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India set to be third largest economy, says S&P Global

IndiaTimes Tuesday, 5 December 2023
India is set to become the third largest economy and will be the fastest growing major economy for the next three years, global ratings agency S&P said in its latest report.The agency has forecast the economy to grow 7% in 2026 and has raised its gross domestic product growth rate to 6.4% from the earlier 6% in the current fiscal year, citing robust domestic demand.India is currently estimated to be the fifth largest economy with a GDP of $3.7 trillion.
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