It expects India to be less vulnerable to higher crude oil prices than in previous years, citing lower oil intensity, improved energy efficiency and greater responsiveness of oil demand to increasing prices.

Capital flows may just edge up to offset higher CAD

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.

It expects India to be less vulnerable to higher crude oil prices than in previous years, citing lower oil intensity, improved energy efficiency and greater responsiveness of oil…