India’s ambition to become a $5 trillion economy by 2028 has hit a speed bump. According to the IMF, the goal will now be achieved in 2029. U.S. tariffs—currently at 50% on some Indian exports are impacting labour-intensive sectors like textiles and jewellery are already seeing export declines, and last month, the trade deficit hit a record high. India disputes the IMF’s timeline, calling it “conservative,” and says a trade deal with the U.S. is within reach. Despite the setback, India remains the world’s fastest-growing major economy, supported by reforms, digital infrastructure, and macroeconomic resilience. But risks like a weakening rupee and global shocks persist.
Firstpost | World News | News Live | Vantage | Palki Sharma | News
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
