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India is projected to overtake China in global GDP share by 2060, as China's economic contribution is expected to stabilize and decline. This shift is driven by China's rapidly falling population share, contrasting with India's trajectory. The report also notes significant inequality differences between the two Asian giants.
The Reserve Bank of India is considering introducing polymer currency notes, a move that could enhance durability and security. Governor Sanjay Malhotra stated the proposal is in its preliminary stages, with the central bank examining its advantages and disadvantages. This initiative aims to address the rapid deterioration of existing paper notes and combat fake currency circulation.
India’s GDP grows at robust 7.8% in Q4 FY26; 7.7% full year growth beats estimatesAfter growth forecast cut, RBI warns monsoon deficiency could weigh on consumptionIndia set to overtake China in share of world GDP by 2060, report saysWill India finally get plastic banknotes? RBI's polymer currency plan explainedGold exchange boom: Old jewellery swaps rise up to 60% as record prices reshape buying habits
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DGCA renews Jet Airways' air operator certificate, says Jalan Kalrock ConsortiumMerger fast-tracked: AirAsia India flights to operate with Air India Express brandingIndian aviation market has huge potential waiting to be tapped: Top industry expertsLounge excess to crunch: International flyers feel the pinch at Delhi Airport's T3Vietjet to launch Kochi-Ho Chi Minh City flight in August
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