{
  "id": 10513430,
  "title": "India-UAE trade in rupees, dirhams enters double digits: Piyush Goyal",
  "url": "https://urgent.news/2026/09/28/india-uae-trade-in-rupees-dirhams-enters-double-digits-piyush-goyal",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T19:16:49.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/foreign-trade/india-uae-trade-in-rupees-dirhams-enters-double-digits-piyush-goyal/articleshow/134549730.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Bilateral trade between India and the UAE has reached double digits when settled in local currencies, according to Commerce and Industry Minister Piyush Goyal. Goyal stated that India and the UAE are working towards restoring trade to pre-war levels and then expanding it further. The use of rupee-dirham settlements has been increasing as businesses become more familiar with its benefits, with the share of trade using this mechanism now in double digits. The broader geopolitical environment, particularly the risks to the Strait of Hormuz, has impacted trade flows, but merchandise exports from India rose more than 15% in the first six months of the financial year. Goyal will be visiting the US this week to attend the G20 trade ministers' meeting and hold discussions with US Trade Representative Jamie L. Raskin on the proposed bilateral trade agreement.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Economy",
        "title": "Piyush Goyal to visit US from Sept 29 to Oct 5, attend G20 Trade Ministers meeting",
        "url": "https://urgent.news/2026/09/28/piyush-goyal-to-visit-us-from-sept-29-to-oct-5-attend-g20-trade",
        "published": "2026-09-28T12:35:54.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}