The South Asian nation will be the fastest-growing emerging market in the coming years, the rating agency said India is set to overtake the EU’s powerhouse, Germany, in terms of economic might by the end of the decade, the S&P Global Ratings has projected. In its latest report, the Global Credit Outlook 2024, the rating agency predicted that the South Asian country will become the world’s third-largest economy by 2030. Currently, India is in fifth place, behind the US, China, Germany, and Japan in terms of gross domestic product (GDP), respectively, according to International Monetary Fund (IMF) data. “A paramount
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