India has slipped one place to third slot when it comes to people's trust in the government, businesses, media and NGOs.
Within the high-income group, India was ranked fourth after Indonesia, Saudi Arabia and China.
While the low-income population made India the third most trusted nation after China and Indonesia.
India ranks low at 13th place when it comes to trust of people in other countries, in companies with Indian headquarters.
Canada topped this list of foreign-headquartered companies, followed by Japan, Germany, the UK, France and the US.
Mexico, South Africa, Saudi Arabia, China and Brazil also ranked higher than India.
Five of the largest 10 global economies were among the least trusting nations on the Trust Index: Japan (the least trusting at 37%), Germany (41%), the UK (43%), the US (47%) and France (48%).
Developing nations turned out to be more trusting -- China (77%), Indonesia (76%), India (75%) and the UAE (72) %.