Nomura optimistic on India; sees GDP to grow by 7.7 pct in January-March
Nomura says despite the moderation in March, industrial production growth averaged 6.2 per cent in the January-March period, up from 5.9 per cent in Q4 (October-December).
GDP is expected to grow by 7.7 per cent in January-March, up from 7.2 per cent in the preceding quarter. Image source: Reuters