Morgan Stanley has cut India's 2012 economic growth forecast to 6.3 per cent from prior 6.9 per cent; 2013 forecast to 6.8 per cent from 7.5 per cent.
On a financial year basis, Morgan Stanley expects FY13 growth at 6.3 per cent and FY14 growth at 6.9 per cent.
"Bad" growth mix - a combination of high national deficit and an expansionary policy of supporting consumption while private investment slows - has reached its limits, Morgan Stanley said.

Morgan Stanley has cut India\'s 2012 economic growth forecast to 6.3 per cent from prior 6.9 per cent.
It said it expected the RBI to lower repo rate by an additional 100 bps by March 2013, after 50 bps cut effected in April.
(For updates you can share with your friends, follow IBNLive on Facebook, Twitter, Google+ and Pinterest)













Meiyappan will be grilled over IPL spot-fixing too: Mumbai Police
IPL betting: Finance Ministry responsible for taking action, says BJP
Pawar should replace Srinivasan as BCCI chief: Subrata Roy
Meiyappan neither the owner, nor CEO of CSK: India Cements

Live: Meiyappan arrives at Mumbai Crime Branch office for questioning
CSK deletes all mentions of Gurunath Meiyappan from its website
Meiyappan neither the owner, nor CEO of CSK: India Cements
Live Blog: Rajasthan opt to bat first against Mumbai




