India's FY26 GDP growth to drop to 6.2%: Nomura
India's FY26 economic growth is expected to decline further to 6.2 per cent from 6.5 per cent in FY25, according to a baseline review by Japanese brokerage Nomura. There is a ‘divergence’ between the growth in GST collections and across other high-frequency growth indicators, it noted in a research note. Nomura expects the investment cycle to get delayed because of the global uncertainties.
India's FY26 economic growth is expected to decline further to 6.2 per cent from 6.5 per cent in FY25, according to a baseline review by Japanese brokerage Nomura.
There is a ‘divergence’ between the growth in GST collections and across other high-frequency growth indicators, it noted in a research note.
Nomura expects the investment cycle to get delayed because of the global uncertainties.
