India likely to surpass UK in largest economy rankings of 2019: PwC Report
5 years, 11 months ago

India likely to surpass UK in largest economy rankings of 2019: PwC Report

India Today  

India and France are likely to surpass the UK in the 2019 rankings of world's largest economies, according to the latest projections by British consultancy multinational PwC. PwC's annual Global Economy Watch projects real GDP growth in 2019 of 7.6 per cent for India 1.6 per cent for the UK, and 1.7 per cent for France. "India and France are likely to surpass the UK in the world's largest economy rankings in 2019, knocking it from fifth to seventh place in the global table," the report said. "India should return to a healthy growth rate of 7.6 per cent in 2019-20 if there are no major headwinds in the global economy such as enhanced trade tensions or supply-side shocks in oil," it said.

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History of this topic

The UK is open for business and India features high on its speed-dial
1 month, 1 week ago

The UK is open for business and India features high on its speed-dial

Live Mint  

Prime Minister Keir Starmer and Prime Minister Narendra Modi sat down together at the G20 Summit in Brazil for what both have described as an extremely productive meeting. And initiatives like the UK-India Infrastructure Financing Bridge between Niti Aayog and the City of London are bringing the UK’s financing expertise to bear in supporting India’s growth. A new National Wealth …

India ranks 3rd globally with 185 billionaires in 2024, wealth up 42%: Report
1 month, 1 week ago

India ranks 3rd globally with 185 billionaires in 2024, wealth up 42%: Report

Live Mint  

India has emerged as the third-largest hub for billionaires globally, boasting 185 individuals in 2024, according to UBS’ latest Billionaire Ambitions Report. Billionaire Wealth Surges in India The collective net worth of India’s billionaires soared by 42.1% over the past year to $905.6 billion, reflecting the country’s strong economic momentum. Meanwhile, China experienced a decline, losing 93 billionaires as its …

India's growth offers phenomenal opportunities to American investors: K V Subramanian
1 month, 1 week ago

India's growth offers phenomenal opportunities to American investors: K V Subramanian

Deccan Chronicle  

Washington: Of the belief that India is headed to be a USD 55 trillion economy by 2047, India's Executive Director at the IMF Dr K V Subramanian said India's growth offers phenomenal opportunities to American investors. "The opportunities that are available for the American investors actually are phenomenal., I don't think there is any other economy that is actually going …

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025
6 months, 3 weeks ago

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

Times of India  

NEW DELHI: The International Monetary Fund has forecast that India's GDP is likely to grow to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025. "In India, the outlook is for GDP growth to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025, because pent-up demand accumulated during the pandemic has been …

India to remain fastest growing Asia-Pacific economy in 2024, predicts Moody's
7 months ago

India to remain fastest growing Asia-Pacific economy in 2024, predicts Moody's

India TV News  

Moody's latest Ratings revealed that India is poised to maintain its position as the Asia-Pacific region's top-performing economy in 2024, continuing the robust growth driven by domestic factors seen last year. India to remain fastest growing economy: World Bank Earlier this week, a Work Bank report stated that India will remain the fastest-growing major economy recording a steady growth of …

India’s Growth to Steady at 6.7% Till 2026: World Bank
7 months ago

India’s Growth to Steady at 6.7% Till 2026: World Bank

Deccan Chronicle  

Chennai: India will remain the fastest-growing of the world’s largest economies, although its pace of expansion is expected to moderate, finds the World Bank. While retaining the GDP growth forecast for FY24 and FY25 at 6.6 per cent and 6.7 per cent respectively, the World Bank estimated the country to clock 6.8 per cent growth in FY26. Growth in industrial …

India all set to overtake Japan as fourth largest economy by 2025, predicts Amitabh Kant
8 months ago

India all set to overtake Japan as fourth largest economy by 2025, predicts Amitabh Kant

India TV News  

Citing various macroeconomic parameters that are doing pretty well, India's G20 Sherpa and former CEO of Niti Aayog Amitabh Kant projected that the country is all set to overtake Japan as 4th largest economy in the world by 2025. Some highlights of India's journey to the top 5 economies of the world in 2024 from Fragile 5 in 2013, according …

P Chidambaram's ‘no magic’ barb at PM Modi on ‘India becoming 3rd largest economy’
8 months, 2 weeks ago

P Chidambaram's ‘no magic’ barb at PM Modi on ‘India becoming 3rd largest economy’

Hindustan Times  

Former finance minister P Chidambaram said India will become the third largest economy in the world regardless of who becomes the PM, describing Prime Minister Narendra Modi as a “master of exaggeration” for “turning an arithmetic inevitability into a guarantee”. Former finance minister P Chidambaram said India would achieve the feat given the size of its population and there was …

India’s Q3 GDP bucks all estimates at 8.4% growth
10 months, 2 weeks ago

India’s Q3 GDP bucks all estimates at 8.4% growth

Hindustan Times  

The Indian economy continued to outperform, with GDP growth in the quarter ending December coming in at 8.4%, beating analyst estimates by around 180 basis points or 1.8 percentage points, and the government now expects the economy to grow by 7.6% in 2023-24, up from the 7.3% projected in January. Given the fact that GDP numbers for 2021-22 and 2022-23 …

Indian economy to grow close to 7% in FY25, hit $7 trillion by 2030: FinMin
11 months, 2 weeks ago

Indian economy to grow close to 7% in FY25, hit $7 trillion by 2030: FinMin

Live Mint  

Even as the finance ministry expects FY24 economic growth to exceed the central bank’s projection of 7%, it also expects growth in the following year, FY25, to be close to 7%, even though geopolitical risks could lead to supply chain disruptions and a rise in inflation. The ministry’s latest monthly economic review also said that under reasonable assumptions, India can …

Indian economy likely to grow at 7% in FY25, says government
11 months, 2 weeks ago

Indian economy likely to grow at 7% in FY25, says government

India Today  

The Indian economy is poised for a growth rate of 7 per cent in the fiscal year 2024, with optimistic projections extending into FY25, according to a review of the Indian economy presented by the government. "The robustness seen in domestic demand, namely, private consumption and investment, traces its origin to the reforms and measures implemented by the government over …

India Ratings Raises FY24 GDP Growth Estimate to 6.7% from 6.2%
1 year ago

India Ratings Raises FY24 GDP Growth Estimate to 6.7% from 6.2%

News 18  

India Ratings and Research has revised upwards its GDP growth estimate for FY24 to 6.7 per cent, from 6.2 per cent earlier, on the back of the resilience of the Indian economy, sustained government capex, and sustained momentum in business and software services exports, among others. “This has been led by a number of factors: i) the resilience of the …

India Projected to Become World's Third-Largest Economy by 2030
1 year, 1 month ago

India Projected to Become World's Third-Largest Economy by 2030

Deccan Chronicle  

New Delhi: American credit rating agency S&P Global Ratings said on Tuesday that India will become the world’s third largest economy by 2030 as it forecast the country’s gross domestic product or GDP growth reaching 7 per cent in the 2026-27 fiscal year. “India is set to become the third-largest economy by 2030, and we expect it will be the …

India to be world's third-largest economy by 2030: S&P
1 year, 1 month ago

India to be world's third-largest economy by 2030: S&P

The Hindu  

India will remain the fastest-growing major economy for at least the next three years, setting it on course to become the world's third-largest economy by 2030, S&P Global Ratings said in a report. India's gross domestic product grew a bigger-than-expected 7.6% in the second quarter of fiscal 2024, data showed last week, which prompted several brokerages to raise their full-year …

India to surpass Japan to become second largest economy in Asia by 2030, says S&P Global
1 year, 2 months ago

India to surpass Japan to become second largest economy in Asia by 2030, says S&P Global

India TV News  

Indian economy: India, the world's fifth largest economy in the world, is likely to overtake Japan to become the world's third-largest economy with a GDP of USD 7.3 trillion by 2030, S&P Global Market Intelligence said in its latest issue of PMI. The acceleration of foreign direct investment inflows into India over the past decade reflects the favourable long-term growth …

World Bank maintains India's GDP growth at 6.3 % for FY24
1 year, 3 months ago

World Bank maintains India's GDP growth at 6.3 % for FY24

Hindustan Times  

The World Bank on Tuesday projected that India's economy will grow at 6.3% in the ongoing fiscal year, maintaining a projection that it first gave in April, months after its December 2022 estimate of 6.6% for FY23-24. World Bank maintains India current fiscal year growth forecast at 6.3% India's FY 2022-23 growth of 7.2% shows that the country ‘continues to …

Analysing where India stands in the G20 | Data
1 year, 3 months ago

Analysing where India stands in the G20 | Data

The Hindu  

On September 9 and 10, India hosted the 18th G20 Summit in New Delhi, focusing on the theme ‘One Earth, One Family, One Future.’ Food security, climate change, energy, development, healthcare, and digitalisation were deliberated upon at the global forum, formed to discuss economic and financial matters. Click to remove AMP mode In 1970, with a GDP per capita of …

India Should Be $5 Tn Economy by 2027-28, Says Member of EAC-PM Sanyal After Modi’s ‘Guarantee’
1 year, 5 months ago

India Should Be $5 Tn Economy by 2027-28, Says Member of EAC-PM Sanyal After Modi’s ‘Guarantee’

News 18  

With Prime Minister Narendra Modi declaring that India is expected to be the world’s third largest economy in the next five years on the 77th Independence Day from the ramparts of the Red Fort on Tuesday morning, Sanjeev Sanyal, member of Economic Advisory Council to the Prime Minister, spoke exclusively to News18 in which he stressed that more economic reforms …

India’s GDP has touched $3.75 trillion-mark in 2023: Nirmala Sitharaman
1 year, 7 months ago

India’s GDP has touched $3.75 trillion-mark in 2023: Nirmala Sitharaman

Live Mint  

India's gross domestic product has touched the $3.75 trillion-mark in 2023 so far from around $2 trillion in 2014, said finance minister Nirmala Sitharaman on June 12. Recent government data revealed that India's GDP grew by 6.1 per cent in the fourth quarter of fiscal year 2022-23 beating Street estimates. Recently, ratings agency Moody's estimated the Indian economy to clock …

'GDP growth exemplifies tenacity of people amid global challenges': PM Modi lauds India's outstanding economic progress
1 year, 7 months ago

'GDP growth exemplifies tenacity of people amid global challenges': PM Modi lauds India's outstanding economic progress

Firstpost  

According to data released by the National Statistical Office, India’s economy will see an overall growth of 7.2 per cent in FY23. The country has witnessed steady growth among some of the fastest-growing economies including China and the US Lauding the Indian economy’s exceptional growth in Q4 FY23, Prime Minister Narendra Modi said that the latest figures by National Statistical …

India's GDP grows at 6.1 per cent in January-March 2023: Government data | DETAILS
1 year, 7 months ago

India's GDP grows at 6.1 per cent in January-March 2023: Government data | DETAILS

India TV News  

India's GDP Growth: National Statistical Office on Wednesday released data mentioning that India's economy grew 6.1 percent in the fourth quarter of 2022-23. According to data released by the National Statistical Office, the Gross Domestic Product had expanded by 4 percent in the January-March period of 2021-22. The economy expanded 7.2 per cent in 2022-23 against a 9.1 per cent …

India jumps 6 places on World Bank's Logistic Performance Index
1 year, 8 months ago

India jumps 6 places on World Bank's Logistic Performance Index

India TV News  

Business news: India has climbed six places on the World Bank's Logistic Performance Index 2023, now ranking 38th in the 139 countries index, as a result of significant investments in both soft and hard infrastructure as well as technology. The report said: “Since 2015, Government of India has invested in trade-related soft and hard infrastructure connecting port gateways on both …

India will become world’s third largest economy by…
1 year, 9 months ago

India will become world’s third largest economy by…

Live Mint  

Union Minister Piyush Goyal said that India will become the third-largest economy by 2027. Prior to him, former chairman of NITI Aayog Arvind Panagariya had said that the country will become the world's third-largest economy by 2027-28. The SBI's Economic Research Department predicted that India would surpass Germany in 2027 and most likely Japan by 2029 at the current rate …

World Bank slashes India’s GDP growth forecast to 6.3%
1 year, 9 months ago

World Bank slashes India’s GDP growth forecast to 6.3%

Hindustan Times  

The World Bank on Tuesday cut India’s growth forecast for 2023-24 to 6.3% from its December estimate of 6.6% amid global headwinds and with rising borrowing costs and slower income growth leading to a moderation in consumption, even as its country director Auguste Tano Kouame said the Indian economy continues to show strong resilience to external shocks. World Bank slashes …

Economic Survey 2022-23 Highlights: 6.5% FY24 GDP Growth, Inflation To Be 'Less Stiff', CAD Concerns
1 year, 11 months ago

Economic Survey 2022-23 Highlights: 6.5% FY24 GDP Growth, Inflation To Be 'Less Stiff', CAD Concerns

News 18  

A day ahead of the Budget 2023, Finance Minister Nirmala Sitharaman on Tuesday presented the Economic Survey 2022-23 in Parliament. According to the Survey, India’s economic growth for the next financial year 2023-24 is pegged at 6-6.8 per cent with a baseline real GDP growth of 6.5 per cent. Here’re the highlights of the Economic Survey 2022-23: India’s Economic Growth …

Economic Survey: GDP to grow at 6.5% in 2023-24 compared to 7% this fiscal
1 year, 11 months ago

Economic Survey: GDP to grow at 6.5% in 2023-24 compared to 7% this fiscal

Hindustan Times  

Union finance minister Nirmala Sitharaman on Tuesday tabled the economic survey 2022-23 in Parliament. The economic survey forecast India's economy to grow at 6.5 per cent in 2023-24, compared to 7 per cent this fiscal and 8.7 per cent in 2021-22. The economic survey forecast its economy will grow 6 per cent to 6.8 per cent in the next financial …

Economic Survey: GDP to grow at 6.5% in 2023-24 compared to 7% this fiscal
1 year, 11 months ago

Economic Survey: GDP to grow at 6.5% in 2023-24 compared to 7% this fiscal

Hindustan Times  

Union finance minister Nirmala Sitharaman on Tuesday tabled the economic survey 2022-23 in Parliament. The economic survey forecast India's economy to grow at 6.5 per cent in 2023-24, compared to 7 per cent this fiscal and 8.7 per cent in 2021-22. The economic survey forecast its economy will grow 6 per cent to 6.8 per cent in the next financial …

Indian GDP to grow 5.8%: UN
1 year, 11 months ago

Indian GDP to grow 5.8%: UN

Deccan Chronicle  

Chennai: As higher interest rates and a global slowdown weigh in on investment and exports, India is expected to grow at 5.8 per cent in 2023 and 6.7 per cent in 2024. Similarly, in South Asia, the economic outlook has significantly deteriorated due to high food and energy prices, monetary tightening and fiscal vulnerabilities and average GDP growth is projected …

World Bank raises India FY23 GDP growth forecast to 6.9%
2 years, 1 month ago

World Bank raises India FY23 GDP growth forecast to 6.9%

Live Mint  

The World Bank on Tuesday raised India’s economic growth forecast for the current financial year to 6.9% from its October estimate of 6.5% citing the economy’s resilience in the face of challenging external environment and the September quarter performance. While the deteriorating external environment will weigh on India’s growth prospects, the economy is relatively well positioned to weather global spillovers …

India’s GDP growth forecast upgraded to 6.9% for FY23 by World Bank
2 years, 1 month ago

India’s GDP growth forecast upgraded to 6.9% for FY23 by World Bank

India TV News  

The World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23, saying the economy was showing higher resilience to global shocks. In October, it had cut India's GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. India's gross domestic product, which grew 8.7 per cent in previous 2021-22 financial …

India to become third-largest economy by 2027: Report
2 years, 2 months ago

India to become third-largest economy by 2027: Report

India Today  

India will surpass Japan and Germany to become the third-largest economy by 2027, according to a report by Morgan Stanley. According to the report, India is the fastest-growing economy in the world and its gross domestic product could double from the current $3.5 trillion to over $7.5 trillion by 2031. India’s share of global exports could also double over that …

‘There is one shining star…’: Harsh Goenka on Indian economic growth
2 years, 2 months ago

‘There is one shining star…’: Harsh Goenka on Indian economic growth

Live Mint  

RPG Enterprise Chairman Harsh Goenka, hailing the growth of Indian economy, on Tuesday said there is one shining star that has steadily been rising up the ranks, while the world grapples with inflation, political instability, energy crisis, and currency collapse. The data shows that China's economic growth forecast stands at 3.2%, US 2.6%, Brazil 2.8%, South Africa 2.1%, and Euro …

China's Zhao Lijian 'corrects' Western media on India dislodging the UK to become the 5th largest economy
2 years, 3 months ago

China's Zhao Lijian 'corrects' Western media on India dislodging the UK to become the 5th largest economy

Op India  

Chinese Foreign Ministry spokesperson Zhao Lijian on Tuesday corrected the Western media’s take on India displacing the United Kingdom in becoming the 5th largest economy in the world. “Stop describing the world from the perspective of colonists,” Lijian tweeted while sharing a ‘corrected’ version of Bloomberg UK’s tweet on India’s leap to the 5th largest economy in the world. India …

Number Theory: Fine print of India’s fifth largest economy status
2 years, 4 months ago

Number Theory: Fine print of India’s fifth largest economy status

Hindustan Times  

India has surged past United Kingdom to become the fifth largest economy in the world, IMF said on September 2. A historical look at India’s global GDP ranking A historical look at the IMF’s World Economic Outlook database shows that the Indian economy has made rapid gains in terms of global GDP ranking in the past decade and half. IMF’s …

DC Edit | Growth: India must aim higher
2 years, 4 months ago

DC Edit | Growth: India must aim higher

Deccan Chronicle  

India has finally overtaken its erstwhile colonial master, the United Kingdom, in terms of the size of the economy — the first time after nearly 150 years. In October 2016, India’s GDP was $2.29 trillion compared to $2.34 trillion of the Brexit-mauled UK economy — a difference of just $50 billion — which was expected to be erased by 2017. …

Uday Kotak gives a ’reality check’ as Indian economy becomes world’s 5th largest
2 years, 4 months ago

Uday Kotak gives a ’reality check’ as Indian economy becomes world’s 5th largest

Live Mint  

India has become the world's 5th largest economy, overtaking Britain and the unprecedented moment is hailed by several industrialists, business tycoons, and bankers. Ace banker Uday Kotak, the managing director of Kotak Mahindra Bank also hailed India for achieving such an impressive milestone but he also gave a reality check on the "population denominator". Kotak wrote, "Proud moment for India …

Indian Economy Likely To Become World's Third Largest By 2029: SBI Report
2 years, 4 months ago

Indian Economy Likely To Become World's Third Largest By 2029: SBI Report

News 18  

Even as India has surpassed the UK in terms of gross domestic product to become the fifth largest economy, an SBI report now says that the Indian economy is expected to become the third largest in the world by 2029, overtaking Germany and Japan as well. The share of India’s GDP is now at 3.5 per cent, as against 2.6 …

India set to become 3rd largest economy by 2030, say experts
2 years, 4 months ago

India set to become 3rd largest economy by 2030, say experts

India TV News  

Highlights India overtook the United Kingdom as the fifth largest economy in the world Now, experts suggest that by 2030 India will become the third largest economy globally This is 2nd time India has beaten the UK in terms of economy, with the first one being in 2019 Indian economy news : After India overtook the United Kingdom as the …

India to be 2nd biggest economy in world by 2047: Commerce secretary
2 years, 4 months ago

India to be 2nd biggest economy in world by 2047: Commerce secretary

Live Mint  

Commerce secretary BVR Subrahmanyam said on Saturday India will become the second largest economy in the world by 2047. The commerce secretary also said India's exports grew by 17 percent year-on-year in the first five months of the current financial year. From April-August 2022-23, India's merchandise export was $192.59 billion compared to $164.44 billion in the corresponding period last year. …

India overtakes UK to become 5th largest economy in the world
2 years, 4 months ago

India overtakes UK to become 5th largest economy in the world

Deccan Chronicle  

NEW DELHI: India has overtaken the UK to become the world's fifth-largest economy and is now behind only the US, China, Japan and Germany, according to IMF projections. "Proud moment for India to pip the UK, our colonial ruler, as the 5th largest economy: India $3.5 trillion vs UK $3.2 trillion. India's GDP expanded 13.5 per cent in the April-June …

India overtakes U.K. to become fifth largest economy in the world
2 years, 4 months ago

India overtakes U.K. to become fifth largest economy in the world

The Hindu  

September 03, 2022 04:50 pm | Updated 06:10 pm IST - New Delhi: India has overtaken the U.K. to become the world's fifth-largest economy and is now behind only the US, China, Japan and Germany, according to IMF projections. "Proud moment for India to pip the U.K., our colonial ruler, as the 5th largest economy: India $3.5 trillion vs UK …

India becomes fifth-largest economy: What analysts are saying
2 years, 4 months ago

India becomes fifth-largest economy: What analysts are saying

Live Mint  

India has overtaken the UK to become the fifth-largest economy in the world. According to figures from the International Monetary Fund, India passed the United Kingdom to become the fifth-largest economy in the world in the last quarter of 2021. "Proud moment for India to pip UK, our colonial ruler, as the 5th largest economy," Uday Kotak, Chief Executive Officer, …

Not Only Economy, India is Zooming Past Most Nations in Food, Heritage & Languages
2 years, 4 months ago

Not Only Economy, India is Zooming Past Most Nations in Food, Heritage & Languages

News 18  

India has leapt past the UK in the last three months of 2021 to become the fifth-biggest economy in the world, according to International Monetary Fund data. The development comes just days after government data showed that India’s GDP rose 13.5 per cent in the June 2022 quarter of the FY 23. GDP Expands in First Quarter India’s economy grew …

India leaps past UK to become world's fifth-largest economy
2 years, 4 months ago

India leaps past UK to become world's fifth-largest economy

India Today  

India surpassed Britain on Saturday to become the world’s fifth largest economy. According to GDP figures from the International Monetary Fund, the UK’s economy dropped behind India in its first quarter. The IMF's own forecasts suggest that India could potentially surpass the UK in dollar terms on an annual basis in 2022. On an adjusted basis and using the dollar …

India overtakes UK to become world\'s fifth biggest economy
2 years, 4 months ago

India overtakes UK to become world\'s fifth biggest economy

Deccan Chronicle  

Britain has dropped behind India to become the world’s sixth largest economy, delivering a further blow to the government in London as it grapples with a brutal cost-of-living shock. Conservative Party members choose Boris Johnson’s successor on Monday, with Foreign Secretary Liz Truss expected to beat former Chancellor of the Exchequer Rishi Sunak in the run-off. Overtaken The Indian economy …

India becomes the 5th largest world economy, overtakes UK
2 years, 4 months ago

India becomes the 5th largest world economy, overtakes UK

Op India  

India has overtaken the United Kingdom to become the 5th largest economy in the world, reported Bloomberg. Britain drops behind India to become the world’s sixth largest economy The former British colony jumped past the UK in the final three months of 2021 to become the fifth-biggest economy ⬇️ https://t.co/HT2xeFoIbr — Bloomberg UK September 2, 2022 “The UK’s decline down …

India beats UK to become world's fifth largest economy
2 years, 4 months ago

India beats UK to become world's fifth largest economy

India TV News  

India fifth largest economy: India overtook Britain to become the world's fifth-largest economy, reported Bloomberg. The Indian economy managed to topple the UK from its standing over the last three months of 2021. The report stated that the size of the Indian economy in 'nominal' cash terms in the March quarter was $854.7 billion while UK's stood at $816 billion. …

UK slips behind India to become world’s sixth biggest economy
2 years, 4 months ago

UK slips behind India to become world’s sixth biggest economy

Live Mint  

Britain has dropped behind India to become the world’s sixth largest economy, delivering a further blow to the government in London as it grapples with a brutal cost-of-living shock. The former British colony leaped past the UK in the final three months of 2021 to become the fifth-biggest economy. Conservative Party members choose Boris Johnson’s successor on Monday, with Foreign …

UK slips behind India to become world’s sixth biggest economy
2 years, 4 months ago

UK slips behind India to become world’s sixth biggest economy

Hindustan Times  

Britain has dropped behind India to become the world’s sixth largest economy, delivering a further blow to the government in London as it grapples with a brutal cost-of-living shock. The former British colony leaped past the UK in the final three months of 2021 to become the fifth-biggest economy. Conservative Party members choose Boris Johnson’s successor on Monday, with Foreign …

British economy falls behind India as recession looms
2 years, 4 months ago

British economy falls behind India as recession looms

The Telegraph  

India has overtaken the UK as the world’s fifth largest economy as Britain teeters on the brink of recession. The world’s second-most populous nation overtook the UK in the last quarter of 2021 and has since continued to increase its lead, according to an analysis of International Monetary Fund data by Bloomberg. While British growth was sluggish in the first …

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