Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

Amitabh Dubey

Political Analyst, India Research
+91 99999 10781

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Recent India research

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India: The high growth story is over

Overview

The Reserve Bank of India’s pared-down projection of 6.5 per cent GDP growth in FY13 and market expectations that growth will bounce back to around 7 per cent in the next fiscal year are still too optimistic, in our view. The cyclical problem of a weak monsoon in India will only exacerbate the deeper structural challenges of persistently high inflation and a bloated budget deficit, and make an already difficult political environment for reform even tougher. Amid a wider global...

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