Headline inflation to average 8.6% in 2011-12: Nomura

India`s headline inflation is likely to remain high this year too, registering an average of 8.6 percent in 2011-12 as manufacturers are likely to pass on input costs to consumers, global banking giant Nomura said Tuesday.

Red Knights appoint Nomura to advise on Man Utd

Wealthy supporters trying to put a bid together for English Premier League champions Manchester United have appointed Nomura as financial advisers, in a further sign of serious intent.

Nomura revises India`s GDP forecast to 7%

In view of India`s pleasantly
surprising GDP growth for the second quarter, Nomura Financial
Advisory & Securities (India) today revised the country`s
FY`10 GDP growth forecast at 7 percent from 6 percent
earlier.

Nomura posts Q2 profit at 27.7 bn yen

Financial services major Nomura Holdings has posted a profit of 27.72 billion yen in the second quarter, buoyed by strong growth in retail and asset management segments and expansion of its business overseas.

‘Rising prices to push inflation to 8% by March-end’

Rising prices of food items and industrial goods are likely to push inflation to eight per cent in the next six months, much above the RBI`s projection of 5%, global financial services firm Nomura has said.

Nomura cuts India`s FY10 growth forecast to 6%

India`s economic growth could slow to 6 percent from 6.3 percent in 2009/10 dragged by contraction in agricultural growth, Nomura said in a recent note.