Risks receding, but 7% growth only in 2014: Moody's Analytics
Downside risks to growth in the Indian economy are easing, according to Moody's Analytics. Glenn Levine, senior economist at the analyst firm, expects growth in the second quarter to remain near 5.5 per cent and a slow rebound from those levels over the coming quarters. He further says that a return to trend growth of 7-7.5 per cent is only likely by the second half of 2014.
