The Live Ahmedabad
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured

The Live Ahmedabad

  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
Nation

India moves ahead of UK, becomes world’s fifth largest economy

by TLAteam September 3, 2022September 3, 2022
written by TLAteam September 3, 2022September 3, 2022
India moves ahead of UK, becomes world’s fifth largest economy

According to reports, India has surpassed the United Kingdom to become the world’s fifth largest economy. India surpassed the United Kingdom in the final three months of 2021 to become the fifth-largest economy, relegating the United Kingdom to sixth place for the second time after doing so in 2019.

Business News

According to the report, the Indian economy was $854.7 billion in ‘nominal’ cash terms in the quarter through March, while the UK was $816 billion.

This was done on an adjusted basis, with the dollar exchange rate on the last day of the relevant quarter being used.

The report comes just two days after the government released GDP data for the first quarter, which showed that the Indian economy grew by 13.5% year on year.

While this figure was slightly lower than the RBI had predicted, the rate of growth was still among the highest among developing countries.

This fiscal year, India is expected to grow at a rate of around 7%.

AhmedabadAhmedabad cityAhmedabad newsGujaratGujarat governmentGujarat newslatest news
0 comment
previous post
The Centre has granted ‘in principle’ approval for three bulk drug parks in Gujarat, HP, and AP
next post
Sabarmati station: nine-floor building spread in 1.36 lakh sq metres to serve as northern terminal of India’s first high-speed rail line

You may also like

Amazon Challenges Blinkit, Zepto with Launch of 10-Minute...

July 12, 2025

Earth’s Rotation Surprises Scientists With Fastest Day on...

July 10, 2025

Smartphone Brands Offer Big Discounts to Clear Extra...

July 9, 2025

July 9 Bharat Bandh: Full List of What’s...

July 8, 2025

Chaturmas 2025: A Sacred Four-Month Spiritual Period

July 8, 2025

ISS Spotted Over Delhi Skies at Dawn, Indian...

July 8, 2025

Massive Nationwide Strike on Wednesday as Over 25...

July 8, 2025

New NMC Rules Allow Non-Teaching Doctors as Faculty

July 7, 2025

Dhoni Turns 44: Asks for Permission Before Cutting...

July 7, 2025

No National Awards for Athletes Working with Unregistered...

July 7, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Business News

Recent Posts

  • AMTS Bus Crashes into Streetlight Near Jamalpur Bridge; Driver Injured

    July 13, 2025
  • Exotic Parrots Worth ₹17 Lakh Recovered in Ahmedabad; Accused Stole Them to Fund Wedding

    July 13, 2025
  • Ahmedabad Plane Crash: Key Revelations from AAIB’s Preliminary Report

    July 13, 2025
  • Amazon Challenges Blinkit, Zepto with Launch of 10-Minute Delivery Service

    July 12, 2025
  • Bengaluru Man Flees Hyatt Hotel Without Paying ₹82,000 Bill; Police Launch Manhunt

    July 12, 2025
September 2022
MTWTFSS
 1234
567891011
12131415161718
19202122232425
2627282930 
« Aug Oct »
The Live Ahmedabad
Footer Logo
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms of use
  • Advertise with Us
  • Work With Us
  • Contact Us

© 2021 - The Live Ahmedabad. All Rights Reserved.