Question
In April 2026, Morgan Stanley lowered India’s real GDP
growth projection for Financial Year 2026-27 (FY27) to 6.2%. What was the firm’s previous estimate for FY27?Solution
In April 2026, Morgan Stanley lowered its real Gross Domestic Product (GDP) projection for India by 30 basis points (bps) to 6.2% for Financial Year 2026-27 (FY27) from its previous estimate of 6.5%, due to the ongoing conflict in West Asia. The firm further projected that India’s GDP growth rate would be 5.9% on a Year-on-Year basis in the first quarter (April-June) of FY27.
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