HomeNewsEconomyNomura cuts Indian GDP Growth Estimate in FY22 to 10.8%

Nomura cuts Indian GDP Growth Estimate in FY22 to 10.8%

Nomura cuts Indian GDP Growth Estimate in FY22 to 10.8%

Nomura has downgraded the Indian GDP growth estimate to 10.8 % for the current 2021-22 fiscal (FY22) due to the surge of the 2nd wave of COVID-19 and lockdowns in the country. prior to this, Nomura made a projection of 12.6%.

About Nomura –

CEO: Kentaro Okuda
Headquarters: Tokyo, Japan
Founder: Tokushichi Nomura II
Founded: 25 December 1925

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SourceThe Hindu
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