Madan Sabnavis, Chief economist, CARE RatingsMadan Sabnavis, Chief economist, CARE RatingsGDP growth (FY21) 6-6.5%CPI inflation (FY21) 4-4.5%Gold (FY21) $1,500-1,550/ounceSensex (FY21) 43,000GDP growth will be aided by limited recovery in some sectors and the base effect. Food inflation will be contained due to the base effect, but there can be single product shocks. Vishakha, MD and CEO, IndiaFirst Life InsuranceGDP growth (FY21) 6.3%CPI inflation (FY21) 3.4%Gold (FY21) $1,600/ounceSensex (FY21) 46,200Thanks to government initiatives and the demographic advantage that India has, growth opportunities are huge. Shanti Ekambaram, president, consumer banking, Kotak Mahindra BankShanti Ekambaram, president, consumer banking, Kotak Mahindra BankGDP growth (FY21) 5.5-6%CPI inflation (FY21) 4.6%Gold (FY21) $1,480-1,750/ounceSensex (FY21) 9-10% rise from Dec 2019The first half of FY21 will continue to be challenging. The economy has twin challenges of low investment and slowing consumption demand.

Source: Mint January 02, 2020 00:45 UTC