Daily Current Affairs 2026, Date wise Current Affairs | Current Affairs in English and Hindi

Get the Daily and Latest Current Affairs 2026 on our website. These current affairs are Updated by our specialists and are relevant for all competitive tests UPSC, SSC, IAS, Railway-RRB, UPPSC, and Other State Government and Central Jobs/Exams.

India overtakes UK to become world's fifth-largest economy

Category : Business and economics
Published on: September 05 2022 Share on facebook

  • India overtook Britain to emerge as the world’s fifth-largest economy, according to Bloomberg. 
  • The Indian economy toppled the UK from its position in the last three months of 2021.
  • India’s economy is projected to grow 7% this year while that of the UK struggles with high energy prices and rising consumer inflation.
  • The International Monetary Fund projected India overtaking UK this year, placing it just behind the US, China, Japan and Germany.
  • The change in ranking has pushed the United Kingdom to the sixth spot as the country continues to grapple under the brutal cost-of-living shack
  • The calculations were done using the IMF database and historic exchange rates on the Bloomberg terminal.
Recent Post's

  • IIT Jodhpur is developing flexible semiconductor sensors using OECT technology for real-time health monitoring and defense applications.

    Read More....

  • The Ministry of Ayush launched the “Yoga 365” initiative to encourage daily yoga practice through digital platforms and guided sessions.

    Read More....

  • India will host the 2028 World Indoor Athletics Championships for the first time at the Kalinga Stadium in Bhubaneswar, Odisha.

    Read More....

  • Pune will host ‘Gau-Tech 2026’ to showcase innovations in cow-based industries and promote the rural economy and organic farming.

    Read More....

  • The Indian government launched the RELIEF scheme with a ₹497 crore outlay to support exporters facing high logistics and insurance costs.

    Read More....

  • The 2026 Hurun Report highlights a record 150 self-made women billionaires globally, driven largely by the AI and semiconductor sectors.

    Read More....

  • Tamil Nadu has become India’s top textile exporter for 2024-25, contributing nearly 22% to the country’s total textile trade.

    Read More....

  • Wipro has launched an AI-powered fintech hub at GIFT City, Gandhinagar, to provide advanced financial solutions for global BFSI clients.

    Read More....

  • The 110th NPG meeting approved six major infrastructure projects across rail, metro, and road sectors under the PM GatiShakti plan.

    Read More....

  • India and Bhutan signed a landmark MoU to integrate UPI with the UPU system for efficient cross-border postal remittances.

    Read More....