September 10, 2025 5:32 PM
India not pushing for alternative to US dollar: CEA Nageswaran
Chief Economic Adviser V. Anantha Nageswaran on Wednesday dismissed speculations that India is exploring an alternative currency to the US dollar, stating that no such plans are under consideration. Nageswaran added that despite tariff disputes and geopolitical uncertainties affecting global trade, the Indian economy is well-positioned for positive developments rather than shocks. “India’s economy remains on a firm footing,” he affirmed. The CEA noted that the net impact of US tariffs an...