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India May Surpass Britain to Become World’s Fifth Largest Economy Next Year: Indian Finance Minister

India’s finance minister Arun Jaitley on Thursday (30) said, India is very likely to outperform Britain next year to become the fifth largest economy in the globe.

"This year, in terms of size, we have overtaken France. Next year we are likely to overtake Britain. Therefore, we will be the fifth largest (economy)," he said in New Delhi.


India has the potential to become the world’s largest economy to have a place among the top three economies of the globe in the next 10 to 20 years as other counties have been witnessing economic growth at a much lesser rate, Finance Minister added.

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King Charles is convening senior AI executives and policymakers in Scotland amid growing concerns about the technology’s risks.

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AI race is getting harder to control, and King Charles wants its biggest players to agree on the rules

  • King Charles will bring together leaders from Nvidia, OpenAI, Anthropic and Google DeepMind.
  • Anthropic CEO Dario Amodei has called for a slowdown in the development of advanced AI models.
  • The push for common principles faces resistance from the US and China.

The race to develop increasingly powerful artificial intelligence is entering a more uncomfortable phase, with some of the people building the technology warning that its rapid progress could create risks that are difficult to control.

King Charles will bring some of the industry's most influential figures together in Scotland this week to discuss whether a shared set of principles can guide how AI is developed and deployed.

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