#BudgetRoundtable2025: How Will India Navigate the Rupee Drop Amid Rising Trade Barriers?

The Indian rupee saw a sharp 57 paise depreciation following developments in the U.S.. Should we be worried? In this exclusive interview at the India Today-Business Today Budget Round Table 2025, Tuhin Kanta Pandey, Secretary, Finance & Revenue, addresses concerns over global trade risks, India’s fiscal strategy, and whether rising protectionism could slow growth. He highlights lessons from the 1929 Great Depression, the impact of trade barriers, and India’s approach to maintaining economic competitiveness. Despite global uncertainties, he reassures that India remains committed to open trade while safeguarding national interests. Is India ready for potential global slowdown? Watch now to find out!