Morgan Stanley lifts India's fiscal 2027 GDP forecast to 6.7%
NewsBytes | May 14, 2026 5:39 AM CST
Sees 7% 2028 growth, flags inflation
Looking ahead, Morgan Stanley expects India's economy to grow even faster: 7% in fiscal 2028.
But there are some hurdles: oil prices might stay high, production costs could rise, and the rupee may lose value.
These trends could mean higher inflation and a bigger current account deficit (up to 1.8% of GDP), which adds pressure on currency markets and corporate profits.
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