An 8.2 percent GDP growth in the first quarter of the current fiscal might not be good news as rising oil prices and a weak currency are likely to spoil the celebrations
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If India’s return to a higher growth trajectory of 8.2 percent in the first quarter of the current fiscal is a cause for celebration, what lies ahead is probably enough to spook even the most optimistic India watchers.We doubt that India can sustain a growth trajectory about 8% for the rest of the fiscal: DBS Research
(This story appears in the 28 September, 2018 issue of Forbes India. To visit our Archives, click here.)