Categories: Economy

Nomura Revises GDP Growth Estimate of India in FY22 to 10.8%

Nomura has cut the GDP growth estimate of India for the current 2021-22 fiscal (FY22) to 10.8 per cent from the earlier projection of 12.6 per cent. The cut in the GDP rate is due to the impact of the second wave-induced lockdowns. Nomura is a Japanese brokerage having its headquarter in Tokyo.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.