India, not China, the next global economic powerhouse?

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The world’s most populous and the second most populous country are in cut-throat competition when it comes to being a powerful economy.

However, it seems that India has raced ahead of China as the world’s fastest-growing economy, despite a slowdown in the global economy and tough times for most emerging markets. The world’s largest democracy recorded economic growth at 7.5 percent in the last quarter of 2015, as it surpassed China’s 6.8 percent. While the Chinese juggernaut has still been growing, India’s…