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GDP Growth To Slow To 5.7% In Jan-Mar 2017: Nomura

India's economic growth is likely to remain muted in the first quarter of this calender year with the GDP likely to grow at 5.7 per cent in the January-March period amid subdued activity, says a report. According to the global financial ...

GDP Growth To Slow To 6% In Oct-Dec 2016: Nomura

Demonetization has stymied India's GDP growth and the October-December quarter show is likely to be around 6%, while for January-March it could climb down to 5.7%, forecasts a Nomura report. According to the Japanese financial services major, the consumption and services, ...

Dr Reddy's Continues To Fall; Nomura Cuts Target Price

Shares in Dr Reddy's continued to decline in trade, as Nomura cut the target to Rs 4,346 from 4,919 rupees. The shares of the company have fallen in the last few trading sessions after a US FDA warning and reports ...

Are Brokerages Bullish On Infosys' Shares After Q2 Results?

Infosys delivered a superb set of Q2 results with margins, revenues and net profits better than estimates. However, the company's guidance and the resignation of CFO Rajiv Bansal were the biggest disappointments following the results. Dollar revenue guidance for the full ...

Voltas Shares Slump As Nomura Downgrades Stock

Shares in Voltas fell sharply after Nomura downgraded the stock to a reduce. The stock was last trading at Rs 319.10 on the National Stock Exchange, down about 3 per cent over Monday's close. Nomura has suggested switching to the ...

Another 0.50% repo hikes in the offing: Analysts

Mumbai: Having been surprised by the repo rate increase on inflation concern, analysts expect new Reserve Bank Governor Raghuram Rajan to hike the key rate by another 0.50 percentage points this fiscal. The repo rate hike "indicates that the new ...

What is the fair value of the rupee against the dollar?

As the rupee sinks against the dollar and corporates hedge their risk, many would like to know: What is the fair value of the rupee against the dollar? While, it's not a simple question, here's what experts are saying. Economists ...

Nomura Sees No Economic Growth Recovery in Sight in India

Global brokerage Nomura today pegged the economic growth at one of the lowest at 5.6 per cent next fiscal, saying there is no recovery in sight on the non-agricultural component of the economy. "We are currently pencilling in a pick-up in ...

Foreign institutions screaming. Is the Government listening?

Foreign investors and foreign institutions have made a lot of comments about India in the last one week. Take a look at what they said about India and we just hope the government is listening. Nomura: “Foreign companies pulling out ...

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