India to surpass China in economic growth to become world's fastest growing economy

(CNN Money) India could outpace China as the world's fastest growing economy as soon as this year, according to International Monetary Fund director Christine Lagarde. Lagarde, who was visiting India last week, said the country's economy is expected to grow 7.5% in the upcoming 2015-2016 fiscal year..

India has a rare opportunity to become the world’s most dynamic big economy. More on India and why it is poised for rapid growth..

(The Economist) EMERGING markets used to be a beacon of hope in the world economy, but now they are more often a source of gloom. China’s economy is slowing. Brazil is mired in stagflation. Russia is in recession, battered by Western sanctions and the slump in the oil price; South Africa is plagued by inefficiency and corruption. Amid the disappointment one big emerging market stands out: India.