The mango that broke a market
It is peak mango season in India. The Alphonso harvest is at its richest, the Kesar at its most fragrant.
India has overtaken Japan to become the fourth-largest economy in the world, the government said on Tuesday.
According to a government release, India’s GDP is now valued at USD 4.18 trillion. The country is poised to surpass Germany to move to third place in the next 2.5 to 3 years.
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The United States is currently the world’s largest economy, followed by China at second position and Germany at third.
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“With GDP valued at USD 4. 18 trillion, India has surpassed Japan to become the world’s fourth-largest economy and is poised to displace Germany from the third rank in the next 2.5 to 3 years with projected GDP of USD 7.3 trillion by 2030,” the release by the Press Information Bureau, said.
India also remains the world’s fastest- growing major economy, with its real Gross Domestic Product (GDP) expanding by 8.2 per cent in Q2 of the Financial Year 2025-26.
India’s economic growth saw a notable increase from 7.8 per cent in Q1 of FY 2025-26 and 7.4 per cent in Q4 of FY 2024-25.
According to the government, the robust economic growth was led by “resilient domestic demand amidst global trade and policy uncertainties.”
“Domestic drivers–led by robust private consumption–played a central role in supporting this expansion,” the release stated.
The release also highlighted the GDP growth projections by several international agencies, including the World Bank and the International Monetary Fund (IMF).
“The World Bank projects 6.5% growth in 2026; Moody’s expects India to remain the fastest-growing G20 economy with growth of 6.4% in 2026 and 6.5% in 2027; the IMF has raised its projections to 6.6% for 2025 and 6.2% for 2026; the OECD forecasts 6.7% growth in 2025 and 6.2% in 2026; S&P anticipates growth of 6.5% in the current fiscal and 6.7% in the next; the Asian Development Bank has lifted its 2025 forecast to 7.2%; and Fitch has raised its FY26 projection to 7.4% on stronger consumer demand,” the release added.
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