Goldman Sachs cuts India's FY26 GDP forecast to 5.9%
pre-market1 source ↓written by the desknot a recommendation
- growth forecast
- 5.9%
- prior
- 7%
- per barrel
- $115
Goldman Sachs has sharply downgraded India's FY26 GDP growth forecast to 5.9%, down from 7% prior to the Iran war. This marks the second downgrade amid rising inflation concerns and potential rate hikes by the RBI in April. The firm also anticipates crude prices could reach $115 per barrel, exacerbating inflation risks for India.
Not investment advice. For informational purposes only.