Daily Current Affairs / India Becomes World’s Fourth-Largest Economy, Growth Momentum Strong
Category : Business and economics Published on: January 02 2026
India has emerged as the world’s fourth-largest economy with a nominal GDP of $4.18 trillion, overtaking Japan. Strong economic momentum continues, with real GDP growing 8.2% in Q2 FY 2025–26, a six-quarter high, driven by robust domestic demand, industrial output, and services growth. Policy reforms, stable inflation, and strong investment conditions prompted the RBI to raise its FY 2025–26 growth forecast to 7.3%, reinforcing optimism about India’s sustained growth trajectory.
Israel announced that former US President Donald Trump will receive the Israel Prize for Peace, marking the first time the country’s highest civilian honour is awarded to a non-Israeli.
Read More....India became the world’s fourth-largest economy in 2025, overtaking Japan with a nominal GDP of $4.18 trillion.
Read More....North Korea test-fired two strategic long-range cruise missiles over the Yellow Sea to demonstrate combat readiness amid regional tensions.
Read More....The Supreme Court stayed its earlier Aravalli Hills order and set up a new independent expert committee to reassess mining-related environmental impacts.
Read More....Parvati-Arga Bird Sanctuary in Uttar Pradesh has been declared an Eco-Sensitive Zone to protect wetland biodiversity and migratory birds.
Read More....Smriti Mandhana became the second Indian woman and fourth player globally to score 10,000 international runs in women’s cricket.
Read More....India’s chess stars Koneru Humpy and Arjun Erigaisi won bronze at the FIDE World Rapid Chess Championships 2025, showcasing India’s rising global chess strength.
Read More....India successfully tested the K-4 submarine-launched ballistic missile, boosting its sea-based nuclear deterrence from INS Arighaat.
Read More....India launches NTRAF to standardise technology readiness assessment and boost market-ready innovations across sectors.
Read More....Narasapuram lace craft from Andhra Pradesh is recognized as a symbol of women’s empowerment and economic growth, with 60% of artisans being women and awarded GI tag and ‘One District One Product’.
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