Morgan Stanley cuts India GDP growth forecasts on inflation, global slowdown - Economic Times

5/11/2022 12:00:00 AM2 years 11 months ago
by Reuters
by Reuters
Gross domestic product growth will be 7.6% for fiscal 2023 and 6.7% for fiscal 2024, 30 basis points lower than the previous estimates, the brokerage said in a note dated Tuesday. The cut reflects a pronounced economic impact from the Russia-Ukraine conflict …
Morgan Stanley has lowered its forecasts for India's economic growth in the next two fiscal years, saying a global slowdown, surging oil prices and weak domestic demand would take a toll on Asia's th… [+1483 chars]
full article...