US-based electric vehicle maker Tesla is looking to source components worth around $1.9 billion this year against $1 billion last year, Commerce and Industry Minister Piyush Goyal said on Wednesday. The minister said that going forward, demand for electric vehicles will increase and it will help in pushing the growth of the sector. "Tesla already last year bought one billion dollars of components from I think all of you sitting here.... I have the list of companies who supply to Tesla.
The Manipur violence issue rocked both houses of Parliament on the opening day of the Monsoon session on Thursday with opposition members creating uproar, demanding a discussion on the situation in the Northeastern state.
Dharmendrasinh Jadeja took 7/32 as Saurashtra thrashed Rajasthan by 218 runs.
The top court said the exclusion of a member of the Opposition from the House just because of a perspective which may not be consistent with the viewpoint of the government is a serious issue.
umbai Indians overcame some tense moments to pull off a last-ball win over Delhi Capitals at the Arun Jaitley Stadium in Delhi on Tuesday.
The lawmakers from the US State of Washington have urged the Biden administration to help remove or reduce the tariffs on American apples imported to India as the country's fruit industry has incurred significant losses due to New Delhi's retaliatory measures. In a letter to US Trade Representative Katherine Tai and Commerce Secretary Gina Raimondo, all members of the House of Representatives from Washington State and other two senators said the tree fruit industry suffered losses due to India's retaliation to US tariffs. On average, 30 per cent of the apples, cherries, and pears produced in the Pacific Northwest are exported and India was once a strong market.
IMAGES from the Indian Premier League match played between Chennai Super Kings and Mumbai Indians at the Wankhede Stadium in Mumbai on Saturday.
Power Minister Piyush Goyal on the government's manufacturing push and other key issues.
In the all-party meeting on Tuesday, Opposition parties demanded discussions on price rise, unemployment and Economically Weaker Section (EWS) quota among other issues, sources said.
The country's exports rose by about 6 per cent to a "record" $447 billion during 2022-23 on account of healthy growth in the outbound shipments of sectors such as petroleum, pharma and chemicals and marine, Commerce and Industry Minister Piyush Goyal said on Thursday. The country's imports also grew by 16.5 per cent to $714 billion in 2022-23 as against $613 billion in 2021-22. He said that the exports of goods and services together scaled "new heights" and has increased by 14 per cent to $770 billion in 2022-23 as against 676 billion in 2021-22.
Parliamentary Affairs Minister Prahlad Joshi had invited leaders of four political parties for a meeting on Monday morning convened by Leader of the House in Rajya Sabha Piyush Goyal to discuss and resolve the stalemate over the suspension of MPs.
"Mr Modi has utterly failed. It is clear by now that we (NDA) cannot deliver more than this (since 2014)," he said.
In a world where age and form seem to be at odds with each other, these IPL veterans defied expectations wrote their own narratives and left us all marveling at their incredible staying power.
'At no point did Shri Rijiju recommend that payment be released but only requested that 'kindly get this petition considered in your ministry sympathetically on priority',' it said making public the copy of the letter.
The Suheldev Bharatiya Samaj Party on Wednesday termed the list of candidates released by its alliance partner Samajwadi Party for the Uttar Pradesh legislative council elections as "disappointing".
'Somehow, Rahul Gandhi is not able to connect with the youth of the country.' 'While Modiji is 72, Rahul is only 52.' 'But the popularity of the prime minister among the young population is a lot more than Rahul's.'
Following a disastrous outing in the 2022 edition, five-times champs Mumbai Indians will look to turn it around when the 16th season of the IPL gets underway.
PHOTOS of the IPL 2023 match between Punjab Kings and Mumbai Indians at the Punjab Cricket Association Stadium in Mohali on Wednesday.
As Germany took note of Rahul Gandhi's disqualification from Lok Sabha, the Bharatiya Janata Party on Thursday accused the Congress of 'inviting foreign powers' for interference in India's internal matters and the Opposition party hit back, alleging that its rival was attempting to divert attention from the Adani issue.
Maha Vikas Aghadi, comprising the Shiv Sena, Nationalist Congress Party and Congress, has called a meeting of its MLAs in Mumbai on June 7.
IPL can be truly said to have come of age. It is now more Indian than ever before. Teams often fielded fewer than the four allowed foreign players. Indian batters and bowlers were simply better in performance, consistency and reliability, points out Shreekant Sambrani.
All MPs of the Lok Sabha and the Rajya Sabha, including nominated members, are entitled to vote in the vice presidential election.
Newly-elected Conservative Party leader and prime minister in waiting Liz Truss is among the senior British politicians known for championing deeper India-UK strategic and economic ties, describing them as a "sweet spot" of global trade dynamics.
India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.
Giving a relief to exporters community, the government on Thursday said it will release Rs 56,027 crore to exporters against pending tax refunds under different incentive schemes for outbound shipments. The amount will be disbursed to more than 45,000 exporters. Briefing the media about the decision, Commerce and Industry Minister Piyush Goyal said that the Rs 56,027 crore, which is being released under various export promotion schemes, is over and above duty remission of Rs 12,454 crore for the Remission of Duties and Taxes on Export Products (RoDTEP) Scheme and Rs 6,946 crore for Rebate of State and Central Levies and Taxes (RoSCTL) Scheme already announced.
The South Korean foreign minister on Tuesday 'regretted the offence' caused to the people and government of India by the social media post on the so-called Kashmir solidarity day by the Hyundai Pakistan, a day after New Delhi summoned the RoK envoy to express 'strong displeasure' over the 'unacceptable' post.
Amid domestic traders continuously complaining alleged violations of FDI norms by foreign online players, Commerce and Industry Minister Piyush Goyal on Friday said the ministry will "very shortly" come out with certain clarifications on the e-commerce sector. Goyal said the ministry is not changing any policy on e-commerce for foreign direct investment as the policy is crystal clear. "We will also come out with the e-commerce policy and whatever clarifications... Certain instances have come to our notice where the policy is not being followed in letter and spirit, we will obviously be clarifying that very shortly," he told reporters in New Delhi.
The road to AICC headquarters in New Delhi was blocked on Wednesday with the Congress alleging the party was "under siege" while the police said barricades have been erected and its personnel deputed to avoid any untoward situation.
'The central learning of the day was that if the BJP leadership can cajole, coax and convince regional parties to vote for bills, it would not be a stretch to see the same votes cast in favour of the land bill,' a senior Congress leader from a northern state told Rediff.com
This will boost availability of these items as well as make them cheaper, it said, adding that Modi also directed the revenue department to ensure seamless and quick custom clearance of such equipment.
The government, in its proposal circulated among the leaders on Wednesday, offered to amend 7-8 issues, including providing a written assurance of minimum support price.
Recently, the finance ministry waived off basic customs duty and health cess on imported oxygen and related equipment for three years.
No major glitches in electronic voting machines were reported and the voting passed off peacefully with high security observed at the 3,360 critical booths in 493 locations where more than 25,000 police personnel, nearly 13,000 home guards and 100 companies of paramilitary forces were deployed, officials said.
Amid a stalemate over the suspension of 12 opposition Rajya Sabha MPs, Leader of the House Piyush Goyal on Friday said how can there be a reconciliation when these members are unwilling to apologise for their unruly behaviour in the previous session.
The searches since December 22, which resulted in Jain's arrest, also included searches at the trader's residential/factory premises in Kannauj, wherein about Rs 17 crore in cash, 23 kg of gold and 600 kg sandalwood oil having a market value of about Rs 6 crore have been recovered, the ministry said in a release.
US e-commerce giant Amazon, which is said to be investigating alleged bribes paid by its legal representatives in India, spent a staggering Rs 8,546 crore or $1.2 billion in legal expenses for maintaining a presence in the country during 2018-20, sources said. Sources aware of the firm's public account filings said entities of Amazon - including Amazon Retail, Amazon Seller Services, Amazon Transportation Services, Amazon Wholesale, and Amazon Internet Services - paid Rs 3,420 crore in India during 2018-19 and Rs 5,126 crore during 2019-20 towards legal fees. Amazon is locked in a legal tussle over the takeover of Future Group and is facing a probe by the Competition Commission of India (CCI).
Bharat Pardeshi, one of the leaders from the All India Railway Act Apprentice Association, spoke to Rediff.com's Syed Firdaus Ashraf about why they had to resort to the unpopular move, disrupting the lives of thousands of railway commuters in Mumbai.
The Bharatiya Janata Party said on Monday the railways has subsidised 85 per cent of ticket fare for special trains being run to transport migrant workers and the state government has to pay the remaining 15 per cent, soon after the Congress attacked the central government over the issue.
Opposition members led by Trinamool Congress MP Sukhendu Sekhar and Congress leader Mallikarjun Kharge asked the government to clear its stand over the nationality of the minister. Without naming the minister, Sekhar said: "The prime minister has been allowed to lay a list of the ministers after the reshuffle. Go through Wikipedia, then you will find that the name of the gentleman... a minister of state for home affairs is a reportedly a Bangladeshi." Sekhar was also supported by Kharge and other opposition members.
16 national and regional industry bodies and sectoral business lobbies video-conferenced with Commerce and Industry Minister Piyush Goyal on Saturday and raised key concerns facing Indian industry in the wake of the 21-day lockdown over coronavirus.
