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Searched Tag: third largest economy

SBI projects India’s rise to upper-middle income by 2030

January 19, 2026, 07:31 PM - 3 min read

India is expected to enter the upper-middle income category by 2030 and become the world’s third-largest economy by 2028, according to an SBI Research report.

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A file photo of Union Minister for Road Transport and Highways Nitin Gadkari.

India must reduce imports to become 3rd-largest economy: Gadkari

January 7, 2026, 03:59 PM - 3 min read

India must reduce imports and increase exports to become the world’s third-largest economy, Union minister Nitin Gadkari said, highlighting bio-bitumen, alternative fuels and reduced fossil fuel dependence as key to sustainable growth and energy self-reliance.

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As regards the banking sector, Sitharaman said the balance sheets of public sector banks have improved significantly compared to the twin balance sheet problem they faced 7-8 years ago

India poised to become world’s third-largest economy: Sitharaman

November 4, 2025, 06:26 PM - 3 min read

Speaking at an event at the Delhi School of Economics in New Delhi, Sitharaman stressed on the country’s economic strength and structural resilience that proved “international bullies” wrong

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