Goldman Sachs lifts India growth forecast, cuts CAD estimate after India-US trade deal
Goldman Sachs has boosted India's economic growth forecast for 2026 to 6.9% and reduced its current account deficit estimate to 0.8% of GDP. This positive revision follows the India-US trade deal, which lowers US tariffs on Indian exports. The brokerage also noted the Indian Rupee's recent strength, though further appreciation is unlikely, and expects interest rates to remain stable.
Goldman Sachs has boosted India's economic growth forecast for 2026 to 6.9% and reduced its current account deficit estimate to 0.8% of GDP. This positive revision follows the India-US trade deal, which lowers US tariffs on Indian exports. The brokerage also noted the Indian Rupee's recent strength, though further appreciation is unlikely, and expects interest rates to remain stable.
