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Piyush Goyal

Piyush Goyal
The latest news and top stories on Piyush Goyal, a figure in India’s ruling Bharatiya Janata Party and the Minister of Commerce and Industry. Goyal’s extensive ministerial career includes the Ministries of Railways, Finance, Coal, Power, Consumer Affairs and Textiles. A Chartered Accountant and law graduate, he was formerly an investment banker. He also oversaw the Pradhan Mantri Garib Kalyan Anna Yojana, a government-run food security welfare scheme established in 2020 during the Covid-19 pandemic.
US President Donald Trump and Indian Prime Minister Narendra Modi enjoyed a friendly phone call on Thursday, but a trade deal between the two countries is still some way off. Photo: AP
China-India relations

Trump, Modi have ‘warm’ phone call – but 2025 unlikely to end with a trade deal

Even after calls for India to contribute more in the Indo-Pacific to counter China and deepen defence ties, Trump refuses to budge on trade concessions.

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India

India-EU trade pact nears finish line despite carbon tax dispute and Russia

India

Can India still rely on Russia as a ‘time-tested’ defence partner?

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India

Are US-India ties set for a rebound after Trump’s trade talk optimism?

Uncertainty over a coming Quad summit in New Delhi weighs on ties, but Trump’s upbeat tone hints at a possible thaw.

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US President Donald Trump and Indian Prime Minister Narendra Modi attend a joint press conference at the White House in Washington in February. Photo: Reuters
Donald Trump

‘He’s a friend of mine’: Trump says he will visit India despite tariff tiff

The US president had warm words for India’s prime minister, but tensions over trade and a recent conflict with Pakistan remain unresolved.

United States

Trump and Modi’s tariff tango: Russian oil, soybeans and a delayed deal

India and the US near a breakthrough on slashing Trump-era duties, but elections and egos could impede the long-awaited trade pact.

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India

‘Reason to be together’: India, Brazil boost ties amid US tariff tensions

Cooperation in ‘complementary strengths’ such as green energy could help advance efforts to limit global warming, observers say.

Employees inspect solar panels installed at a food processing plant in Greater Noida. India and Brazil have agreed to raise bilateral trade and expand cooperation in sectors spanning automobiles, IT, clean energy and agriculture. Photo: AFP
India

Trump’s 100% tariff threat puts India’s drug industry on edge

While the tariff announcement on patented drugs sent Indian pharma stocks tumbling, a tentative digital trade deal could show a path forward.

India

Is India buckling under US pressure on Russian oil purchase?

New Delhi may import oil from US-blacklisted suppliers such as Iran and Venezuela, according to media reports.

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India

India poised to gain as Trump curbs H-1B visas

Experts suggest US companies may relocate jobs in AI and finance to India as a way to avoid the new US$100,000 fee associated with H-1B visas.

US President Donald Trump’s new visa restrictions are prompting US firms to reconsider their labour strategies, with India emerging as a possible key beneficiary of outsourcing. Photo: Reuters
US-China trade war

Exclusive | India-US trade talks on UN sidelines fail to break impasse

US officials say India’s tariff rates will only be lowered if it curbs its crude oil imports from Russia.

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Indian Commerce and Industry Minister Piyush Goyal, centre, met with US trade officials on the sidelines of the United Nations General Assembly in New York this week. Photo: REUTERS
US-China relations

US reaffirms India as China counterweight despite trade rifts, Pakistan concerns

State Department official stresses New Delhi’s role in the Indo-Pacific, even as tariffs and Russian oil disputes strain ties.

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India

India’s tech sector fears impact of Trump’s US$100,000 H-1B on US market

The steep jump in the visa fee from a range of US$2,000 to US$5,000 is expected to curb the flow of India’s tech manpower to the US.

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Amazon

Trump’s US$100,000 visa threatens India’s US$280 billion IT sector

The H-1B visa programme is used heavily by Indian outsourcing firms as well as the US tech sector to bring in skilled workers from abroad.

US President Donald Trump holds up an executive order establishing the “Trump Gold Card”. Photo: Getty Images/TNS
United States

Trump suggests India is moving towards ‘deepest, darkest’ China orbit

Aides warn that New Delhi could regret the move and might face new curbs.

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US President Donald Trump during a White House meeting Wednesday. Photo: Reuters
SCO

India signals no oil import cut from Russia, ‘eagerly’ awaits Putin visit

‘1.4 billion Indians are eagerly waiting for you,’ India’s Narendra Modi tells Vladimir Putin during ‘excellent’ meeting on SCO sidelines.

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India

Opinion | India must learn the lessons of US trade deal failure

India needs to reassess its negotiation strategy, balancing domestic interests with the need to maintain strong ties with the US.

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India

India in a fix over Trump’s tariff threat aimed at Russian oil

If Russia fails to end the war in Ukraine within 50 days, India fears that the tariff could cause a spike in oil prices, analysts say.

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Oil tanks belonging to Russian state-owned Transneft. About 35 per cent of India’s oil demand is met by Russian imports, an analyst says. Photo: dpa
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