The gross domestic product is expected to grow only 5 per cent while the exchange rate of the Indian rupee to the dollar is expected to breach the Rs 50 level next year according to a risk assessment report prepared by IMA Asia, an associate of the Economist Corporate Network, in the wake of the bombing attacks in the US.
The Indian economy will face a very high risk if there is a sharp increase in global oil prices, while the Indian GDP is expected to grow at a healthy 6.3 per cent in the next financial year, the report said. It also said that diversified Indian groups like Tata and Reliance and large software companies with huge export incomes need to be carefully watched over the coming months.