India’s economic rise signals global power shift

India has now surpassed Japan to become the world’s fourth-largest economy in nominal GDP, with a GDP of $4.18 trillion, according to the government’s year-end economic review.The country is poised to overtake Germany within the next 2.5 to...

India poised to be 3rd largest economy by 2030: S&P

India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.

The State Bank of India's net profit dropped 34.56 per cent for the quarter ended September 30 to £ 253.80 million, as a provision for loan loss doubled to £767 million.



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