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SBI: India Eyes Upper Middle Income and $5T Economy by 2030
India

India’s 2030 target: Upper-middle income status, $5 trillion economy, says SBI

A new SBI Research report projects India’s transition into the World Bank’s upper-middle-income group by 2030, driven by steady per capita income growth, while outlining the scale of reforms and growth needed to reach high-income status by 2047.

Iran Crisis Strands $240M Worth Indian Exports at Ports
India

Iran crisis disrupts Indian exports, nearly $240 million worth of goods stranded at ports

Escalating protests in Iran and the looming threat of new US tariffs have disrupted India-Iran trade, leaving hundreds of millions of dollars' worth of agricultural and pharmaceutical exports stranded.

India’s GDP Growth Rate at 6.6% in 2026, UN Says
India

India seen growing at 6.6% in 2026 as strong consumption and public investment offset US tariff impact: UN

The United Nations projects India’s economy will expand by 6.6 per cent in 2026, remaining the world’s fastest-growing major economy, with resilient domestic consumption, robust public investment, and diversified exports cushioning the impact of higher US tariffs.

Indian Markets Slip as IT Shares Weigh and US Tariff Fears
India

Indian stock benchmarks slip as IT shares weigh and US tariff concerns resurface

Indian equity markets ended lower after hitting record intraday highs, dragged down by IT stocks and renewed worries over potential US tariff hikes, even as upbeat corporate updates helped limit the overall decline.

Indian IT stocks slide again as US tightens H‑1B visa rule
India

Indian IT stocks slide for second day after US tightens H-1B visa selection rules

Shares of major Indian technology companies fell for a second straight session after the Trump administration overhauled the H-1B visa selection process, favoring higher-paid, high-skilled workers and raising concerns over costs and margins for IT exporters.

Adani Group plans $12B investment in Indian airports
India

Adani Group plans $12 billion investment in Indian airports as air travel demand soars

India’s Adani Group plans to invest about $12 billion in its airports business over the next five years, betting on strong long-term growth in Indian aviation as new capacity comes online, including the launch of Navi Mumbai International Airport.

India AI ranking 2025
India

India rises to 3rd in Stanford’s 2025 Global AI Vibrancy Ranking, leaving behind UK

India climbs four spots to third place in Stanford University’s 2025 Global AI Vibrancy Index, outperforming the UK and leading Asian economies, reflecting significant progress in AI research, talent development, infrastructure, and innovation.

Mexico’s 50% Tariffs Threaten Indian Auto Exports
India

Mexico’s 50% tariffs threaten Indian auto exports, but strongholds in aluminum and tiles offer cushion

Mexico’s approval of steep new tariffs on countries without trade agreements, including India, puts billions in Indian exports at risk. While auto shipments face the sharpest hit, India’s dominance in aluminum, ceramics, and tractors could help reduce overall damage.