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india's economy shows signs of recovery amid easing inflation and credit growth

High-frequency data for January-February indicates a stabilizing economic trend, with GST averaging 12.6% YoY and credit growth stabilizing around 11.3%. Morgan Stanley anticipates a 6.5% growth in FY26, supported by monetary easing, fiscal policy, and recovering consumption, while projecting CPI inflation to average 4% due to lower food prices. The RBI is expected to implement a cumulative rate cut of 75bps, responding to favorable inflation trends and soft credit growth.
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Indian Rupee United States Dollar Morgan Stanley IND Upasana Chachra Show more
Finance & Economy, Market Report
10:49 18.03.2025
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