pull down to refresh

India's economy grew by faster-than-expected 7.4% in the March quarterwww.cnbc.com/2025/05/30/india-q4-gdp-.html
446 sats \ 9 comments \ @Coinsreporter 30 May econ
Key Points
  • Growth outlook in Asia’s third-largest economy has remained relatively robust, thanks to strong domestic consumption and relatively lower dependence on exports.
  • That marked the strongest quarterly growth in the fiscal year of 2025.
CNBC is not accepting that India is already the fourth in the world and second largest economy in Asia. In an another article by CNBC's Inside India, it has maintained that India will surpass Japan marginally in 2025 according to IMF data. But this growth for India and reported by CNBC itself is contradictory to the claims.
If we entirely go by quarterly growth india has definitely surpassed Japan and as is projected it'll keep growing, the lead for India wouldn't be marginal.
What's even bigger that India is already the third largest economy if we go by Nominal GDP at PPP.
Source 🔗
I think it's time the world should recognise that the country which has more than 2/3 in working population can't stay behind and is not behind. I've been touring to the once most backward part of India for the last two days and tbh the infra development is at par with the developed nations.
Conung back to the quarterly growth, it was definitely on the cards because of China-US trade war which benifits India. My guess for upcoming quarters is also very optimistic with monsoon being projected to be better and India opening up its arms for foreign investors. On top of that people here are spending more than ever.
Mark my prediction: India will become third largest economy by the end of 2026.
Yeah I'm bullish on India but I'm not biased. ;)
write
preview
related posts
20 sats \ 1 reply \ @Undisciplined 30 May
I like the idea of PPP adjustments, so it seems reasonable to me that India is already the 3rd largest economy.
It does depend on how big the quality differences are between non tradable goods and services in the two countries though.
reply
31 sats \ 0 replies \ @Coinsreporter OP 30 May
IMO India isn't behind Japan and Germany in both.
reply
21 sats \ 3 replies \ @grayruby 30 May
Very nice. What was inflation?
reply
40 sats \ 2 replies \ @Coinsreporter OP 30 May
3-4%. It's falling.
reply
20 sats \ 1 reply \ @grayruby 30 May
That's good. Means India has some solid real growth.
reply
40 sats \ 0 replies \ @Coinsreporter OP 30 May
Yes. I think the western media doesn't paint India like you said and what I'm seeing.
reply
20 sats \ 2 replies \ @optimism 30 May
Interesting.
Honest question though: why would you rank GDP at PPP at a national level, without generalizing per capita? Like what does that mean in practical terms? What are we comparing?
reply
100 sats \ 1 reply \ @Coinsreporter OP 30 May
It's because there's a huge difference among countries when it comes to the cost of products and services.
This is reflected in the huge difference in the final price of goods and services. Let me give you an example: A dozen eggs in India cost around $1 while they are much more costlier elsewhere. Another example is the difference in rents.
The reason why we need PPP is because countries produce the same goods or services at different prices.
reply
0 sats \ 0 replies \ @optimism 30 May
Right so you want to measure productivity / output that is controlled by a particular government. It's a bit circumvent but makes sense if there's no direct data.
This is probably why the spooks factbook lists this, as it shows you which regimes you want to control. Real life game of thrones.
reply