
India will be the third largest economy in the world with a GDP of five trillion dollars, Finance Minister said this
India will become the world's third largest economy with a GDP of more than five trillion dollars by 2027-28.

India will become the world's third largest economy with a GDP of more than five trillion dollars by 2027-28.

RBI Governor said geopolitical uncertainty is the biggest risk to global growth.

The World Bank has retained India's gross domestic product (GDP) growth forecast for fiscal year 2023-24 at 6.3 percent.

The Centre's fiscal deficit reached 36 per cent of the full-year target in the first five months of the financial year 2023-24.

The Reserve Bank of India had estimated the GDP growth rate to be 7.8 percent in the April-June quarter.

The Global Economic Situation and Prospects-2023 report states that global output growth is projected to decline from an estimated three per cent in 2022 to 1.9 per cent in 2023,