With growing economy, India has 4th largest forex reserves

With its growing economic strength, India has achieved the significant feat of joining the ranks of the world's largest foreign exchange reserves, securing the 4th position globally after China, Japan, and Switzerland.

- CORRESPONDENT

India's economy is making new records every day. While there was a time when India's economy was considered a part of the 'Fragile Five'. But India's rise from the "Fragile Five" to the fastest-growing major economy is an example for other developing countries.

Today, India has not only become the fifth-largest economy in the world but has also set a new record in terms of foreign exchange reserves. For the first time in history, India's foreign exchange reserves have reached above USD 700 billion.