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India Surges as World's Most Populous, Economy Grows

1/23/2025

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Summary

Story summary

India has become the world's most populous country and is recovering from a Covid-19 recession.
It surpassed Britain to become the fifth-largest economy in 2022 and is projected to overtake Germany next year.
Emerging vulnerabilities include a declining stock market and a weakening rupee against the dollar.
The new middle class is increasingly questioning their economic prospects, prompting Prime Minister Modi to reevaluate his commitments.

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Story summary

India has become the world's most populous country and is recovering from a Covid-19 recession.
It surpassed Britain to become the fifth-largest economy in 2022 and is projected to overtake Germany next year.
Emerging vulnerabilities include a declining stock market and a weakening rupee against the dollar.
The new middle class is increasingly questioning their economic prospects, prompting Prime Minister Modi to reevaluate his commitments.