Goldman Sachs cuts India GDP forecast to 5.9%, sees inflation rise and possible RBI rate hike
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Goldman Sachs cuts India GDP forecast to 5.9%, sees inflation rise and possible RBI rate hike
Goldman Sachs has lowered India's GDP growth forecast for 2026 to 5.9%, down from 6.5%, citing global uncertainties, geopolitical tensions, and supply disruptions. The firm has also raised its inflation outlook, projecting CPI at 4.6%, indicating persistent price pressures. The report further flags the possibility of a 50 basis point rate hike ...
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