India Economy

India is expected to grow at about 6.5% year-on-year (YoY) between FY28 and FY30, making it the world’s third-largest economy by 2028 and the third-largest consumer market by 2026, according to UBS. Global growth is expected to slightly decelerate to 3.1% in 2026 from 3.2% in 2025, before rising to 3.3% in 2028. Despite this…

In August 2025, trade relations between India and the United States became tense. The U.S. government, led by President Donald Trump, put heavy import taxes on Indian goods. It started with a 25% tariff and later raised it to 50%. The main reason given was India’s continued purchase of Russian oil, even after Western countries…