Updated: 22-01-2017 17:42:31 IST
According to report published in Forbes magazine, India has surpassed its colonial masters United Kingdom to become world’s sixth-largest economy in GDP terms for first time after nearly 150 years. Following the change in the rankings, India’s economy now stands behind the United States, China, Japan, Germany and France. Key Facts India has managed to overtake UK owing to Britain’s recent Brexit-related problems and its rapid economic growth followed by downslide in the value of the pound. UK’s economy is expected to grow by 1.8% in 2016 and slow down to 1.1% in 2017. I......Wed, December 28, 2016 - 03:33 PMMore..