Goldman Sachs predicts India's balance of payments will shift to a surplus in 2026, reducing the current account deficit forecast to 1.3% GDP.

Goldman Sachs predicts India's balance of payments will shift to a surplus in 2026, reducing the current account deficit forecast to 1.3% GDP.

India achieved a current account surplus of $4.7 billion in April 2026. This positive development occurred even with a larger merchandise trade deficit. Stronger net services…