New Delhi, Feb. 5 -- Prime Minister Narendra Modi on Thursday delivered a combative and wide-ranging reply to the Motion of Thanks on the President's address in the Rajya Sabha, asserting that India is "riding on the Reform Express" towards becoming a developed nation, even as opposition parties staged a walkout amid loud sloganeering and protests in the Upper House.

Leading with India's economic trajectory and global standing, the Prime Minister said the country was moving ahead with "high growth and low inflation," a combination that reflected the inherent strength of the economy. "India was once described as part of the 'fragile five'. Today, it is moving rapidly towards becoming the world's third-largest economy," Modi said, amid repea...