The unemployment rate in India in January 2022 fell sharply to 6.57%, according to the data from the economic think-tank, Centre for Monitoring Indian Economy. This is the lowest rate witnessed since March 2021.
Rating agency Moody's has revised the economic growth estimates of India for Calendar Year (CY) 2022 and CY2023, in its Global Macro Outlook 2022-23, CY2022- 9.5 percent (Earlier it was 7 percent) CY2023 - 5.5 percent.
United Nations Commission on International Trade Law Model Law on Cross border Insolvency (1997) is the most widely accepted legal framework on cross-border insolvency.
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