India to be 4th largest economy by 2025, worth $5.4 trillion by 2027: RBI

Reserve Bank of India, in its monthly bulletin, said India's economy will be world's fourth largest in 2025 and world's third largest in 2027, when it will be worth $5.4 trillion. RBI said that India's real GDP growth may fall from 7% in 2022-2023 to 6.5% in 2023-24. India's economy will be worth $3.7 trillion in 2023, RBI added.