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Tag: Nomura

Nomura expects India to be the fastest-growing Asian economy in FY21

December 10, 2020
Nomura
  • The Japanese research and brokerage house Nomura has predicted India to be the fastest-growing Asian economy in 2021.
  • Nomura has approximated the gross domestic product (GDP) growth of India for the calendar year 2021 (CY21) at 9.9%. For the calendar year 2020 (CY20), Nomura expects GDP growth at -7.1 percent.

India’s GDP to contract by 6.1% in FY21: Nomura

July 23, 2020
GDP
  • As per the report of Nomura Holdings, India’s Gross domestic Product(GDP) is likely to contract by 6.1%(-6.1%) in FY21 as economic activity continues to be weak due to COVID-19 pandemic.