Nomura lowers its FY25 GDP forecast for India to 6.7%

Nomura has revised India's FY25 economic growth forecast to 6.7%, down from 6.9%, after April-June quarter GDP data showed slower-than-expected growth. The GDP grew at 6.7%, below the Reuters poll forecast of 6.9%, attributed to a drop in government spending during national elections.
Read The Rest at :