New Delhi, May 22 -- The Indian economy stepped into fiscal year 2025-26 on a strong footing, reclaiming the top spot among emerging markets in April after a three-month hiatus, driven by a robust stock market rebound.

India led the Emerging Markets (EM) leaderboard with a score of 87 out of 100 in April, followed by the Philippines (68) and Thailand (59) in distant second and third places, respectively.

China, which had held the top rank in March, slipped to fourth in April as its exports, foreign exchange reserves, and market capitalization weakened amid ongoing tariff tensions with the US.

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India jumped two places from third th...