Gdp Projection

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Services to beat manufacturing again; economic growth to slow down at 4.3-4.6%: Experts

With sticky core inflation and uncertain macros, the outlook for the rural economy isn’t positive. Further push from the union government this election year might be just what the doctor ordered.
Big Story | Goldman Sachs raises India GDP forecast for FY21

Global brokerage house Goldman Sachs recently revised India’s FY21 GDP target to 10.3 percent contraction as against earlier forecast of 14.8 percent contraction. The brokerage also said it will be overweight on Indian equities, and cited the macro recovery and relatively higher sensitivity of Indian stocks to positive vaccine outcomes.

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Gdp Projection

Services to beat manufacturing again; economic growth to slow down at 4.3-4.6%: Experts

Big Story | Goldman Sachs raises India GDP forecast for FY21