Categories: FinanceIndiaWorld

Another feather in the crown: India now  world’s fifth biggest economy

The most awaited news has broken the ice. India has soared to become the numero 5 in the world as one of the top five economies.

India has lagged behind Britain to become the world’s fifth biggest economy. On the other hand UK has dropped behind India becoming the sixth largest economy in the global ranking.

The United Kingdom delivers another blow to the government in the capital grappling with a brutal cost-of-living shock now. This elevation is just after India’s tycoon Gautam Adani became the world number three in the individual financial business ranking.

Two hundred years of British colonialism is no more a history since the once slave India has leaped past Britain in the final three months of 2021 towards proceeding to becoming the fifth-biggest economy.

In the global economy ranking the calculation is done in US dollars, where India raised its in the first quarter in accordance with the GDP figures release by the International Monetary Fund.

Parijat Tripathi

Recent Posts

ED Registers Money Laundering Case In 52 kg Gold Seizure Incident

ED officially entered the investigation into the high-profile case involving the seizure of 52 kilograms…

2 mins ago

PM Modi Emphasizes Youth Empowerment & Education Reforms During Appointment Letter Distribution

Prime Minister Narendra Modi on Monday reiterated the importance of nurturing the potential of India's…

14 mins ago

Rouse Avenue Court To Hear Land-For-Jobs Scam Cases On January 16-17

The hearing was postponed as a key officer withheld permission to prosecute an alleged accused.…

42 mins ago

PM Modi Distributes Over 71,000 Appointment Letters; Highlights Youth-Centric Initiatives

On Monday, PM Modi distributed more than 71,000 appointment letters to newly recruited government employees…

1 hour ago

Man Sets Women Ablaze In NewYork Subway, Arrested

Describing the attack, New York Police Department Commissioner Jessica Tisch said, "As the train pulled…

1 hour ago

Bharat Express CMD Upendrra Rai To Highlight Media’s Role In Societal Empowerment

The Media Division Brahma Kumaris to commemorate the 9th death anniversary of Rajyogi Brahmakumar Omprakash…

1 hour ago