India may surpass the US to become the world’s second largest economy in PPP terms by 2038, according to an analysis by EY in its latest Economy Watch report. The projection assumes significance at a ...

Two decades ago, the G7 held around 42% of global economic output per PPP, while the BRICS+ had 24.1%. Today, that number has nearly reversed, as BRICS+ accounts for around 40%, while G7 holds 28.8%.

The world is undergoing a great economic reordering, the third such transformation in the past century. The United States has been at the helm of each one, shaping the global economy in ways that ...

India’s economy crossing the $4.18 trillion mark and moving ahead of Japan in nominal GDP terms is a major headline moment. It reflects years of high growth and a scale that now places India among the ...