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With India set to be world’s No 4 economy, calls for deeper reforms get louder

With India poised to overtake Japan as the world’s fourth-largest economy, industry players have hailed the International Monetary Fund’s (IMF) forecast as a sign of the South Asian country’s growing global stature, even as they call for deeper reforms to boost its competitiveness. India’s nominal gross domestic product (GDP) is projected to rise to US$4.187 trillion in the 2025–26 financial year, surpassing Japan’s US$4.186 trillion economy, according to the IMF’s world economic outlook...


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