India to overtake China as fastest growing big economy by 2017: World Bank

Fuelled by economic reforms, India is projected to become the world`s fastest growing large economy by 2017 with a growth rate of seven percent, overtaking China along the way, a World Bank report said Tuesday.

India unlikely to return to 9% GDP before 2012

India is unlikely to return to nine per cent growth rate before 2012 as the global economy is expected to take at least two more years to recover.