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Morgan Stanley revises FY16 growth outlook to 7.5% from 7.9%

Last Updated: Wednesday, September 2, 2015, 16:12

The Indian economy is expected to clock a 7.5 percent GDP growth in this fiscal year, slightly lower than the previous estimate of 7.9 percent largely because of bad weather and weak external demand, Morgan Stanley said in a report.

India's 2015-16 GDP growth still seen at around 8%: Subramanian

Last Updated: Wednesday, September 2, 2015, 14:11

The Indian economy is still expected to grow around 8 percent in the fiscal year to March 2016, said the chief economic adviser at the finance ministry on Tuesday.