Goldman Sachs has raised its real GDP growth forecast for India to 6.8% for calendar year 2026, up 30 basis points from its earlier estimate, citing lower oil prices, easing supply disruptions and resilient domestic activity after the US-Iran peace deal.
The investment bank now expects stronger economic growth, lower inflation, and an improved fiscal and external position as easing tensions in the Middle East reduce crude oil prices and support economic activity. It has also raised its FY27 GDP growth forecast by 40 basis points to 6.5%.
