India's GDP growth to slow to 6.7% in fourth quarter of FY17: Nomura
Nomura has projected India's gross domestic product (GDP) to slow to 6.7% in the January to March quarter of fiscal year 2016-17 (FY17).
"We expect GDP growth to slow from 7% in October-December 2016 to 6.7% in January-March 2017 as activity is yet to recover to levels seen prior to demonetisation," Nomura said in a research note. Image Source: Reuters