Slowdown: Indian GDP growth may slip further to 5% in FY20, says CLSA

November 14, 2019 |
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Slowdown: Indian GDP growth may slip further to 5% in FY20, says CLSA

The gloom surrounding the Indian economy is likely to get worse in the months ahead. If analysts at CLSA are believed, the growth in real gross domestic product (GDP) for financial year 2019-2020 (FY20) could slip to 5 per cent with risks to the downside. Their worst-case scenario is 50 basis point (bps) lower than this projection at 4.5 per cent.

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