Growth cycle not durable, will peak in first-half of 2022: Nomura

Higher inflation and wider current account deficit, which are the side effects of the loose policies adopted to push growth during the pandemic, will come into play, forcing the RBI to act even as the "scarring effects cast doubt on growth's durability", Nomura said in its yearly outlook.

from Economy-News-Economic Times https://ift.tt/3s1GLuq