Ministry of Commerce and Industry, India

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National Governance & Policy Just now (10:35 PM IST)

Piyush Goyal Attends Opening Session of G20 Trade Ministers’ Meeting in Milwaukee

India’s Commerce and Industry Minister Piyush Goyal took part in the opening session of the G20 Trade Ministers’ Meeting in Milwaukee, underscoring New Delhi’s continued push to shape global trade rules at a time of supply-chain strain and policy fragmentation. The meeting places India in a key multilateral forum where trade resilience, market access, and reform of the global trading system are expected to dominate discussions.

By RDU Global Wire5 min read

National Governance & PolicyJust now (12:07 AM IST)

India’s Commerce Minister Piyush Goyal to Travel to the United States for G20 Trade Ministers’ Meeting

Commerce and Industry Minister Piyush Goyal will travel to the United States to attend the G20 Trade Ministers’ Meeting, placing India at the center of high-level discussions on global trade rules, supply chain resilience, and market access. The visit comes at a time when major economies are seeking to balance protectionist pressures with the need for more predictable and inclusive trade frameworks.

5 min readRead →

National Governance & PolicyJust now (11:25 PM IST)

Commerce Minister Piyush Goyal to Travel to the United States for G20 Trade Ministers’ Meeting

India’s Commerce and Industry Minister Piyush Goyal will travel to the United States to participate in the G20 Trade Ministers’ Meeting, underscoring New Delhi’s push to shape global trade rules at a time of supply-chain stress and rising protectionism. The visit is expected to place India’s priorities on market access, resilient trade flows, and reform of multilateral trade frameworks before major economies.

5 min readRead →

Banking, Fintech & Insurance11 Oct 2026, 02:00 PM IST

Sitharaman Rejects UPI MDR Misconception, Says Merchants Bear the Charge

Finance Minister Nirmala Sitharaman has dismissed concerns that the Merchant Discount Rate on select UPI transactions above Rs 2,000 will be passed on to consumers. She said the charge is borne by merchants, not the government, and stressed that it is neither a tax nor a cess. The clarification comes amid renewed scrutiny of digital payments costs and their possible effect on adoption in India’s fast-growing UPI ecosystem.

5 min readRead →

Banking, Fintech & Insurance11 Oct 2026, 05:08 AM IST

Government Moves to Curb UPI Merchant Fees as Daily Monitoring Begins on October 15

India’s finance ministry is preparing to closely monitor compliance with new UPI merchant discount rate rules from October 15, as it negotiates with payment aggregators over a proposed 0.4% fee on transactions. Officials say the charge is intended to support the cost of expanding digital payments, but it must not be passed on to consumers. The move reflects a broader effort to balance UPI’s rapid growth with the economics of merchant acceptance, especially among small businesses.

5 min readRead →

Macro Economy & Fiscal Policy09 Oct 2026, 08:18 AM IST

India Sets Up FTA Utilisation Cell to Turn Trade Deals Into Measurable Gains

India has established a dedicated Free Trade Agreement utilisation cell to help exporters and importers make fuller use of preferential trade pacts, Commerce Secretary Sunil Barthwal said on Wednesday. The move comes as New Delhi seeks to prove that its newer FTAs, negotiated with more complementary economies, can deliver stronger trade outcomes than earlier agreements that were often underused.

5 min readRead →

Macro Economy & Fiscal Policy09 Oct 2026, 02:28 PM IST

India Sets Up FTA Utilisation Cell to Turn Trade Pacts Into Measurable Gains

India has created a dedicated FTA utilisation cell to help exporters and importers make fuller use of its free trade agreements, Commerce Secretary Sunil Barthwal said, underscoring a sharper push to convert treaty access into actual trade flows. The move comes as policymakers seek evidence that newer pacts, especially with complementary economies, are delivering tangible gains rather than remaining underused on paper.

5 min readRead →

Banking, Fintech & Insurance08 Oct 2026, 03:29 AM IST

Bank Unions Defer Three-Day Strike After Talks With IBA, High-Level Committee Planned

Bank employee unions have deferred their planned three-day nationwide strike after fresh talks with the Indian Banks' Association, easing the immediate risk of disruption across the banking system. The discussions have paved the way for a new high-level committee to examine long-pending demands, including a five-day workweek and concerns over the Performance Linked Incentive scheme for senior officers.

6 min readRead →

Startups & Venture Capital07 Oct 2026, 09:30 PM IST

Goyal Urges Blackstone to Deepen India Bets as Government Courts US Capital

Commerce and Industry Minister Piyush Goyal met senior Blackstone executives Jonathan Gray and Prakash Melwani in New Delhi, using the engagement to press India’s case as a destination for long-term foreign investment. The meeting comes as New Delhi intensifies outreach to global private equity and venture capital firms to channel capital into startups, infrastructure, and growth-stage businesses.

6 min readRead →

Banking, Fintech & Insurance06 Oct 2026, 11:01 AM IST

Finance Ministry Sees No Cash Surge After UPI MDR Levy, Sources Say

The Finance Ministry does not expect the proposed merchant discount rate on select UPI transactions to trigger a meaningful shift back to cash, according to sources familiar with the matter. Officials believe the impact will be limited because only a small share of total UPI volume will be affected, while RuPay debit card transactions will remain exempt and free for users.

5 min readRead →

National Governance & PolicyJust now (09:12 PM IST)

Government Caps Sugar Stocks at 1,000 Quintals for Dealers Ahead of Festive Demand

India’s Food Ministry has tightened sugar stock limits for dealers to 1,000 quintals, a move aimed at preventing speculative accumulation and keeping supplies steady as the festive season approaches. The amended rules are designed to ensure sugar moves smoothly from mills through the distribution chain to consumers, reducing the risk of artificial scarcity or price pressure.

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Piyush Goyal(3)New Delhi(3)G20(3)United States(2)India(2)Stephen King(1)