Saturday, Apr 27 2024 | Time 09:19 Hrs(IST)
image
Business Economy


Made a mistake, though 'primary message was lost' says Goyal on Einstein comment

Mumbai, Sep 13 (UNI) Union Commerce and Industry Minister Piyush Goyal, who was under attack on social media for incorrectly attributing Newton’s discovery of gravity to Albert Einstein, on Friday acknowledged that he had erred and lamented that the primary message that he was trying to deliver was lost in the rush to highlight his mistake.
''Mistakes are made by everybody and I am not one of them who is scared of making a mistake,'' said Mr Goyal said at an event to flag off new trips of Rajdhani Express from Mumbai’s Chhatrapati Shivaji Maharaj Terminus.
Giving clarification on his comments on Thursday, Mr Goyal, also Railways minister, has said, ''There is a very mischievous and baseless narrative sought to be presented about my closing comments at the meeting.''
Speaking to reporters at the second meeting of the Board of Trade in New Delhi, Mr Goyal has said "If you're looking at a five trillion dollar economy, the country will have to grow at 12 per cent. Today it's growing at 6 per cent", adding that "Don't get into those maths. Those maths have never helped Einstein discover gravity... If you'd only gone by structured formulae and what was past knowledge, I don't think there would have been any innovation in this world.''
The Minister has said the comment he made had a certain context. ''Unfortunately some friends have sought to remove the context, pick up one line and create a very mischievous narrative," he has said.
In his clarification, Mr Goyal also has said he encouraged businessmen and industrialists to aspire for one trillion dollar exports in next five years.
The comment has a certain context which was removed, he has maintained.
UNI RSA SB 1629
More News
Sensex nosedives 609 28 pts

Sensex nosedives 609 28 pts

26 Apr 2024 | 5:26 PM

Mumbai, April 26 (UNI) Snapping a winning streak of last five sessions, the BSE Sensex on Friday, the last session of the week, tanked 609.28 pts to settle at 73730.16 amid mixed global cues.

see more..
Maruti Suzuki net profit surges 48 pc to Rs 3,878 crore in Q4

Maruti Suzuki net profit surges 48 pc to Rs 3,878 crore in Q4

26 Apr 2024 | 5:00 PM

New Delhi, April 26 (UNI) On the back of solid volume growth, the country's largest carmaker Maruti Suzuki on Friday reported 47.80% jump in standalone net profit at Rs 3,877.8 crore for January-March period (Q4) of financial year 2023-24.

see more..

Shriram Finance net jumps 57 pc to Rs 2,021 cr in Q4

26 Apr 2024 | 3:52 PM

New Delhi, April 26 (UNI) Shriram Finance on Friday reported 56.91% year-on-year jump in consolidated net profit at Rs 2,021.28 crore for the January-March period (Q4) of financial year 2023-24.

see more..
Maruti Suzuki gets show-cause notice from Legal Metrology dept

Maruti Suzuki gets show-cause notice from Legal Metrology dept

26 Apr 2024 | 2:39 PM

New Delhi, April 26 (UNI) The country's leading carmaker Maruti Suzuki India on Friday said that it has received a show-cause notice from the Legal Metrology office in Rishikesh, Uttarakhand.

see more..

Onkar Kanwar gets Lifetime Achievement Award

26 Apr 2024 | 2:08 PM

Kochi, April 26 (UNI) Chairman of Apollo Tyres Ltd, Onkar Kanwar, has been conferred with the Lifetime Achievement Award at the All India Management Association (AIMA)’s Managing India Awards ceremony.

see more..
image