most apt thing to say about Indian economy
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The economy of India is characterised as a developing market economy. It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the IMF, on a per capita income basis, India ranked 142nd by GDP (nominal) and 119th by GDP (PPP) per capita in 2018
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- The opening lines of A Tale of Two Cities is most apt to summarize the state of the Indian stock market and the economy: The stock market that trades at highs is having the best of times whereas the faltering economic growth is facing the worst of times.
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