India has overtaken the United Kingdom to become the fifth largest economy in the world, according to Bloomberg, which has cited GDP figures from the International Monetary Fund.

India overtakes UK to become world’s fifth largest economy

A report authored by State Bank of India's (SBI) chief economic adviser Soumya Kanti Ghosh has stated that India is likely to become the third largest economy by 2029, largely due to the structural shift since 2014.

India may surpass Germany, Japan to become the third largest economy by 2029: Report

Prime Minister Narendra Modi Friday said India is on the way to becoming the fifth largest economy in the world. Speaking at the India-South Africa Business Summit here, he said India is the world's fastest-growing major economy and the government is committed to reforms that will further propel it.

India on way to becoming 5th largest economy in world: Modi