India: 5th largest economy in the world..! britain pushed back..?
After the 2008 financial crisis in the international economy, Corona was seen as the biggest impact, and after the Corona, the effects caused by the Russia-Ukraine war have caused a huge impact. Through this, there has been a great change in the international economy, especially among the top 10 countries, which are considered superpowers, large-scale changes and declines have been reported. Meanwhile, many countries, including india, which is an ally of Russia. As a result, britain, which was in 5th place in the list of the top 10 economic countries in the world, has now been pushed to 6th place, and india has taken that place.
While the british economy and trade are in a bad state, not only have many ministers resigned from the government, but now the british Indian Rishi Sunak is leading the race for the new Prime Minister.
britain, which was there, has now been pushed to 6th place. In this situation, based on the data published by the IMF, India's economy in the first quarter continues to grow due to the discount price of crude oil from Russia. As a result, india has risen to the 5th position.
The IMF has projected this GDP data in dollar terms, according to which the US ranks first and china ranks second. It is followed by Japan, Germany, india, and Britain. There is a high chance that india will soon overtake Germany.