India has now emerged as a global player. With 1.4 billion people and the world’s third-largest economy in purchasing power parity terms, India’s recent growth has been a significant achievement.

The other uses the purchasing power parity (PPP) exchange rate—the rate at which the ... but about 15 percent with market-based weights. For India, the figures are about 7 percent and 3 percent, ...

The Indian economy, expanding at a breakneck pace, now ranks among the top five largest economies globally. Despite this, ...

Purchasing power parity (PPP ... living in extreme poverty are in rural areas, and the remaining 6% in urban areas. The Consumer Experience Survey said India’s poverty levels dropped sharply ...