New Delhi, April 15 -- A downward revision in nominal gross domestic product (GDP) following the base-year revision and a sharp depreciation of the rupee have proved to be a setback for India's position in global ranking.

The country has slipped to the sixth rank in 2025 (FY26) and 2026 (FY27), falling behind the UK after claiming the fifth position for three straight years, showed the International Monetary Fund's (IMF) latest data.

At current prices, India's GDP is estimated to be $3.92 trillion in 2025 (FY26) and $4.15 trillion in 2026 (FY27). The UK's GDP is expected to be $4 trillion in 2025 and $4.26 trillion in 2026, respectively. Japan will be far ahead with $4.43 trillion and $4.38 trillion, respectively.







However, accord...