Business
Editorial: Much ado about India’s GDP rankings
✦ AI Brief
India's ranking in global GDP has slipped from fourth to sixth position, but this is largely due to the weakening rupee and a change in the GDP base year, making its nominal GDP appear smaller in dollar terms. Despite robust real growth, the country's value appears smaller when expressed in dollars. The government should focus on growing unemployment, stagnating wages, and rising inflation, rather than the nominal GDP rankings.