India's non-bank financial companies (NBFCs) are expected to expand faster than traditional banks over the coming decade as lenders adopt artificial intelligence and expand into new loan segments, according to a research report by Nomura.
The Union Budget's continued focus on capital expenditure and manufacturing is a positive, but a slower pace of fiscal consolidation and higher market borrowings are disappointing, according to investment bank Nomura.
The global brokerage firm said the commercial vehicle sector appears poised for an upcycle after several years of muted growth, with volumes expected to pick up over the next two to three years
Nomura, in its latest report, expects CPI inflation to "drift gradually higher in the coming months" following the transition to a 2024 base year. This overhaul includes updated weights that prioritize core categories over staple foods and introduces significant methodological upgrades to da
The Indian medium and heavy commercial vehicle (M&HCV) industry appears to be entering the next upcycle, with industry volumes estimated to grow by around 8 per cent year-on-year in FY26 and 10 per cent in FY27, following a period of modest growth, according to a report by Nomura.
The growth of the Indian pharmaceuticals market (IPM) continues to remain muted in November, staying in single-digit territory for the past 32 months, Nomura said in its latest report.
Indian banks are set for a "decisive profitability inflection point" as net interest margins (NIMs) begin to recover after several quarters of compression, according to a latest sector report by Nomura.
The festive season in the October has brought mixed trends for India's automobile industry, with passenger vehicles (PVs) and tractors showing signs of improvement while two-wheelers (2Ws) continue to trail expectations, according to a report by Nomura.
Organized players in the Indian gold jewellery industry are expected to grow faster than the overall industry and capture a 45 per cent market share by FY30, according to a report by Nomura.
Loan growth in India is expected to improve in the coming years supported by stabilising asset quality and policy push from the government and the Reserve Bank of India (RBI), according to a report by Nomura.
Front-loading by major Asian economies ahead of the US reciprocal tariffs has significantly altered global export patterns, according to a Nomura report.