Nomura projects India’s GDP growth rate for FY24 at 5.9%; FY25 at 5.6%

Nomura projects India’s GDP growth rate for FY24 at 5.9%; FY25 at 5.6%

  • Rating agency, Nomura has made the following projections of GDP growth rate of India
    • for FY24 (2023-24): 5.9%. Earlier it was 5.5%.
    • for FY25 (2024-25) GDP: 5.6%. Earlier it was 6.5%

Source: Business Standard

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