Among APAC nations, oil importers India and Thailand are expected to be the worst hurt by the Ukraine conflict

According to S&P, India's GDP would increase 7.8% in the fiscal year that begins April 1, 2022. Furthermore, in 2023-24 and 2024-25, the economy is predicted to increase by 6% and 6.5 per cent, respectively.

According to S&P Global Ratings, large oil importers like India and Thailand will be the most affected among Asia-Pacific nations by the current Russia-Ukraine conflict. According to S&P, India's GDP would inc....