Tag: urban consumption
Posted in Economy
India has entered cyclical growth slowdown, RBI’s 7.2 pc estimate ‘overly optimistic’: Nomura
October 28, 2024 Leave a Comment on India has entered cyclical growth slowdown, RBI’s 7.2 pc estimate ‘overly optimistic’: Nomura
Mumbai: Japanese brokerage Nomura on Monday said the Indian economy has entered a phase of “cyclical growth slowdown” and the Reserve Bank’s estimate of 7.2…
Posted in Economy
GDP growth: Q1 growth seen in slow motion on manufacturing slump, lower government spending amid polls
August 23, 2024 Leave a Comment on GDP growth: Q1 growth seen in slow motion on manufacturing slump, lower government spending amid polls
Slowing urban consumption, softer manufacturing sector growth and moderate government expenditure amid elections may have dragged down growth in the first quarter of FY25. India’s…