India Reaches Trillion Dollar Economy

India has joined the elite club of 12 countries with a trillion dollar economy, thanks to the continuing rally in rupee against the US dollar as the country''s GDP crossed the trillion-dollar mark for the first time in history.The country''s GDP crossed the trillion-dollar when rupee appreciated to below 41-level against the US greenback on Wednesday, Swiss investment bank Credit Suisse said in a report published on Thursday.Countries like the US, Japan, Germany, China, UK, France, Italy, Spain, Canada, Brazil and Russia have all breached trillion-dollar GDP level in the past.The bank put the country''s GDP at around Rs 41,00,000 crore, which translates to slightly more than one trillion dollar at the current currency level of Rs 40.76 per USD.