Morgan Stanley trims India's GDP forecast to 7.2%
Updated: 18 Jul 2022, 01:59 PM IST
TL;DR.The brokerage's forecast, down from its previous projection of 7.6%, comes after India's economic growth slowed to the lowest in a year in the first three months of 2022 at 4.1%. The revised target is in line the Reserve Bank of India's view.
FILE PHOTO: A sign is displayed on the Morgan Stanley building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson/File Photo