Wednesday, December 21
"India Overtakes Britain as the World’s Sixth-Largest Economy"
By Robbie GramerDecember 20, 2016
Foreign Policy - The Cable
... India’s economy has reportedly overtaken the United Kingdom’s for the first time in over 100 years, now standing as the world’s sixth-largest economy by GDP after the United States, China, Japan, Germany, and France. The milestone is a symbol of India’s rapid economic growth and, conversely, the U.K.’s post-Brexit slump.
Economically, it’s been a banner year for India. In February, it surpassed China as the world’s fastest-growing economy. And in October, the International Monetary Fund predicted India would retain that title for the foreseeable future; its GDP is projected to increase by 7.6 percent through 2017. ...********