Commerce Secretary Sunil Barthwal

India’s economic stride strengthening rupee’s internationalisation in new global landscape

As the global economic landscape undergoes significant transformations, India's rupee is steadily gaining international prominence. This shift comes amid growing efforts to reduce the dominance of the US dollar in global finance, particularly among BRICS nations. The rise of the rupee on the international stage is evident in recent developments. Commerce Secretary Sunil Barthwal revealed on Wednesday that rupee-rouble trade has seen a substantial increase, with 53 accounts now open for such tra...

September 16, 2024 5:55 PM

India’s exports surpass $200 billion in Q1, government confident of reaching $800 billion annual target

As India's exports in the first quarter of 2024-25 (April-June) crossed the USD 200 billion mark, the government has expressed its optimism about reaching its full-year target of USD 800 billion. Commerce Secretary Sunil Barthwal expressed optimism about reaching the full-year goal while releasing June's trade data on Monday. "We are quite optimistic and it gives us optimism that we'd be crossing our $800 billion of trade this year," Barthwal said. According to the commerce ministry data, Indi...