India can have third largest GDP by 2025:
India could have the world's third largest GDP by 2025 if the country maintained its present growth rate, Prime Minister Manmohan Singh said Monday while conceding that the target of nine percent growth for the next five years was ''very ambitious'' given the current state of the global economy.
India is poised to become the third largest domestic banking sector by 2050 after China and the US, a survey by a leading global accounting and consultancy firm, said.