India lost its spot as the worlds fastest growing economy to China

India lost the world’s fastest-growing economy title to China. 
In the January-March quarter, India registered 6.3% whereas China recorded a growth of 6.4% in the March Quarter.  
India had been ahead of China for two years.
The country’s economic growth rate of India slowed to 5.8% during the fourth quarter of 2018-19 due to low agriculture and mining output along with subdued consumer demand.  
India’s economic growth driven by domestic consumption.
According to the government data, India’s economy has grown at its slowest pace in almost five years.
Indian economy grew by 6.8% in the last financial year, with the GDP growing at 5.8% from the quarter of January-March.
The unemployment in the country reached a 45-year-high in the financial year 2017-2018.

About China
Capital: Beijing
Currency: Renminbi 
Vice President: Wang Qishan

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