Mint takes a look at what is happeningHow do quarterly growth forecasts look? Nomura has also cut its GDP growth forecast for the September quarter to 4.2% against 5% earlier. In this scenario, it is but natural that economic growth (measured by GDP growth) will slow down as well. The economic growth in 2019-20 is likely to be less than 5%— something that hasn’t happened in a decade. And that’s primarily because history clearly shows us that economic growth cannot be always taken for granted.
Source: Mint November 17, 2019 17:48 UTC