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Nomura said that the the spillover effects from the global slowdown are being underestimated, and that the optimism in FY24 may be misplaced. Japanese brokerage Nomura has projected a sharp moderation in India's growth rate for FY24 to 5.2 per cent as compared to FY23, saying Indian policymakers are “misplaced” about their optimism on the country's growth prospects
#Nomura #india #globalslowdown #FY24 #FY23 #indiagrowthrate #misplaced #pune #swiftnliftbusinessmagazine #swiftnlift
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