Growth Forecast Lowered
-
{
- All
- News
'Growth Forecast Lowered' - 1 News Result(s)
-
Morgan Stanley lowers India's growth forecast to 5.1 per cent
Morgan Stanley cut its growth forecast for India to 5.1 per cent on Monday for the 2012/13 fiscal year. It had previously projected the economy would grow at 5.8 per cent in the year ending next March. But in its "bear case" scenario, growth could tumble to 4.3 per cent if policy inaction persisted, it said.
'Growth Forecast Lowered' - 1 News Result(s)
-
Morgan Stanley lowers India's growth forecast to 5.1 per cent
Morgan Stanley cut its growth forecast for India to 5.1 per cent on Monday for the 2012/13 fiscal year. It had previously projected the economy would grow at 5.8 per cent in the year ending next March. But in its "bear case" scenario, growth could tumble to 4.3 per cent if policy inaction persisted, it said.
