Morgan Stanley FY14
Morgan Stanley raises India's GDP forecast to 5.4 pc for
FY13
Morgan Stanley has raised India's growth forecast for the
current financial year to 5.4 per cent from 5.1 per cent projected earlier citing better than expected GDP
growth and stabilisation in non-agriculture growth indicators.
However, the pace of economic recovery will be slow in view of macro stability challenges such as
However, the pace of economic recovery will be slow in view of macro stability challenges such as
high inflation, current account deficit and loan-deposit
ratio, Morgan Stanley said it has kept its GDP projections for FY14 unchanged at 6.2 per cent in line with
this view.
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