TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Mawsynram to Get the World’s First Rain Museum

    Soaked in Culture: Mawsynram to Get the World’s First Rain Museum

    Ghaziabad Mayor Orders FIR Over Illegal 'Mazar'

    Ghaziabad Cracks Down on ‘Land Jihad’: Mayor Orders FIR Over Illegal ‘Mazar’

    From Magadh to Mumbai: Thackeray Roots Revisited Amid Raj-Uddhav Reunion

    From Bihar to Mumbai: Thackeray Roots Revisited Amid Raj-Uddhav Reunion

    All is not well within the ruling alliance in Jharkhand.

    Tensions in Jharkhand: Cracks Appear Between JMM and Congress, Raising Concerns for INDI Bloc

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India’s Forex Reserves Surge Past $700 Billion

    India’s Forex Reserves Surge Past $700 Billion, Close to All-Time Record

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Improving Communication and Collaboration in Distributed Teams: Strategies for Indian Business Analysts

    Improving Communication and Collaboration in Distributed Teams: Strategies for Indian Business Analysts

    Why Every Modern Retail Shop Needs Reliable Billing Software Today

    Why Every Modern Retail Shop Needs Reliable Billing Software Today

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Major Arms Seizure in Manipur Hill Districts

    Amid Ongoing Tensions, Security Operation Yields Major Arms Seizure in Manipur Hill Districts

    military reveals china-pakistan-turkey nexus during operation sindoor

    One Border, Three Adversaries: Indian Army Blasts China-Pakistan-Turkey Axis in Operation Sindoor

    INS Tamal marks the end of import of Indian Warships

    INS Tamal Marks End of Warship Imports as India Sets Sail on Atmanirbhar Bharat Path

    UK’s 5th-Gen F-35B Jet Grounded in Kerala Set to Be Airlifted After Weeks of Uncertainty

    UK’s 5th-Gen F-35B Jet Grounded in Kerala Set to Be Airlifted After Weeks of Uncertainty

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Sydney Protest Sends Global Message Against Hindu Persecution in Bangladesh

    Sydney Protest Sends Global Message Against Hindu Persecution in Bangladesh

    PM Modi Receives Trinidad's Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    PM Modi Receives Trinidad’s Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    when gandhi's statue was removed in ghana

    When Mahatma Gandhi’s Statue Was Removed in Ghana for Being ‘Racist’

    Empower the Global South: PM Modi

    Time to Reshape Global Governance, Empower the Global South: PM Modi

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    The Beginning of Devotion: History of the First Kanwar Yatra

    The Beginning of Devotion: History of the First Kanwar Yatra 

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    char dham yatra suspended due to bad weather

    Uttarakhand Suspends Char Dham Yatra Due to Adverse Weather, Prioritizes Pilgrim Safety

    Sanatan Mahakumbh Event Scheduled at Patna’s Gandhi Maidan

    Sanatan Mahakumbh Event Scheduled at Patna’s Gandhi Maidan on July 6

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    say no to alcohol for 6 months

    How Quitting Alcohol for 6 Months Can Transform Your Health

    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    India's Tour of Bangladesh Likely Postponed Amid Political Unrest

    India’s Tour of Bangladesh Likely Postponed Amid Political Unrest

    What Is The Best Way To Bet On Tennis?

    What Is The Best Way To Bet On Tennis?

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Mawsynram to Get the World’s First Rain Museum

    Soaked in Culture: Mawsynram to Get the World’s First Rain Museum

    Ghaziabad Mayor Orders FIR Over Illegal 'Mazar'

    Ghaziabad Cracks Down on ‘Land Jihad’: Mayor Orders FIR Over Illegal ‘Mazar’

    From Magadh to Mumbai: Thackeray Roots Revisited Amid Raj-Uddhav Reunion

    From Bihar to Mumbai: Thackeray Roots Revisited Amid Raj-Uddhav Reunion

    All is not well within the ruling alliance in Jharkhand.

    Tensions in Jharkhand: Cracks Appear Between JMM and Congress, Raising Concerns for INDI Bloc

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India’s Forex Reserves Surge Past $700 Billion

    India’s Forex Reserves Surge Past $700 Billion, Close to All-Time Record

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Improving Communication and Collaboration in Distributed Teams: Strategies for Indian Business Analysts

    Improving Communication and Collaboration in Distributed Teams: Strategies for Indian Business Analysts

    Why Every Modern Retail Shop Needs Reliable Billing Software Today

    Why Every Modern Retail Shop Needs Reliable Billing Software Today

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Major Arms Seizure in Manipur Hill Districts

    Amid Ongoing Tensions, Security Operation Yields Major Arms Seizure in Manipur Hill Districts

    military reveals china-pakistan-turkey nexus during operation sindoor

    One Border, Three Adversaries: Indian Army Blasts China-Pakistan-Turkey Axis in Operation Sindoor

    INS Tamal marks the end of import of Indian Warships

    INS Tamal Marks End of Warship Imports as India Sets Sail on Atmanirbhar Bharat Path

    UK’s 5th-Gen F-35B Jet Grounded in Kerala Set to Be Airlifted After Weeks of Uncertainty

    UK’s 5th-Gen F-35B Jet Grounded in Kerala Set to Be Airlifted After Weeks of Uncertainty

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Sydney Protest Sends Global Message Against Hindu Persecution in Bangladesh

    Sydney Protest Sends Global Message Against Hindu Persecution in Bangladesh

    PM Modi Receives Trinidad's Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    PM Modi Receives Trinidad’s Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    when gandhi's statue was removed in ghana

    When Mahatma Gandhi’s Statue Was Removed in Ghana for Being ‘Racist’

    Empower the Global South: PM Modi

    Time to Reshape Global Governance, Empower the Global South: PM Modi

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    The Beginning of Devotion: History of the First Kanwar Yatra

    The Beginning of Devotion: History of the First Kanwar Yatra 

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    char dham yatra suspended due to bad weather

    Uttarakhand Suspends Char Dham Yatra Due to Adverse Weather, Prioritizes Pilgrim Safety

    Sanatan Mahakumbh Event Scheduled at Patna’s Gandhi Maidan

    Sanatan Mahakumbh Event Scheduled at Patna’s Gandhi Maidan on July 6

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    say no to alcohol for 6 months

    How Quitting Alcohol for 6 Months Can Transform Your Health

    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    India's Tour of Bangladesh Likely Postponed Amid Political Unrest

    India’s Tour of Bangladesh Likely Postponed Amid Political Unrest

    What Is The Best Way To Bet On Tennis?

    What Is The Best Way To Bet On Tennis?

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

Nomura group joins IMF, Harvard as latest organisation to predict Indian economic boom

Amit Agrahari by Amit Agrahari
16 May 2018
in Trending
nomura, gdp

PC: Rise For India and dealstreetasia.com

Share on FacebookShare on X

A report by Japanese financial services firm Nomura has predicted that India’s GDP growth for January- March quarter will be 7.7 percent up from 7.2 percent in the previous quarter. According to the report, “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)”, suggesting improvement in economic activities in core industries like steel, oil, cement, coal etc.

Nomura financial services is a subsidiary of Nomura Group which enjoys considerable reputation in the market. It became famous for acquiring global financial services giant Lehman Brothers after the 2007-2008 financial crisis in which Lehman brothers had gone bankrupt. The report, while suggesting a boom in private consumption in the near future, gave a note of caution on rising oil prices and tight fiscal policy in future, saying “While we remain optimistic on the near-term growth outlook, we expect the adverse impacts of rising oil prices and tighter financial conditions to slow growth further out.”

RelatedPosts

India’s Economic Engine Accelerates: S&P Projects 6.5% GDP Growth for FY26

SBI report projects strong Q4 FY25 GDP growth for India at approximately 6.4-6.5%

India’s GDP Growth Hits 105%, Set to Overtake Japan in 2025 and Germany by 2027

Load More

A few days earlier, International Monetary Fund (IMF) in its Regional Economic Outlook Report declared India as the fastest growing major economy in the Asia-Pacific region. It pegged India’s GDP growth at 7.4% this financial year and 7.8% for the upcoming one. According to the IMF, “India’s recovery is expected to be underpinned by a rebound from transitory shocks – like the currency exchange initiative and the rollout of the Goods and Services Tax – as well as robust private consumption. Medium-term growth prospects remain positive, benefiting from key structural reforms”. It has credited PM Modi’s economic reforms like GST, Insolvency and Bankruptcy Code (IBC) as well as the privatization of loss making public sector undertakings like Air India and Hindustan Machine Tools (HMT). Air India was one of the largest loss making government units held by the government, but previous governments were reluctant to privatize the unit. The losses were directly a burden on honest, taxpaying citizens.  According to Economic Survey, GST led to 50% increase in indirect taxpayer base. These extra funds could be used by the government to provide public utilities like health and education to millions of poor Indians.

Another report by Centre for International Development (CID) of Harvard University mentioned that countries like India and Vietnam will be growing the fastest in coming days because they have diversified their economies into many complex sectors.  According to the report “India tops the list as the fastest growing country for the coming decade, at 7.9 per cent annually, in the economic complexity growth projections. India has made inroads in diversifying its export base to include more complex sectors, such as chemicals, vehicles, and certain electronics”.

Indian economy was slowing down in the last years of the UPA government (2012-2014), but the economy picked up pace again when the new BJP government came with a full majority of its own in the Lok Sabha. The government undertook a series of reforms in taxation laws, labor market laws and education sector. The fruits of these reforms have started showing up with India projected as the fastest growing major economy for the next decade in every government and non-government study.

As report after report is concluding that the Indian economy as well as the GDP is growing at fastest rate in comparison to any other major economy, the delusional claims by  opposition leaders like Rahul Gandhi that the economy is on a downward path seem unfounded. It also shows the limited understanding of business and economy on part of the opposition, with them trying to create a myth of recession and unemployment among the Indian public.

Tags: GDPnomura
Share1317TweetSend
Previous Post

Its official- Congress has sidelined Rahul Gandhi

Next Post

‘Three Idiots’ fame Sonam Wangchuk’s new innovation gets praise from the Indian Army.

Related Posts

Mawsynram to Get the World’s First Rain Museum
Trending

Soaked in Culture: Mawsynram to Get the World’s First Rain Museum

6 July 2025

In a first-of-its-kind initiative, the Meghalaya government has announced the development of the world’s first Rain Museum in Mawsynram,...

Ghaziabad Mayor Orders FIR Over Illegal 'Mazar'
Politics

Ghaziabad Cracks Down on ‘Land Jihad’: Mayor Orders FIR Over Illegal ‘Mazar’

5 July 2025

In a firm step against what officials are describing as a case of "land jihad," Ghaziabad Mayor Sunita Dayal...

From Magadh to Mumbai: Thackeray Roots Revisited Amid Raj-Uddhav Reunion
Analysis

From Bihar to Mumbai: Thackeray Roots Revisited Amid Raj-Uddhav Reunion

5 July 2025

In a dramatic political moment, estranged cousins Raj and Uddhav Thackeray reunited on a public stage after two decades,...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Murugan Wave Rattles INDIA Bloc, Triggers Reactionary Meet in Madurai

Murugan Wave Rattles INDIA Bloc, Triggers Reactionary Meet in Madurai

00:08:10

Rage on stage: why a police officer resigned quit after CM's outburst

00:03:40

Right to religion vs duty to identify: where should India draw the line?

00:04:34

Junior Kharge Calls to Ban RSS Amid Karnataka Congress Civil War!

00:10:02

Kerala Muslim Groups oppose Zumba classes for School Children

00:07:21
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited