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

AddThis Website Tools
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

Birsa Munda Punyatithi 2025, 125th Death Anniversary of Birsa Munda

Birsa Munda Punyatithi is observed every year on June 9 to remember and honour Birsa…

29 mins ago

Eminent Scholar Daji Panshikar Passes Away at 92

Renowned scholar, author, and literary commentator Daji Panshikar, also known as Narahari Vishnu Shastri, passed…

1 hour ago

GK Quiz on the Chenab Rail Bridge, Questions and Answers

The Chenab Rail Bridge is a world-famous railway bridge built in Jammu and Kashmir, India.…

2 hours ago

Chenab Rail Bridge: Team Behind the Construction of the Bridge

The Chenab Rail Bridge in Jammu and Kashmir is the world's highest railway arch bridge.…

4 hours ago

Rohini Gram Panchayat Wins Gold in National e-Governance Awards 2025

In a momentous achievement for rural digital transformation, Rohini Gram Panchayat in Shirpur taluka, Dhule…

4 hours ago

Ladakh Reservation and Language Regulations Promulgated by President

In a landmark move for the Union Territory of Ladakh, President Droupadi Murmu has promulgated…

4 hours ago