"Immigration restrictions are the main source of India's vulnerability," said Sonal Varma, chief India economist at Nomura, in a note. "The viability of the offshoring model of Indian software firms would be at risk." Money Control, 2 months ago
Freight and fridge sales: Indian economists seek GDP clues amid data doubts - Sify, 1 month ago
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"We expect growth to remain subdued in the first quarter of 2017 as the activity level remains below its recent peak," Sonal Varma chief India economist at Nomura said in a research note.DNA, 2 months ago
The challenge is daunting: Convert an economy of more than 1 billion consumers, 29 states, 22 official languages, 9 million businesses all operating under a spider’s web of taxes, arcane regulations and competing political ambitions into a unified common ...The Financial Chronicle, 2 days ago
The Indian Meteorological Department’s forecast of a normal monsoon with chances of El-Nino condition interfering with the rainfall pattern in the second of half of the four-month long monsoon period – indicating abnormal rains from August onwards – led ...The Financial Chronicle, 1 week ago India may face weak monsoon under El Nino effect: Nomura Business Standard, 1 month ago
After RBI governor Urjit Patel and other top bankers criticised the Rs 36,000 core farm loan waiver announced by the BJP government in Uttar Pradesh, a foreign brokerage has said write offs of up to 2 per cent of GDP in the run up to 2019 polls pose ...The Financial Chronicle, 1 week ago
Wary of inflation, the Monetary Policy Committee of the Reserve Bank of India (RBI) in its first review for FY18 kept the repo rate unchanged as widely expected but surprised by hiking the reverse repo rate by 25 basis points (bps) to 6 per cent. This ...The Financial Chronicle, 2 weeks ago Main focus of monetary policy will be on liquidity: Nomura Money Control, 2 weeks ago
India's growth momentum witnessed a recovery in January but it is not broad-based and overall economic activity remains below pre-demonetisation levels, says a Nomura report.The slowdown that started in the October-December quarter of 2016, post the ...Deccan Herald, 2 months ago Growth slowdown spilling over into Jan-Mar qtr: Nomura Business Standard, 2 months ago
Wholesale Price Index-led inflation or WPI is expected to rise in the next three months and is likely to average around 4.4% in 2017, much higher than 2% in 2016, says a Nomura report. India's WPI inflation rose to a 30-month high of 5.2% in January from 3.4% ...DNA, 2 months ago
Defying the impact of the note- ban which has yanked down consumer sentiment, the rural wages have been on a steady upward spiral, rising by 7.3 per cent in November, suggesting a likely release of pent-up demand after demonetisation, says a report. "Nominal ...Business Standard, 2 months ago
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