Categories: Economy

Nomura slashes India’s GDP forecast to 12.6% in FY22

The Japanese brokerage company Nomura has revised the GDP forecast of India in the financial year 2021-22 (FY22) to 12.6 per cent from the previous estimate of 13.5 per cent, amid rising coronavirus cases and higher inflation. Nomura has pegged the calendar year GDP growth at 11.5 per cent, a decline from 12.4 per cent estimated earlier.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Find More News on Economy Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Jallianwala Bagh Massacre 1919 A Tragic Event in Indian History

The Jallianwala Bagh Massacre of 1919 is one of the most pivotal and tragic events…

7 hours ago

Which Country is known as the Himalayan Kingdom?

There is a small and beautiful country in South Asia that is often called the…

20 hours ago

Vishu 2025, Know Date, Time, History, Significance and Celebrations

Vishu is a major Hindu festival celebrated mostly in Kerala and parts of Tamil Nadu.…

22 hours ago

James Anderson Awarded Knighthood Honour

James Anderson, England's legendary fast bowler, has been awarded a knighthood in the resignation honours…

23 hours ago

Which City of Lebanon is Known as the Paris of the Middle East?

There is a city in the Middle East that has been given a very special…

23 hours ago

Dr. Ambrish Mithal Conferred with the Prestigious IOF 2025 CSA Medal of Achievement

Dr. Ambrish Mithal, a renowned Indian endocrinologist, has been honored with the 2025 Committee of…

1 day ago