GK and monthly revision

Goldman Sachs raises India FY27 growth forecast to 6.5%

Goldman Sachs has revised India's FY27 growth forecast to 6.5%, driven by lower oil prices and reduced supply chain issues. This adjustment is significant as it reflects optimism in the Indian economy amidst global uncertainties, particularly the geopolitical tensions in the Middle East. The forecast also indicates an expected inflation reduction to 4.9% and a potential 50 basis point repo rate hike by the RBI in 2026, highlighting the central bank's proactive stance on monetary policy.