Oct 10, 2022
Nomura said that the the spillover effects from the global slowdown are being underestimated, and that the optimism in FY24 may be misplaced. Japanese brokerage Nomura has projected a sharp moderation in India's growth rate for FY24 to 5.2 per cent as compared to FY23, saying Indian policymakers are “misplaced” about their optimism on the country's growth prospects
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