Mumbai, Jan. 1 -- India has overtaken Japan to emerge as the world's fourth-largest economy. According to the government's end-of-year economic review, India's nominal GDP has reached $4.18 trillion, placing it behind only the United States, China and Germany. Official confirmation will follow once final annual GDP data is released in 2026, but International Monetary Fund (IMF) projections already indicate that India has crossed Japan.

Published by HT Digital Content Services with permission from Capital Market....