India has become the world's fourth-largest economy, surpassing Japan with a GDP of $4.18 trillion. Projections indicate India will overtake Germany for the third position within 2.5 to 3 years, aiming for a $7.3 trillion GDP by 2030. This growth is driven by robust private consumption and resilient domestic demand, with GDP expanding to a six-quarter high in Q2 FY2025-26. The Reserve Bank of India has revised its GDP growth forecast for FY 2025-26 upwards to 7.3%.