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Economy and Finance Current Affairs

India becomes world's sixth largest economy, muscles past France

India's GDP amounted to $2.597 trillion at the end of last year, against $2.582 trillion for France.

India has doubled its GDP within a decade and is expected to power ahead as a key economic engine in Asia, even as China slows down.

According to the IMF, India is projected to generate growth of 7.4 per cent this year and 7.8 per cent in 2019.

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