Inflation will be biggest challenge for economic growth1 min read . Updated: 04 Apr 2011, 12:45 AM IST
Inflation will be biggest challenge for economic growth
Finance and investment professionals have a positive outlook on India’s economic growth and the stock market for the fiscal year that began on 1 April, but they fear inflation will remain on the higher side, according to the third annual Indian Association of Investment Professionals (IAIP) forecast survey. The annual survey was conducted among more than 500 participants. Nearly half of the respondents expect equities to provide the best total returns during fiscal 2011-12, though the same forecast in last year’s survey missed the mark, with commodities outperforming other asset classes in 2010-11. Here’s a detailed look at the expectations for 2011-12 and how the forecasts for the past fiscal year fared.