India expected to bypass middle-income trap: Report

Mar 21, 2026

India is increasingly being seen as a rising economic power, with the potential to become a wealthy nation by 2047, marking 100 years of...

Modi government taking India into middle-income trap, income inequality has worsened: Congress ahead of union budget

Jan 30, 2025

Noting that India's GDP growth for 2024-25 is expected to be 6.4 per cent as per government data, the Congress on Thursday said that...

China stuck in middle-income trap, distrust in its tech companies major cause

Oct 04, 2022

Beijing [China], October 4 : China's rights abuses and bad reputation of its tech companies have resulted in creating a negative business environment that...

Middle-income trap hinders progress of 108 developing countries; including India, China: World Bank

Aug 01, 2024

Drawing on lessons of the past 50 years, the World Development Report 2024 finds that as countries grow wealthier, they usually hit a "trap"...

Private investment reforms vital to re-ignite growth cycle, avoid middle-income trap: Ambit Institutional Equities

Jun 24, 2026

India's financial landscape is navigating an intricate maze of patchy corporate investments, localised consumption booms, and structural tech shifts that are forcing legacy industries...

Diverse growth paths lift six countries into higher income groups: World Bank

Jul 03, 2026

Six countries moved into higher income categories this year, with five shifting from lower-middle to upper-middle income status and one moving from low to...