EY predicts India to be world’s second-largest economy by 2038 - Why is PPP crucial? EXPLAINED
Published on: Aug. 28, 2025, 8:34 p.m. | Source: Livemint
As EY expects India to be the world’s second-largest economy by 2038 in PPP terms, let's break down what the Purchasing Power Parity (PPP) indicator is in an economy and how it impacts nations and foreign exchange.
