Indian Economy to Grow by 5 Per Cent in 2014: UN Report

The Indian economy will grow 5 per cent in 2014 and record a slightly higher expansion of 5.5 per cent next year on stronger consumption and investment, a UN report said on Wednesday. India's economy would grow by 5 per cent in 2014 and 5.5 per cent in 2015, only slightly up from 4.8 per cent in 2013 and 4.7 per cent in 2012, the UN World Economic Situation and Prospects (WESP) 2014 mid-year update said. It said average econo...