.......“We now feel more confident that India will emerge from the stagflation type of environment over the next few quarters,” Morgan Stanley said in a research note. It, however, added that inflation is expected to head towards 6 per cent. “The GDP growth is to accelerate by 210 bps over the next 8 quarters to 6.8 per cent. Inflation will finally head towards RBI’s comfort zone of 6 per cent over the next two year,”........
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