Global Economic Power List: India enters top 5

The Indian government is the fifth most powerful in the world in terms of its ability to project the economy in the global sphere, as per a new ranking of 112 governments released as part of the Economic Survey 2010-11. 

As per the Index of Government Economic Power (IGEP), India’s economic power has increased substantially in the nine year period. It moved to the fifth spot in 2009 from a ranking of 10 in 2000. According to the IGEP 2009, the US was at the top of the list, followed by China, Japan, Germany, India, Russia, Brazil, France, Italy and the UK.

India likely to be world's largest economy by 2050

In view of its continuing robust growth, India is expected to be the world's largest economy by 2050, surpassing China and the US, a Citi report said.

"China should overtake the US to become the largest economy in the world by 2020, then be overtaken by India by 2050," financial services group Citi said the report. 

Going by the report, India would surpass the US -- currently the world's largest economy -- to become the second largest by 2040.

"We expect India to overtake Japan to become the third largest economy in the world by 2015," it noted.

Dec 10 Indian Mutual Fund Rankings

http://www.crisil.com/capital-markets/crisil-mf-ranking-list.html

http://www.mutualfundsindia.com/aindex.asp?rkperiod=30

http://www.valueresearchonline.com/toprated.asp

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