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Goldman, EY upbeat on India growth on lower crude prices
Goldman Sachs and EY on Friday said that the easing of West Asia crisis and lower energy prices will be positive for the Indian economy, supporting growth, easing inflationary pressure and helping rein in fertiliser subsidy, which was seen to be double the budgeted level. “…with the recent downward revision in the oil price forecast… we raise our real GDP growth forecast for CY2026 by 0.3 percentage point to 6.8% Y-o-Y, lower our headline inflation forecast by 0.2pp to 4.4% Y-o-Y and lower our current account deficit forecast by 0.2pp to 1.1% of GDP,” Goldman Sachs economics research team said in a note.
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economictimes.indiatimes.com
India's FY27 growth likely to slow down to 6.6% on energy stress, sub-par monsoon: S&P
India's economic growth is projected to slow to 6.6% in the current fiscal year, according to S&P Global Ratings. This slowdown is attributed to energy market pressures, a…
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S&P cuts India's FY27 growth forecast to 6.6%, sees inflation at 5.1%
India's economic growth is projected to slow to 6.6% in 2026-27 due to energy pressures, a weaker monsoon, and global slowdown, S&P Global Ratings reported. Retail inflation is…
