One report explains indias entire defence boom

[peacemaker99]

Mate your economy is trashed your not 4th you dropped to 6th because your rupee crashed and your IT sector ravaged by AI. Give people clean drinking water, clean air and a few toilets might be stronger priority no?

India has slipped to the sixth-largest global economy behind Japan and the United Kingdom according to International Monetary Fund data, reaching a nominal GDP of roughly $4.15 trillion. This change stems from currency depreciation and statistical updates rather than an actual economic slowdown. [1, 2, 3]

Says the dude whose economy saw the vollapse of the biggest real estate company and half a dozen banks

 

[CallSignMaverick]

Mate your economy is trashed your not 4th you dropped to 6th because your rupee crashed and your IT sector ravaged by AI. Give people clean drinking water, clean air and a few toilets might be stronger priority no?

India has slipped to the sixth-largest global economy behind Japan and the United Kingdom according to International Monetary Fund data, reaching a nominal GDP of roughly $4.15 trillion. This change stems from currency depreciation and statistical updates rather than an actual economic slowdown. [1, 2, 3]

Does Rupee depreciation mean economy became smaller? You surely don't know the difference between real and nominal GDP.

GDP is sum of value of all goods and services produced in a country in a period of time. India is growing in volume and value both, that value in USD is where exchange rates matter.