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India's Economy to Shine Amidst Global Conflict, Nomura Forecasts 7% GDP Growth by 2027
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Nomura: India's GDP to Grow 7% by FY27, Defying Middle East Conflict
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News18
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12-03-2026, 15:10
Nomura: India's GDP to Grow 7% by FY27, Defying Middle East Conflict
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Nomura forecasts India's economy to grow at 7% by FY27, even with ongoing Middle East conflict.
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The investment bank raised its current account deficit (CAD) forecast to 1.6% and CPI to 4.5% for FY27.
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Geopolitical tensions in West Asia could slow industrial activities due to energy shortages, particularly natural gas.
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Despite challenges, Nomura expects a cyclical recovery driven by past policy easing and structural reforms.
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Rising energy prices are increasing inflation pressures, and interest rate hikes are now a possibility.
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