Morgan Stanley flags energy shock as key risk, warns current account deficit may widen to 3%
- Posted on May 14, 2026
- By Financial Express
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- 1 min read
Morgan Stanley flags energy shock as key risk, warns current account deficit may widen to 3%
April's numbers came in stronger than most had expected. GST collections hit an all-time high. Manufacturing and services PMIs both moved higher. Bank credit growth stayed firm, and corporate earnings for the March quarter beat estimates on the back of healthy demand and stable margins, as per the Morgan Stanley report.