IMF projects India overtaking Japan as fourth largest economy in 2027.
Context
What happened: The IMF projects India will overtake Japan to become the world's fourth-largest economy in 2027, per its Regional Economic Outlook for Asia and the Pacific released Thursday.
Key numbers: India 2026 growth forecast raised to 7%. Fourth-largest economy in 2027.
Why it matters: The projection highlights India's growing economic weight despite global uncertainties and energy-related pressures, with the raised forecast reflecting continued momentum.