The article below has some pretty good points. 
Hotmail founder Sabeer Bhatia criticizes India’s GDP calculation, which, according to him, exaggerates economic output, etc.
He also emphasizes the development of work ethic and technical skills, especially among engineers, so that India can compete with China. Bhatia also highlights the accessibility of education and critical thinking as a solution for long-term development.
India’s central bank lowered its policy rate to 6 percent as growth slows and inflation eases. This is the lowest interest rate level since September 2022. At the same time, the United States introduced 26 percent tariffs on Indian products, but the impact is estimated to be less significant for India than for other countries (this has already been discussed in this thread)
The central bank signaled potential further easing and aims to stimulate the economy. Forecasted GDP growth is slowing to 6.5 percent.
"Key Points
https://www.cnbc.com/2025/04/09/rbi-delivers-second-straight-rate-cut-as-us-tariffs-kick-in-.html
India’s negotiating position with the United States is stronger than many other Asian countries, as its economy is not as heavily reliant on goods exports. Although Trump’s tariffs cause uncertainty, their impact on India will remain minimal in the short term.
India’s exports are diversified, and IT services, in particular, which are not subject to tariffs, constitute a large part of its exports to the United States.
https://www.cnbc.com/2025/04/10/trump-tariff-trade-war-china-india-vietnam-impact.html
India’s cautious approach to international trade may prove to be an advantage amidst global economic uncertainty - self-reliance is cool! Although high tariffs and protectionist policies have limited export competitiveness, the country’s large domestic market has supported growth.
Experts emphasize that long-term success requires lowering tariffs, strengthening export industries, and strategically opening to new markets, such as the EU and Canada.
A bit of a repeat, in part. The United States suspended the implementation of new tariffs on Indian import products for 90 days, offering relief to Indian exporters.
Both countries are reportedly aiming for a “win-win” trade agreement during the summer, and the terms of the first phase are said to be already complete. Trade negotiations continue actively, with the goal of increasing bilateral trade to $500 billion by 2030.
“The broader goal of the talks is ambitious: to lift bilateral trade to $500 billion by 2030, up from the current $191 billion. The first phase of the deal is expected to wrap up later this year.”
Below is a Bloomberg article, which is behind a paywall for those without access and who have already read their free articles.
Amidst the trade war, global investors consider India a safe haven, according to the article. The country’s large domestic market, low dependence on the United States, and constructive approach to the Trump administration make it a more stable alternative compared to China.
India also benefits from shifting supply chains, government investments, and strong support from domestic investors, and although some sectors are vulnerable, the overall outlook remains stable and growth expectations are above 6 percent.
I apologize, there was quite a bit of repetition of my old points here.
Meanwhile, the Reserve Bank of India’s back-to-back rate cuts and liquidity injections have eased bond yields, which will aid the government’s borrowing program to fund infrastructure development.
Even with the trade war-related uncertainty, the Indian economy can grow by more than 6% given that the RBI “has decisively now started to support the economy,” said Vivek Bhutoria, a fund manager at Federated Hermes in London, noting that he has added exposure to the market.
India’s inflation slowed to 3.34 percent in March, falling below expectations.
According to the central bank, this provides more room for interest rate cuts to support economic growth, in addition to economic growth slowing significantly from the previous year, partly due to the impact of US tariffs.
“Reciprocal” tariffs will directly shave off 0.5 percentage point from India’s full-year growth for the financial year ending March 2026, according to HSBC. There could be indirect and second-order impacts from factors including slower export volumes and weaker foreign direct investment flows, the bank added.
https://www.cnbc.com/2025/04/15/india-cpi-slows-in-march-as-food-prices-continue-to-weaken.html
The United States remained India’s most important export destination, while China was the largest source of imports.
According to India’s Ministry of Commerce, imports from China grew significantly, but exports to China clearly decreased, leading to a record trade deficit. India hopes to benefit from the US-China tariff dispute but is also concerned about potential cheap imports. Experts say that India should strengthen its own production.
The article below states that in the midst of a trade war, India is increasingly seen as a safe haven for investors. This is justified by these reasons; the country’s consumer-driven economy, low dependence on exports, and a large domestic investor base offer protection from market fluctuations.
The fall in oil prices also supports the economy, because India is a large net importer. The local stock market has also been more stable than in several other regions, though not stable in an absolute sense. Increasingly, analysts consider India a more attractive option.
"Key Points
https://www.cnbc.com/2025/04/17/could-india-be-a-hedge-against-trade-wars-and-tariffs.html
According to Columbia University Professor Nirupam Bajpai, India has the potential to become the world’s second-largest economy in the next 20 years, and while employment growth remains a challenge, India has already made significant progress in areas such as education, healthcare, and manufacturing.
Bajpai said that the Narendra Modi govt is working on multiple fronts simultaneously for a developed India and unprecedented success has been achieved in areas such as education, skill development, financial inclusion, direct benefit transfer (DBT), Aadhaar linkage, and mortality rates, among others.
Below is a Reuters story about how Reserve Bank of India Governor Sanjay Malhotra warned in his speech about the threat of dwindling liquidity in the call money market, which could weaken monetary policy transmission.
He urged banks to quickly transmit the central bank’s actions directly to the market, deepen government bond markets, among others, and strengthen risk management, competition, and efficiency in derivative markets.
Liquidity has recently turned into a surplus as a result of RBI’s support measures.
Banks - the entities with sole access to the RBI’s liquidity facilities, the call money market and the repo markets - must be proactive to ensure that the central bank’s liquidity measures are “promptly and seamlessly” transmitted to the broader market, Malhotra told a conference in India on Friday that was uploaded to the RBI website on Saturday.
Pääministeri Modin kansliapäällikkö korosti, että Intian on luotava 8–10 miljoonaa työpaikkaa vuosittain.
Hän kehotti opiskelijoita hankkimaan sekä teknistä tietämystä että käytännön taitoja. Hänen mukaan tämä on välttämätöntä, jotta opiskelijat voivat menestyä työmarkkinoilla ja lisäksi edistää Intian talouskasvua.
He praised the world-class campus infrastructure and said, "IIM Sambalpur in its decade of existence has earned a reputation for integrating various activities. The institute upholds core values of innovation, integrity and inclusiveness. It has incorporated artificial intelligence into its educational framework, which is a significant initiative. I commend IIM Sambalpur for launching the Master Weavers program for the weavers of Western Odisha; this is a commendable effort and contributes to th …
U.S. Vice President Vance arrived in India for a four-day visit and will meet Prime Minister Modi.
The aim is to strengthen relations with the Trump administration and avoid looming tariff increases; in addition, discussions also concern defense cooperation and potential arms procurements.
Modi and Vance are expected to review progress made on the bilateral agenda outlined in February when the Indian leader met President Donald Trump in Washington. It includes “fairness” in their two-way trade and growing their defence partnership.
Goldman Sachs estimates that the Indian economy is increasingly less dependent on a slowdown in the US economy. Despite this, the stock markets of both countries show similarities in their movements.
While the direct exposure of the Indian economy to a weakening US economy is limited, investor sentiment and global market forces still create a connection between the stock markets of the two countries.
“From 2005 to 2023, the Nifty 50 and S&P 500 indices showed some differences in returns and volatility. However, they also displayed a significant correlation, largely reflecting global market trends and investor sentiment.”
U.S. Vice President Vance and Indian Prime Minister Modi emphasized progress in trade negotiations between the countries during Vance’s four-day visit to New Delhi.
The United States considers the trade relationship unbalanced, and both parties are committed to continuing negotiations. The goal is to double the trade volume to 500 billion dollars by 2030, as has been previously mentioned in the thread.
"Key Points
https://www.cnbc.com/2025/04/22/modi-and-vance-tout-significant-progress-on-india-us-trade-deal.html
India’s stock market has recovered from early April lows despite an earlier decline and other international trade tensions.
The Nifty 50 index has risen by about 10 percent since April 7, but is still more than 7 percent below its all-time high. Domestic investors have supported the market, offsetting sales by foreign investors.
Analysts also see corporate profitability bottoming out in certain sectors and expect fewer downward revisions to earnings forecasts going forward.
https://www.cnbc.com/2025/04/24/have-india-stocks-bottomed.html
Not directly related to the Indian stock market, but recent news about the tightening of relations between India and Pakistan due to a terrorist attack in the Kashmir region did make me ponder the topic from an investment perspective as well. Although tensions in that region are not a new thing, especially in this day and age, a possible escalation does not sound good. China also has a hand in the pot, as it controls a part of Kashmir.
India’s economic growth is forecast to be slightly slower than before, as US tariffs have slightly weakened this country’s performance and have also raised concerns about investments.
Although GDP growth is still over 6 percent, the country’s economy still suffers from unemployment problems and investments have remained low. Tariffs and uncertainty particularly affect private investments and consumption.
This fiscal year’s forecast is a downgrade from 6.5% in a March poll but is slightly above the International Monetary Fund’s recently-updated forecast for 6.2%. But it is a dramatic slowdown from the fiscal year 2023-24 when the economy grew 9.2%.
The Kashmir incident has strained relations between India and Pakistan, which is starting to show in the economy.
The killing of 26 men on Tuesday in Indian-administered Kashmir, the deadliest attack on civilians in the Himalayan region in a quarter of a century, triggered public outrage across the world’s most populous country.
Pakistan has closed its airspace to Indian flights. Trade between the countries has also been halted. Indirect trade through third countries is, however, significantly larger.
Trump estimated that the United States and India are close to a trade deal. At the same time, progress is also being made in negotiations with Japan and South Korea.
A potential tariff agreement with India could make the country a more attractive investment destination, according to the story below. The White House is working on a broader strategy with its trade partners; China is currently excluded.
https://www.cnbc.com/2025/04/29/trump-india-trade-deal-bessent-south-korea-japan.html