New Delhi, Oct. 15 -- India is projected to become the world's fourth-largest economy in 2027, overtaking Japan, according to International Monetary Fund (IMF) projections released on Thursday.

India's nominal gross domestic product (GDP) is expected to reach $4.52 trillion in 2027, while Japan is projected to slip to sixth place, behind India and the United Kingdom.

The IMF's projections point to contrasting economic trajectories in Asia, with India maintaining strong growth momentum while Japan grapples with structural challenges, including an ageing population and rising import costs, AFP reported.

The IMF this week raised its forecast for India's economic growth in 2026 to 7%, despite global economic headwinds.

Speaking at the rel...