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    India’s Exports to Nordic Countries has increased significantly in recent years: Shri Goyal
    CCI approves acquisition of additional shareholding in CaratLane by Titan
    AIM– NITI Aayog launches new accelerator to support Australian and Indian circular economy startups to rise
    Piyush Goyal addresses 2nd Voice of Global South Summit, says countries need to act together to make supply chains open, secure, trusted and resilient
    60th Network Planning Group Meeting on Sectoral Plan for Efficient Logistics (SPEL)
    Shri Piyush Goyal participates in Partnership for Global Infrastructure and Investment (PGII) & Indo-Pacific Economic Framework for Prosperity (IPEF) ...
    Shri Piyush Goyal meets Entrepreneurs and Venture Capitalists from Silicon Valley
    Shri Piyush Goyal participates in the 3rd in-person Ministerial meeting of the Indo-Pacific Economic Framework (IPEF)
    MoU between India and USA to Enhance Innovation Ecosystems through an Innovation Handshake under the framework of India – U.S. Commercial Dialogue
    Shri Piyush Goyal visits Tesla factory at Fermont, holds bilateral meetings and participates in the Investors Round Table on the first day of his visi...
    PRESS COMMUNIQUE - Repayment of 8.30% FERT CO GOI SPLBOND 2023
    Government e-Marketplace achieves landmark Gross Merchandise Value of ₹2 Lakh Crore in less than eight months of FY 2023-24
    Union Commerce and Industry Minister Shri Piyush Goyal to visit San Francisco from 13-16 November 2023 to attend Leaders and Ministerial Engagements o...
    59th Network Planning Group Meeting under PM GatiShakti discusses High Traffic Density Routes of Railways
    Repayment of ‘4.56% GS 2023’
    Union Government authorises release of tax devolution of ₹72,961.21 crore to all State Governments for November, 2023; three days ahead of the u...
    NITI Aayog to organize Workshop on “Indian Development Model” as an engine of growth
    Competition Commission of India launches Market Study on Cement Sector in India
    DPIIT conducts PM GatiShakti Webinar with States/UTs and Line Ministries/Departments
    Union Minister Shri Piyush Goyal said India is working towards meeting country’s energy need with clean sources
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    November 23, 2023
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    Export growth spurs expanded India-Nordic trade cooperation and invitations to sectoral trade fairs and partnerships.
    Trade and economic cooperation between India and the Nordic-Baltic region foregrounds significant export growth and targeted sectoral collaboration in textiles, food products, wellness, renewable energy, pharmaceuticals, IT/AI, fintech, and logistics; the Minister invites Nordic-Baltic firms to participate in Indian trade fairs as a mechanism to facilitate market access, technology partnerships, supply chain linkages, and commercial engagement.
    November 21, 2023
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    Competition clearance granted for intra-group acquisition of additional shareholding in a jewellery retailer, subject to detailed order.
    The Competition Commission of India has granted approval for Titan Company Limited to acquire an additional minority stake in CaratLane Trading Private Limited by purchasing incremental shareholding on a fully diluted basis from three individual shareholders; CaratLane is a private company engaged in manufacture and sale of gems and jewellery and Titan is a publicly listed lifestyle conglomerate. A detailed CCI order will follow.
    November 21, 2023
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    Circular economy accelerator expands cross-border startup collaboration, facilitating market entry and bilateral innovation partnerships between India and Australia.
    A bilateral accelerator supports startups and SMEs with mature circular economy technologies to validate, adapt and scale between two partner markets. Delivered by national innovation agencies, the multi month virtual programme offers market entry support, partner and customer matchmaking, mentorship, periodic travel opportunities, and potential non equity grant eligibility for participants prepared to expand internationally and develop industry research collaborations.
    November 18, 2023
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    Global value chain resilience urged to boost participation, digitalise trade documents and integrate MSMEs into international markets.
    The address urges collective action to make supply chains open, secure, trusted and resilient, promoting the Global Value Chain mapping framework from India's G20 presidency to identify critical sectors and logistics gaps, raise participation and value addition in GVCs, and integrate MSMEs. It calls for G20 and WTO-supported aid-for-trade resource mobilisation, adoption of Digital Public Infrastructure and a one-stop global trade portal for MSME market access, and endorsement of ten principles for digitalising trade documents to enable a paperless trading system and lower trade costs.
    November 17, 2023
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    Sectoral logistics planning promotes ministry-level infrastructure, modal-mix optimization and policy reforms to improve logistics efficiency and sustainability.
    The SPEL initiative under the Comprehensive Logistics Action Plan directs sector-specific logistics planning by Ministries, focusing on infrastructure, process reforms, digital improvements, policy and regulatory adjustments, and capacity building. Ministry of Steel's SPEL work covers supply and demand analysis, forecasting and strategic logistics readiness planning. Ministry of Coal's Integrated Coal Evacuation Plan under the Coal Logistics Policy identifies infrastructure gaps and multimodal optimization including rail network optimization to reduce logistics costs and emissions.
    November 17, 2023
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    Investment and clean economy cooperation mobilises private finance for Indo Pacific clean energy projects and trade facilitation.
    The minister participated in the PGII & IPEF Investor Forum to mobilise private investment in the Indo Pacific, noting initiatives such as an Investment Accelerator, Catalytic Fund, Investor Forum and Critical Minerals dialogue, and highlighted the Green Transition Fund as a mechanism to finance clean energy projects. He welcomed the conclusion of negotiations on the Clean Economy and Fair Economy IPEF pillars, emphasised commitments to ease of doing business and regulatory transparency, and pursued bilateral meetings to expedite FTA negotiations and promote investment opportunities in India's semiconductor and clean energy sectors.
    November 16, 2023
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    International investment engagement promotes startup collaboration and technology partnerships to expand market presence and attract global capital.
    The Union Minister solicited ideas from Silicon Valley entrepreneurs and venture capitalists to make India a more attractive investment destination and promote collaboration in emerging technologies, held academic roundtable discussions on joint campus and institutional collaboration, emphasised the role of chartered accountants in US-India partnership, and in bilateral meetings offered support to technology companies for expansion into India, highlighting opportunities in semiconductors and the digital content ecosystem.
    November 15, 2023
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    Supply chain resilience: Agreement signed to strengthen IPEF supply chains and accelerate clean transition cooperation.
    The Minister signed the inaugural IPEF Pillar II Supply Chain Resilience Agreement to strengthen and integrate partner country supply chains, urged enhanced collaboration to mobilise affordable financing for a clean economy transition, promoted technology cooperation and a proposed bio fuels alliance, and supported early implementation of Pillar III and Pillar IV work. Concurrent bilateral meetings addressed trade, investment, WTO matters and the AITIGA review, while industry roundtables and diaspora engagements sought to deepen entrepreneurship partnerships and business collaboration.
    November 15, 2023
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    Innovation partnership to strengthen bilateral startup ecosystems and address regulatory hurdles for tech collaboration and investment.
    A bilateral Memorandum of Understanding establishes an Innovation Handshake to connect Indian and U.S. startup ecosystems focused on deep tech and Critical and Emerging Technologies, committing to cooperative activities-events, hackathons, open innovation, information sharing, and investment forums-to address regulatory hurdles, facilitate startup fundraising and commercialization, attract investment, and promote job creation within targeted technology sectors.
    November 14, 2023
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    Indo-Pacific Economic Framework cooperation to enhance bilateral trade and expedite AITIGA and CEPA review outcomes.
    Visit centered on advancing cooperation under the Indo-Pacific Economic Framework, addressing WTO matters, and urging expedited review conclusions for AITIGA and the Comprehensive Economic Partnership Agreement. Bilateral meetings with trade counterparts and an Investors Round Table highlighted steps to enhance bilateral trade linkages, engage investors across key sectors, and improve the ease of doing business, with further engagement planned at the IPEF ministerial and APEC sessions to strengthen trade and investment collaboration.
    November 14, 2023
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    Repayment notice for government special bond: maturity repayable at par; submit bank mandate or tender discharged securities.
    Repayment of the listed government special bond is repayable at par on the maturity date with no interest thereafter; if a State-declared holiday falls on the repayment day, repayment will be made on the preceding working day. Maturity proceeds will be paid to registered holders by pay order with bank account particulars or by electronic credit; holders must submit bank account particulars in advance or, lacking them, may tender duly discharged securities at designated paying offices up to twenty days before maturity.
    November 13, 2023
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    Public procurement digitalisation boosts GeM adoption, expanding services procurement, supplier inclusion, and platform cost savings.
    Government e Marketplace has rapidly expanded public procurement volumes and average daily GMV, with Central entities contributing the majority of transactional value and States the remainder. The platform's services segment has substantially increased its share of total order value, supported by integration with e Gram Swaraj for Panchayat level procurement and a broad catalogue of product and service categories. GeM emphasises supplier inclusion-notably micro and small enterprises-and reports cumulative cost savings, positioning the marketplace as a tool for transparency, efficiency, and domestic procurement support.
    November 10, 2023
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    IPEF participation advances India US economic cooperation through ministerial talks, bilateral industry engagement, investor outreach and innovation initiatives.
    The Commerce Minister will represent India at IPEF and APEC ministerial and leaders' engagements to advance pillar based negotiations and deepen economic cooperation, while conducting bilateral meetings and investor level engagements to address trade barriers, promote investment, and foster technology and innovation cooperation, including a co chaired India US Innovation Handshake to link startup ecosystems and tackle regulatory hurdles.
    November 9, 2023
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    High traffic route capacity expansion to decongest rail networks, enable additional trains and improve speeds with multimodal integration.
    The program expands capacity on High Traffic Density Routes through trunk route augmentation and feeder doubling, backed by around two hundred identified projects to increase train paths, decongest the network, and improve average speeds; key interventions include track augmentation and operational upgrades.
    November 7, 2023
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    Repayment of government securities requires holders to provide bank details for electronic credit or tender securities if absent.
    Outstanding principal of the government security is repayable at par on maturity with no interest accruing after that date; if a statutory holiday falls on repayment day, payment is made on the previous working day. Under sub-regulations 24(2) and 24(3) of the Government Securities Regulations, 2007, maturity proceeds to holders in SGL/CSGL or stock certificate form are payable by pay order with bank particulars or by electronic credit; holders must submit bank details in advance or, absent those particulars, tender duly discharged securities at designated paying offices at least twenty days before maturity.
    November 7, 2023
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    Tax devolution released early to states enabling timely festival disbursements and state-wise allocations announced today.
    Union Government authorised the early release of tax devolution for November 2023, advancing the usual transfer date by three days to enable timely state disbursements during the festival season. A state-wise schedule accompanies the authorisation, specifying individual state allocations and a consolidated Grand Total for the month, thereby effecting an expedited fiscal transfer of Net Proceeds of Union Taxes and Duties for November 2023.
    November 6, 2023
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    Indian Development Model workshop to shape operational pathway and measurable milestones for attaining middle income status.
    NITI Aayog will convene a one-day workshop on the Indian Development Model to articulate an operational pathway for attaining middle-income status during the Amrit Kaal by identifying implementing entities and establishing measurable milestones, reconciling diverse ideologies within a welfare-oriented development framework.
    November 4, 2023
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    Market study on cement competition launched to assess market structure, pricing determinants, and competition impediments across regions.
    A pan-India market study has been launched to assess the cement sector's market functioning and state of competition, examining market concentration, entry/exit, consolidation, production, capacity, capacity utilisation, profitability, and price and cost trends. The study will analyse pricing in trade and non-trade segments and determinants of price movements. It is a non-adjudicatory fact-finding exercise combining secondary research and primary stakeholder consultations, implemented by a Commission study team with external agency assistance to identify competition impediments and inform enforcement and advocacy priorities.
    November 4, 2023
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    PM GatiShakti adoption enhances infrastructure planning through GIS-based master planning and district-level implementation support and capacity building.
    PM GatiShakti is presented as a GIS-based national infrastructure planning framework with DPIIT demonstrating the National Master Plan and urging district, urban local body and block-level adoption by integrating Area Development principles. The webinar prioritised capacity building, BISAG-N technical support for training and geo-tagged data, use of local remote sensing agencies, and regular institutional mechanisms to synchronise project planning and implementation across Central Ministries and States/UTs.
    November 3, 2023
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    Carbon border adjustment mechanism could be neutralised if exporting countries match domestic carbon taxation, protecting trade competitiveness.
    India promotes domestic manufacturing of clean-energy technologies through Production Linked Incentives while recognising intermittency challenges and advocating an international power grid for baseload reliability. On carbon policy, India is engaging with partners about a reporting obligation and an impending carbon border adjustment mechanism; equivalent domestic carbon taxation could prevent additional levies on exports. Financing should follow the polluter pays principle, with emphasis on concessional, long-term or grant-based support and technology transfer rather than private-capital-centric models.

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