India’s growth to hold at 5.8%, keeping top spot: UN

The UN said on Tuesday that “with many positives”, India’s economic growth this year is expected to hold at 5.8%, affirming a series of international organisations’ projections that the country will be the fastest-growing major economy. The Midyear Update to the UN’s World Economic Situation and Prospects report projected next year’s gross domestic Product (GDP) to hold at 6.7%”supported by resilient domestic demand”.