Jakarta overtakes Tokyo to become the most heavily-populated city in the world, with 42 million inhabitants, according to a November 2025 UN report on megacities.
India likely to overtake China on strong GDP growth.
India's crude oil imports from Russia saw a marginal decline in September, but continued to account for over one-third of the country's total oil purchases, despite US pressure to curb the trade over concerns that it supports Moscow's war effort in Ukraine. India's crude imports in September were around 4.7 million barrels per day, up 220,000 bpd month-on-month and flat year-on-year.
The death toll due to COVID-19 rose to 2,752 and the number of cases climbed to 85,940 on Saturday.
Commerce and Industry Minister Piyush Goyal on Tuesday expressed hope that India will conclude the proposed bilateral trade agreement (BTA) with the US by the fall or November this year. He said that "a little bit" of geopolitical issues overtook the trade matters in the negotiations for the pact between the two countries.
India's economy could reach $20.7 trillion in terms of purchasing power parity (PPP) by 2030 and may emerge as the second-largest economy by 2038 with $34.2 trillion GDP, an EY report said on Wednesday. The report also said that with appropriate countermeasures, India can limit the adverse impact of higher US tariffs on selected Indian imports to about 10 basis points of real GDP growth.
In the July-September period of this year, the domestic demand improved mainly due to Diwali demand and the upcoming marriage season.
...a time when his legacy ledger was still positive and before the debacle against China. With every subsequent election, our leaders tend to become weaker. India should consider passing a law that no person should hold the highest office in our country for more than two terms, points out Harishchandra.
China has dismissed global forecasts that a democratic India will overtake the Communist giant on the economic front by 2020, saying those predictions lacked "statistical evidence."
China has stayed on top for two consecutive months in the MSCI Emerging Markets Investable Market Index (EM IMI), after ceding the position to India in August. At the end of October, China's weight in the key EM gauge stood at 24.72 per cent, up from 21.58 per cent at the end of August. India's weight during this period has slipped to 20.42 per cent from 22.27 per cent.
China is racing ahead to overtake the United States in the economic race, while India and Pakistan are bogged down by problems.
Roubini said countries like India, Indonesia, Brazil and Turkey, with their increasing reliance on domestic markets, have a "distinct edge" over China which is still dependent on trade and a weak currency to spur its growth story.
Increased gold trade between India and Dubai scaled up trade between both the countries by 37.9 per cent at $11.8 billion in 2005, compared to the previous year.
India is all set to overtake the United States as the largest cotton exporter to China, the world's top cotton consumer and importer.
India is expected to overtake China with a population of 1.75 billion by 2050, according to the Population Reference Bureau, a United States body which supplies data to governments and institutions around the world.
One must wonder whether Mr Modi's efforts to wine and dine the Big Two of today's world were seen as a sign of weakness rather than a proffered arm of friendship, points out R Jagannathan.
India became the UAE's largest trading partner in 2009, ousting China from the top position and accounting for nearly 15 per cent of the countrys total commercial exchanges, a new study has revealed.
Citing various macroeconomic parameters that are doing pretty well, India's G20 Sherpa and former CEO of Niti Aayog Amitabh Kant projected that the country is all set to overtake Japan as 4th largest economy in the world by 2025. The size of India's GDP is currently ranked 5th, after the US, China, Germany, and Japan. It overtook the UK in 2022.
The textile and apparel sector is India's second-largest employment provider, after agriculture, and it is now caught in a wave of uncertainty following the Donald Trump administration's tariff policy.
Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.
Improving relationship with Pakistan is key to India overtaking China and 'revolutionising' the 21st century to emerge as a global power, former United States President Bill Clinton has said.
The population is important and so is the talent, he said about China, the world's second-largest economy after the United States.
In his first address to National Democratic Alliance MPs in over a year, Prime Minister Narendra Modi on Tuesday emphasised its collective identity as a natural and organic alliance, asserting that its journey since its foundation in 1998 is dotted with successes and has many more achievements in store.
China, India should not get involved in a battle over GDP.
In the June quarter of 2024-2025, smartphone exports hit $2 billion, well ahead of non-industrial diamond exports, which stood at $1.44 billion.
India will be the world's third-largest economy by 2028 as it becomes the world's most sought-after consumer market and gains share in global output, driven by macro stability influenced policy and better infrastructure, Morgan Stanley said. From a $3.5 trillion economy in 2023, the Indian economy is projected to expand to $4.7 trillion in 2026, which will make it the fourth largest in the world behind the US, China and Germany.
The 18-year-old also created history as he surpassed the legendary Viswanathan Anand to take the No 1 spot among Indian chess players in the live ratings.
'The muscularity of the last three years didn't bring any dividends and if anything, Chinese attitudes only hardened,' says Ambassador M K Bhadrakumar.
The interplay between domestic and foreign capital will shape India's equity markets.
While India's GDP is pegged at 7.7%, China is projected to grow at 7%.
Finance Minister Arun Jaitley on his maiden visit as minister to Washington, DC, addresses two think thanks, leaves American Establishment impressed, reports Aziz Haniffa/Rediff.com.
This could become tricky territory for India, given its basically adversarial relationship with China, its moves to block imports and investment from that country, and to deny market access for Chinese technologies, observes T N Ninan.
'Over the next 20 years, we would be adding almost 10 million people to the workforce every year!' 'And we won't be able to give employment to even 2 million out of the 10 million every year.' 'Don't forget, it keeps adding every year.'
India is expected to be the world's fastest growing economy by 2018.
India has emerged as the world's largest arms importer, overtaking China which shared the second spot with South Korea followed by Pakistan, according to a report by Swedish think-tank, the Stockholm International Peace Research Institute.
The coveted QS rankings indicate that India is slowly but steadily overtaking other nations in the field of education.
China now world's second largest share market, India is 7th
