Question
Morgan Stanley revised India’s GDP growth forecast for FY27 to 6.7%. What is the projected GDP growth for FY28 according to the same report?
Solution
The report further projected India’s GDP growth for FY28 at 7%. For Q1 of FY27, India’s GDP is projected at 6.5% Year-on-Year basis. India’s inflation is expected to average 4.7% for FY27 due to higher production costs and a weaker rupee.
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