Nomura Holdings Inc., Japan’s biggest brokerage, dismissed senior trader Takushi Sawada after regulators concluded that he ...
Sonal Varma of Nomura talks about the factors affecting the Reserve Bank of India's monetary policy trajectory, adding that ...
Nomura cut India’s FY25 passenger vehicle growth estimate to 1% YoY, down from 4%, due to weak demand. In contrast, the ...
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The global financial services firm, however, lowered its financial year 2025 third quarter estimate for India's passenger ...
Small and affordable cars once formed the backbone of the Indian auto industry but lost market share to the rise of SUVs.
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Nomura lowered its financial year 2025 third-quarter estimate for India's passenger vehicle (PV) industry to 1% year on year, which was 4% earlier. It maintained its estimate at 6% YoY for FY26/3F.
Nomura predicts India's passenger vehicle market will recover in 2025, but lowered its FY25 growth estimate to 1%. While small car demand remains weak, SUV and premium models are driving growth.