Defining moment: India overtakes Japan to become world’s fourth largest economy; enjoys ‘Goldilocks’ phase with high growth, low inflation
India has been the world’s fastest growing major economy for several years now. (AI image) In a major feat, India has moved past Japan to become the world’s fourth-largest economy in nominal GDP terms, according to the government’s year-end economic review. The economy is set to overtake Germany to become the third largest after the…
