen the bilateral trade partnership between both countries. Also Rea ...Read More >
New Delhi, April 8 (SocialNews.XYZ) Commerce and Industry Minister Piyush Goyal on Wednesday said he had meaningful virtual interactions with several world leaders to further strengthen bilateral ties and trade. Goyal has a "constructive virtual interaction" with Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, the UAE. "We discussed opportunities to further strengthen India-UAE trade ties and expand avenues for deeper bilateral cooperation. Look forward to advancing our strategic pa ...Read More >
New Delhi: India and Bangladesh are expected to set the tone for a bilateral framework of their relationship during the talks today and set the ball rolling to rebuild trust that had plummeted following the downfall of the Sheikh Hasina government. Khalilur Rahman, who is visiting India for the first time as foreign minister of the newly formed government led by Prime Minister Tarique Rahman, will hold meetings with Minister of External Affairs S Jaishankar, Minister of Commerce & Industry Piyu ...Read More >
New Delhi [India], April 6 (ANI): The Government e Marketplace (GeM) has achieved a cumulative Gross Merchandise Value of Rs 18.4 lakh crore, including over Rs 5 lakh crore GMV in the financial year 2025-26. Addressing the media, Chief Executive Officer, Government e Marketplace, Mihir Kumar stated that crossing a cumulative GMV of Rs 18.4 lakh crore reflects the confidence of buyers, sellers and institutions in a transparent and technology-driven procurement ecosystem. This milestone reflects ...Read More >
Commerce Minister Piyush Goyal and his Chinese counterpart, Wang Wentao, have met on the sidelines of a WTO event India and China have held talks aimed at expanding bilateral trade, on the sidelines of the World Trade Organization's ministerial conference, Commerce Minister Piyush Goyal has said. The talks between Commerce Minister Piyush Goyal and his Chinese counterpart, Wang Wentao, come amid a thaw in trade tensions "Met Mr. Wang Wentao, Minister of Commerce of China, on the sidelines of ...Read More >
Hyderabad: The Chintan Shivir on the Pharmaceutical Sector, organized by the Pharmaceutical Export Promotion Council of India (PHARMEXCIL), with the support of the Ministry of Commerce & Industry, Government of India, concluded successfully today in Hyderabad. This event marked the continuation of the series of discussions, following successful editions in Chandigarh and Ahmedabad, and served as a platform for strengthening India's pharmaceutical export agenda. The inaugural session, chaired by ...Read More >
New Delhi [India], April 3 (ANI): Union Commerce and Industry Minister Piyush Goyal held a meeting with China's Commerce Minister Wang Wentao on the sidelines of the World Trade Organisation's 14th Ministerial Conference (MC14), aimed at strengthening bilateral economic and trade cooperation. Informing about the meeting, the spokesperson of the Chinese Embassy in India, in a social media post on Friday, stated that Wang Wentao met Goyal during the conference and expressed willingness to deepen ...Read More >
New Delhi [India], April 3 (ANI): Union Commerce and Industry Minister Piyush Goyal held a meeting with China's Commerce Minister Wang Wentao on the sidelines of the World Trade Organisation's 14th Ministerial Conference (MC14), aimed at strengthening bilateral economic and trade cooperation. Informing about the meeting, the spokesperson of the Chinese Embassy in India, in a social media post on Friday, stated that Wang Wentao met Goyal during the conference and expressed willingness to deepen ...Read More >
The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) completes four years since its signing today, marking an important milestone in the evolving economic partnership between India and Australia, stated the Ministry of Commerce & Industry. Since its signing on April 2 2022, the Agreement has played a pivotal role in enhancing trade flows, fostering industry linkages, and creating new opportunities for businesses, entrepreneurs, and employment in both countries. Trade grow ...Read More >
Minister of State for Commerce and Industry Jitin Prasada moved the bill for consideration and passage, with the government highlighting the need to reduce compliance burdens while ensuring proportionate enforcement. The Lok Sabha on Wednesday approved the Jan Vishwas (Amendment of Provisions) Bill, 2026, advancing the government's push to decriminalise minor offences and promote a trust-based governance model aimed at improving ease of living and doing business. The legislation removes crimi ...Read More >
New Delhi, Apr 2 (UNI) The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) has emerged as a key pillar of bilateral engagement, delivering tangible benefits for businesses, MSMEs, workers, and consumers in both countries, according to a Ministry of Commerce statement here on Thursday. Marking four years since its signing today, this pact is an important milestone in the evolving economic partnership between India and Australia. Since the beginning of the Ind-Aus ECTA in ...Read More >
New Delhi, The fine for letting a dog roam in a public street without a leash, which currently is ₹50 under the Delhi Municipal Corporation Act, 1957, will increase to ₹1,000 if the Parliament passes the Jan Vishwas Bill, 2025. This change is part of the Jan Vishwas Bill, 2026, which was introduced by Minister of State for Commerce and Industry Jitin Prasada in the Lok Sabha on Friday. The bill proposes several amendments to the Delhi Municipal Corporation Act of 1957. Under the proposed am ...Read More >
Chennai, Mar 31 (UNI) The IIT Madras Research Group India Centre for Lab Grown Diamond (InCent-LGD) has taken the Nation's Research on Quantum Technologies, photonics, sensing, and Metrology using Diamond Material to the global stage. Established with the support of the union Ministry of Commerce, this Research Group works towards making India a global leader in the lab-grown diamond industry by developing indigenous technologies. The technologies developed by this Centre will be available to ...Read More >
New Delhi [India], March 31 (ANI): Union Minister Piyush Goyal held discussions with a European Parliamentary delegation led by Angelika Niebler on the early implementation of the India-European Union Free Trade Agreement (FTA), highlighting its significance for strengthening bilateral ties. In a social media post, the minister said he was "delighted" to meet the delegation and noted that India-EU relations are witnessing growing dynamism across multiple sectors. "India-EU ties continue to str ...Read More >
New Delhi [India], March 31 (ANI): Union Minister Piyush Goyal held discussions with a European Parliamentary delegation led by Angelika Niebler on the early implementation of the India-European Union Free Trade Agreement (FTA), highlighting its significance for strengthening bilateral ties. In a social media post, the minister said he was "delighted" to meet the delegation and noted that India-EU relations are witnessing growing dynamism across multiple sectors. Also Read | 28 Ships Bound for ...Read More >
New Delhi, Mar 30 (PTI) The New Delhi Municipal Council on Monday said that implementing the Unit Area Method (UAM) could reduce property tax by 30 to 50 per cent, particularly benefiting old and self-occupied properties. The move is part of key amendments under the Jan Vishwas (Amendment of Provisions) Bill, 2026, which was introduced by Minister of State for Commerce and Industry Jitin Prasada in the Lok Sabha on Friday. The bill proposed multiple changes to the Delhi Municipal Corporation Ac ...Read More >
Guwahati (Assam) [India], March 12 (ANI): In a major boost to India's agricultural exports, the Agricultural and Processed Food Products Export Development Authority (APEDA) under the Ministry of Commerce and Industry facilitated the first export consignment of 25 metric tonnes of GI-tagged Joha rice from Assam to the United Kingdom and Italy on March 12, 2026, in collaboration with the Assam Agriculture Department. The aromatic indigenous rice variety, which received its Geographical Indicatio ...Read More >
New Delhi: The Department of Commerce, under the Ministry of Commerce & Industry, convened a high-level stakeholder consultation to address the impact of the emerging geopolitical situation on India's export-import (EXIM) cargo and strengthen the export ecosystem. Stakeholders discussed the evolving operational environment, including changes in global shipping routes, transit timelines, vessel scheduling, container availability, freight and insurance costs and the impact on time-sensitive expor ...Read More >
India and the Gulf Cooperation Council (GCC) signed a joint statement on Tuesday, formally launching negotiations for a comprehensive Free Trade Agreement. The agreement was signed by Commerce Minister Piyush Goyal and GCC Secretary General Jasem Mohamed Al Budaiwi. India and Gulf Cooperation Council (GCC) on Tuesday signed the joint statement on Free Trade Agreement (FTA) formally launching negotiations for a comprehensive and mutually beneficial agreement. The joint statement was signed by In ...Read More >
New Delhi [India], February 24 (ANI): India and Gulf Cooperation Council (GCC) on Tuesday signed the joint statement on Free Trade Agreement (FTA) formally launching negotiations for a comprehensive and mutually beneficial agreement. The joint statement was signed by India's Union Minister of Commerce and Industry, Piyush Goyal, and Secretary General of the Gulf Cooperation Council, Jasem Mohamed Al Budaiwi. Also Read | Maharashtra NMMS Result 2026 Out at mscenmms.in and mscepune.in: MSCE Pune ...Read More >
New Delhi [India], February 24 (ANI): India and Gulf Cooperation Council (GCC) on Tuesday signed the joint statement on Free Trade Agreement (FTA) formally launching negotiations for a comprehensive and mutually beneficial agreement. The joint statement was signed by India's Union Minister of Commerce and Industry, Piyush Goyal, and Secretary General of the Gulf Cooperation Council, Jasem Mohamed Al Budaiwi. Taking it to social media platform X, Goyal said, "Delighted to welcome H.E. Jasem Moh ...Read More >
CHANDIGARH: A portion of the frontal section of Congress MLA Sukhpal Singh Khaira's house in Bholath, Kapurthala, was demolished on Monday by the office of the Block Development and Panchayat Officer (BDPO). Khaira, a strong critic of Punjab Chief Minister Bhagwant Mann, condemned the move, calling it the dangerous introduction of "bulldozer (Pila-Panja) politics" in Punjab by Mann under directions from AAP supremo Arvind Kejriwal, aimed at silencing criticism and democratic dissent. As the de ...Read More >
New Delhi [India], February 23 (ANI): Union Minister of Commerce and Industry Piyush Goyal held high-level discussions with ministers from Tajikistan and Cambodia to expand bilateral trade and investment ties across multiple sectors. The meetings focused on deepening economic cooperation and unlocking new business opportunities between India and these nations. Goyal detailed the scope of these international partnerships on X. "Held a productive meeting with Mr. Sherali Kabir, Minister of Indust ...Read More >
New Delhi [India], February 16 (ANI): Emphasising India's growing leadership in emerging technologies, Shri Sanjiv, Joint Secretary at the Department for Promotion of Industry and Internal Trade (DPIIT) in the Ministry of Commerce and Industry, said that artificial intelligence (AI) is set to usher in a transformative era and that fears surrounding job losses are misplaced as the AI Impact Summit kicked off on Monday in the national capital. Addressing concerns over automation-led job displacem ...Read More >
Muscat: The Sultanate of Oman and the Republic of India signed today an executive programme, a joint vision document, and four Memoranda of Understanding (MoUs) in Muscat. The signing took place within the framework of the current official visit of the Prime Minister of the Republic of India to the Sultanate of Oman. The signing ceremony included the Joint Maritime Vision Document and an executive programme for cooperation in millet cultivation and innovation in the food and agricultural indus ...Read More >
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