BUSINESS NEWS HEADLINES - 20 January 2026

India’s per capita income is projected to rise to $4,000 by 2030

Indian markets opened lower on muted global cues and trade worries. SBI projects India’s per capita income to hit $4,000 by 2030, while Oxfam notes record billionaire wealth growth raising inequality


  •  Indian markets opened lower on Monday, weighed down by muted global cues and fresh concerns around international trade tensions, with both the Sensex and Nifty 50 starting in the red.

  • India’s per capita income is expected to reach $4,000 by 2030, allowing it to move into the upper middle-income category with China and Indonesia, an SBI Research report said on Monday.

  • Billionaire wealth grew at triple its recent pace last year, reaching a record high and intensifying economic and political inequalities that risk undermining democratic stability, anti-poverty group Oxfam said on Monday.

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