Morgan report says India’s GDP growth 7.5%

India’s economic growth momentum is likely to pick up further in the April-June period and the country is expected to clock GDP growth of 7.5 per cent in this financial year, says a Morgan Stanley report.

“In aggregate, we expect GDP growth to pick up to 7.5 per cent in this financial year as against 6.7 per cent in 2017-18,” Morgan Stanley said in a research note.

According to Morgan Stanley, the macro-stability indicators of the economy such as inflation and the current account deficit are likely to stay in check.