India’s Quarterly Economic Outlook: Motilal Oswal 
A bus conductor displays Indian bank rupee notes for a photograph in Coonoor, Tamil Nadu, India. (Photographer: Dhiraj Singh/Bloomberg)

India’s Quarterly Economic Outlook: Motilal Oswal 

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

In the last version of Quarterly Economic Outlook, we began by saying ‘the worst quarter is behind us’; we are happy to begin this version noting that a terrible year is over and hoping the New Year will bring back old cheer.

The most difficult times are the best teachers and 2020 has lived up to the hype.

We expect contraction of 6.9% in real gross domestic product in FY21, followed by growth of 9.5% in FY22.

What concerns us, however, is headline inflation is likely to remain sticky at approximately 5.5% next year, much higher than market consensus and the Reserve Bank of India’s projection.

Click on the attachment to read the full report:

Motilal Oswal Eco-Q4CY20.pdf

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