“Things are challenging on the external front. India is going to be running a higher current account deficit this year. There is a little bit of pressure on the rupee at the moment and some inflationary pressure globally and also in the domestic economy in India. We expect growth to be pretty strong going forward still. We see the economy growing at a rate of 7.3% this year and then over the next few years, staying above 6.5% on a real basis per year.”
Read More