The International Monetary Fund (IMF) said in its recent World Economic Outlook report that India will become the world’s fourth-largest economy in 2025. India’s GDP is expected to reach $4,187 billion, just ahead of Japan’s $4,186 billion.
The goal is to turn cities like Noida, Lucknow, Kanpur, and Varanasi into major tech and digital service hubs.
The policy also plans to create over 2 lakh high-paying jobs in the next five years, the government said.
This milestone highlights India as the fastest-growing major economy. The IMF expects India to maintain a strong growth rate of over 6% through 2025 and 2026—higher than any other major economy.
The meeting followed three major outages in recent weeks. Officials discussed improving real-time monitoring and expanding UPI’s user and merchant base.
Ather Energy IPO issue is priced at ₹304 to ₹321 per share. The minimum order quantity is 46. The IPO opens on April 28, 2025, and closes on April 30, 2025.
The 1% TCS on these luxury items applies only when the purchase amount exceeds the Rs 10 lakh threshold. This tax is charged under Section 206C of the Income Tax Act.