India’s nominal GDP may hit a six-year low; corporate revenue growth to lag in FY26: Report
Jefferies projects a slowdown in India’s corporate revenue and earnings growth for FY26 due to an anticipated moderation in nominal GDP growth to 9%, the second-lowest since FY04, excluding FY21. Despite steady real GDP growth, easing inflation is the primary driver. This deceleration may also impact credit expansion, potentially affecting the financial sector and investment…
