Goldman Sachs predicts steady India GDP growth
Goldman Sachs is holding steady on its prediction that India's economy will grow by 6.2% in FY25-26, and even faster—6.7%—the year after.
They're pointing to better growth-inflation trends and friendlier government policies as reasons for optimism.
While more government spending and easier money from the central bank could give things a boost, the real impact might not show up until later.
Global issues? India can handle it: Goldman
Despite global drama—think trade tensions and issues in West Asia—Goldman Sachs says India's economy is tough enough to handle it.
They expect oil prices to stay manageable, with the government ready to cushion any price shocks if needed.
RBI likely to cut rates later this year
The Reserve Bank of India might cut interest rates later this year if inflation stays cool (they're expecting around 3.5% in late FY25-26).
Don't expect the rupee to soar though—the RBI is likely to keep things steady behind the scenes.