India occupied his global largest largest economy, and claimed to be on the rise to occupy the third position.

The GDP data published by the International Monetary Fund (IMF) in early September shows that the size of the Indian economy surpassed the UK in the last three months of 2021 and the first quarter of 2022.

Accordingly, the Indian economy is calculated according to the nominal value reaching US $ 854.7 billion, while the British economic scale is US $ 816 billion.

People gathered in front of the Red Fortress to celebrate the 75th Independence Day in New Delhi, the capital India, August 15.

With this result, India overcame England to become the fifth largest economy in the world, after the US, China, Japan and Germany.

The Indian State Bank (SBI) on September 3 published a study, saying it was on the momentum of becoming the third largest economy in the world, expected to surpass Germany in 2027 and Japan in 2029.

The data of the IMF blowed a strong blow to the British government, in the context that the country had to struggle with the crisis of living costs due to the highest inflation in 4 decades and facing the risk of recession, may last long.

UK households are facing an average increase of 80% of electricity bill and gas.

India pays the first domestic aircraft carrier named Vikrant in an effort to develop naval capacity and defense autonomy.