India’s Revised GDP Growth Forecast FY25: Nomura Lowers Projection to 6.7%
Nomura Lowers India’s FY25 GDP Growth Forecast to 6.7% Introduction: India’s Economic Outlook In a recent report, global financial services firm Nomura has revised India’s GDP growth forecast for the financial year 2024-25 (FY25) to 6.7%, down from the earlier estimate of 6.9%. This revision comes amidst a global economic slowdown, and India’s domestic challenges,…