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.
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.
