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Swiss brokerage UBS Securities has revised upwards its real GDP forecast for FY23 to 8.2 per cent, up from 7.7 per cent earlier, expecting the real GDP growth to remain well above the historical average. ....
Barclays chief India economist Rahul Bajoria also mentioned the slow pace of vaccinations in the country and the rolling lockdowns across many states for the estimate ....
Read more about Markets will digest dent on June quarter earnings as one-time hit: CLSA on Business Standard. If India is unable to slow the number of infections, additional lockdown measures might be required, which analysts at Rabobank International say would negatively impact the supply side of the economy ....