Growth pains set to bottom out in June quarter: Nomura

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Growth pains set to bottom out in June quarter: Nomura

Jul 31, 2019 12:41 IST

Global research house Nomura says that despite an effort by policymakers to revive the sagging growth momentum, the economy is set to print in a 5.7 percent uptick in the June quarter and is likely to bottom out from there. Nomura notes that India presents a picture of "short-term despair and medium term hope".