Latest Macroeconomic Policy News & Updates

India to Maintain Fastest-Growing Economy Status in Asia Pacific Despite Energy Crisis

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United Nations, April 21 (IANS) Weathering the fallout of the Iran war-induced energy crisis, India will remain the fastest-growing large economy in the Asia Pacific region at 6.4 per cent during the current fiscal year, according to ESCAP, the UN agency for the region’s economy.The report released here on Monday by the Economic and Social Commission for Asia and the Pacific, better known by the acronym ESCAP, said India’s real gross domestic product (GDP) growth moderated from 7.4 per cent …