UBS Securities

UBS Securities' Research Predicts Slowed Growth for Indian Economy in Second Half of FY 2019

“We believe headwinds, including tighter financial conditions, high oil prices, slowing global growth and a still muted private corporate capex recovery on legacy issues of high debt and weakened balance sheets will weigh on India’s growth momentum,” UBS Securities India’s Economist Tanvee Gupta Jain and Strategist Rohit Arora said in a research note.