India’s Quarterly Economic Outlook: Motilal Oswal
Q4 CY20 – 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:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.