India’s GDP Growth to Rise to 7.5 pc in 2018: Morgan Stanley

The Indian economy is expected to witness cyclical growth recovery, with real GDP growth likely to accelerate from 6.4 percent this year to 7.5 percent in 2018 and further to 7.7 percent in 2019, says a report of Morgan Stanley.

According to global financial services major Morgan Stanley, corporate return expectations and balance sheet fundamentals are improving, and a strengthening financial system should be able to meet investment credit demand.

Source- The Economic Times


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