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GDP’s Fine, But About Net Income?

23 0
03.06.2025

The Indian economy remains on the fast track, with the Reserve Bank of India pegging the 4th quarter growth at 7.4 per cent, taking the 2025 fiscal growth to 6.5 per cent. This is after the Indian economy had cruised along at 9.2 per cent (FY 2024), 7.2 per cent (FY 2023) and 8.7 per cent (FY 2022).

So, how does this place us on the global arena, as we get ready to sail past Japan and stake a claim to becoming the fourth largest economy in the world? According to IMF projections, India’s GDP, the common denominator for the valuation of a country’s economy, at $3.9 trillion, is playing catch-up with Japan, at $4.02 trillion. What........

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