Bhubaneswar, April 16 -- India slipped to the sixth position among the world's largest economies, falling behind the United Kingdom, according to a recent report published on April 15. The development is based on the latest nominal GDP estimates, which place India's economy at around $4.1-4.2 trillion.

With this shift, the global ranking now stands with the United States and China firmly holding the top two positions, followed by Germany and Japan. The United Kingdom has moved ahead to occupy the fifth spot, pushing India to sixth place. The change marks a departure from India's earlier standing within the top five economies.

The report attributes this decline primarily to external economic factors rather than any structural slowdown wi...