india,s GDP

India’s GDP crossed the $1 trillion mark at current market prices becoming the world’s 12th economy to surge past that defining milestone. The historic moment was orchestrated when the rupee rose over the 41 level in relation to the US dollar, touching its highest value in nine years.The RBI had reported that India’s GDP at current market prices was Rs41,00,636 crore, or just a shade over Rs41 trillion. On that count, when the rupee closed at 40.94 on Wednesday, India’s GDP, at current market prices, edged just a notch above the $1 trillion mark for the first time.