Goldman Sachs raises India FY27 growth forecast to 6.5%

Goldman Sachs has boosted India's FY27 growth outlook to 6.5%, citing lower oil prices and easing supply issues. The investment bank also anticipates a dip in inflation to 4.9%. Despite initial consumption resilience during Middle East tensions, a slight softening in investment was noted. Goldman Sachs projects a 50 basis point repo rate hike by the RBI in 2026, while acknowledging weather-related risks to rural demand.