The Indian government's 'Make in India' initiative, launched in 2014, has proven successful in promoting manufacturing, increasing exports, and boosting investments. With multiple measures in place such as production linked incentive schemes and single-window approvals, the country's capacity in various sectors has been strengthened. Prime Minister Narendra Modi and Commerce and Industry Minister Piyush Goyal have both emphasized their commitment to continue encouraging 'Make in India' and furthering reforms to drive growth and development.
Indian telecommunications company Bharti Global, led by Sunil Bharti Mittal, has acquired a 24.5% stake in BT Group, making it the largest shareholder in the UK-based telecom giant. This deal solidifies Bharti's position in the UK market and marks their first major investment in a developed market. Bharti's long-term strategic approach to the deal highlights the potential for future growth and synergy opportunities, and has been praised by Indian Commerce and Industry Minister Piyush Goyal.
The second day of the Budget debate in Parliament saw heated exchanges between the Opposition and BJP, as they clashed over the fiscal plan presented by Finance Minister Nirmala Sitharaman. Opposition member Charanjit Singh Channi accused the government of putting its own interests above the country's and questioned why there couldn't be a legal guarantee for MSP. Meanwhile, BJP minister Piyush Goyal praised the Budget, with fellow party member Baijayant Panda defending Sitharaman against criticism of her qualifications and highlighting the positive impact of the government's fiscal management on job creation and employability.
Union Commerce Minister Piyush Goyal has announced a significant increase in India's exports, citing improved trade relations and policies. Along with this positive news, there has also been an improvement in the country's stock market and investment tracking, indicating a boost in the economy. Experts predict this trend to continue, making it a promising time for investors and the business sector.
Shri Piyush Goyal officially took charge of the Ministry of Commerce and Industry for his second consecutive term. At a review meeting, he emphasized the importance of collaboration and directed his team to focus on research and development, improving public-private partnerships, and ensuring integrity, speed, skill, and scale in their work. With a renewed commitment to driving economic growth and fostering international trade, the Minister expressed hope to lead the Ministry of Commerce and Industry towards new heights, ensuring that India's progress remains steadfast and inclusive.
Amidst the excitement of monsoon's early arrival and heavy rainfall in Mumbai and nearby areas, NCP leader Praful Patel reveals that he refused a lesser position of Minister of State with independent charge in the upcoming Modi 3.0 Cabinet. This move has caused some internal tension, with party member Sunil Tatkare also not receiving a Cabinet berth. However, other Maharashtra politicians, such as BJP's Nitin Gadkari, are set to take oath as Union Ministers. This comes as aviation regulator DGCA launches a probe into the incident at Mumbai's airport when an IndiGo plane landed and an Air India aircraft took off from the same runway in succession. With a diverse political background and a reputation for infrastructure-oriented development, Gadkari's appointment as Union Minister is being closely watched.
As the 2024 Lok Sabha Elections in Maharashtra come to a close, all eyes are on the exit polls to get an early indication of which party may come out on top. With key candidates such as Piyush Goyal and Nitin Gadkari attracting attention, the state has been a battleground for Congress, BJP, NCP, and Shiv Sena. Follow our latest updates to see who may come out on top after the polls closed on June 1.
Union Minister Piyush Goyal has submitted his nomination papers for the Mumbai North Lok Sabha seat, accompanied by Maharashtra Chief Minister Eknath Shinde. Goyal is contesting the Lok Sabha poll for the first time and is currently the Leader of House in the Rajya Sabha. CM Shinde has expressed confidence in Goyal's victory, highlighting the work done by the state government and the central government in the last two years. The ruling alliance in Maharashtra, 'Mahayuti', comprising Shiv Sena, BJP, and NCP, is expected to win all six Lok Sabha seats in Mumbai.
After much speculation, Union Minister Piyush Goyal has officially announced his candidacy for the Lok Sabha elections from the Mumbai North constituency. Goyal, who currently serves as the Railway Minister and Coal Minister, has been a prominent figure in the Indian government and is expected to face tough competition in this highly-contested seat. Stay tuned for updates on Goyal's campaign as the polls near.
Opposition parties NCP-SP and Shiv Sena-UBT have accused a college in Mumbai's Kandivali area of forcing students to attend a speech by Dhruv Goyal, son of Union Minister Piyush Goyal and BJP candidate for Mumbai North Lok Sabha seat. Shiv Sena-UBT leader Aaditya Thackeray alleged that students' IDs were confiscated while NCP-SP MLA Awhad shared a video of a student objecting to the event. The controversy has led to the college releasing a statement saying the matter is under review, while also accusing Shiv Sena-UBT leader Priyanka Chaturvedi of sharing a manipulated video for political gain. Aaditya Thackeray also took a dig at the government, saying that instead of attending lectures by candidates' sons, students should focus on the lack of job opportunities under the current regime.