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Goldman Sachs lifts FY27 India growth forecast to 6.5% as oil price easing

Brokerage cites easing oil prices after the US-Iran peace deal, raises India's FY27 growth forecast to 6.5% and lowers headline inflation projection to 4.9%

Goldman Sachs lifts FY27 India growth forecast to 6.5% as oil price easing
Updated On : 26 Jun 2026 | 8:51 PM IST

India's FY27 GDP growth seen at 6.6-6.8% as energy prices ease: EY

India's economy is expected to grow at 6.6-6.8 per cent in the current fiscal, and a gradual normalisation of global energy markets is expected to ease supply-side pressures, improve cost conditions, and support growth and inflation outcomes during FY27, EY Economy Watch said on Friday. Considering the recent geopolitical developments, if global crude prices settle at relatively lower levels and shipments through the Strait of Hormuz normalise, the positive momentum of India's growth prospects is likely to be restored, the report said. "We expect, in FY27, real GDP growth at 6.6-6.8 per cent, CPI inflation at 4.5 per cent, nominal GDP growth at 12.5 per cent, Government of India fiscal deficit at 4.4 per cent and current account deficit at 1.5 per cent of GDP," EY Economy Watch said. It said India continues to demonstrate strong economic resilience despite external uncertainties, underpinned by robust domestic economic fundamentals and sustained private sector activity. A gradual .

India's FY27 GDP growth seen at 6.6-6.8% as energy prices ease: EY
Updated On : 26 Jun 2026 | 5:38 PM IST

Goldman Sachs lifts India GDP forecast to 6.8% for 2026 after US-Iran deal

The brokerage raised India's GDP forecast, while cutting its inflation estimate to 4.4% and current account deficit forecast to 1.1% of GDP, on falling crude oil prices after the US-Iran peace deal

Goldman Sachs lifts India GDP forecast to 6.8% for 2026 after US-Iran deal
Updated On : 26 Jun 2026 | 4:13 PM IST

Tax concessions, FCNR sweeteners may impact forex marginally: Joseph Thomas

A hike in the base rate, along with the tax concessions, would have been a workable proposition given the need to shore up the forex inflows, said Joseph Thomas, head of research, Emkay Wealth

Tax concessions, FCNR sweeteners may impact forex marginally: Joseph Thomas
Updated On : 05 Jun 2026 | 2:24 PM IST

RBI MPC strikes caution with growth cut, inflation risk: Sumeet Bagadia

The MPC's approach is data-dependent and cautiously hawkish: it acknowledges weaker growth, flags higher inflationary risks, and keeps policy unchanged for now to watch how the trade-off evolves.

RBI MPC strikes caution with growth cut, inflation risk: Sumeet Bagadia
Updated On : 05 Jun 2026 | 2:08 PM IST

Higher FY27 inflation target signals rate hikes to come later: Vijayakumar

The June monetary policy is a bold statement that addresses the present macro concerns even while striving to keep the resilient growth of the economy intact, says VK Vijayakumar

Higher FY27 inflation target signals rate hikes to come later: Vijayakumar
Updated On : 05 Jun 2026 | 12:50 PM IST

RBI deems monsoon major domestic risk: Key takeaways from June MPC decision

Keeping rates on hold, the RBI flagged concerns over fuel-led inflation, supply-chain disruptions and a weak monsoon while projecting GDP growth of 6.6 per cent for FY27

RBI deems monsoon major domestic risk: Key takeaways from June MPC decision
Updated On : 05 Jun 2026 | 11:41 AM IST

RBI MPC meet: Inflation for FY27 pegged at 5.1%, GDP growth at 6.6%

RBI MPC June: The policy committee kept the repo rate unchanged at 5.25 per cent, and the committee maintained its 'neutral' stance

RBI MPC meet: Inflation for FY27 pegged at 5.1%, GDP growth at 6.6%
Updated On : 05 Jun 2026 | 11:22 AM IST

Emkay raises FY27 Brent crude forecast to $90/bbl, cuts GDP outlook to 6.3%

Emkay Global has raised FY27 Brent crude oil price forecast to $90 per barrel citing West Asia tensions and inventory depletion. It has cut India's GDP growth outlook to 6.3 per cent

Emkay raises FY27 Brent crude forecast to $90/bbl, cuts GDP outlook to 6.3%
Updated On : 05 Jun 2026 | 8:52 AM IST

UN cuts India's 2026 GDP forecast to 6.4% citing global uncertainties

The United Nations has revised downward India's economic growth forecast for 2026 to 6.4 per cent from its earlier projection of 6.6 per cent, citing global uncertainties and economic shocks arising from the ongoing West Asia crisis. As per the report released by the UN Department of Economic and Social Affairs (UN DESA) on Tuesday, India, however, remains one of the fastest-growing major economies. West Asia crisis has delivered yet another shock to the global economy, slowing growth, reigniting inflationary pressures and heightening uncertainty, it said. Ingo Pitterle, Senior Economist and Officer-in-charge of Global Economic Monitoring Branch, Economic Analysis and Policy Division, UN DESA, said India is "not immune" to current global challenges. "It is a large energy importer and it is also exposed to other channels, for example, remittances, add to some vulnerability. Also, a global financial tightening will make monetary policy more complicated," he added. Pitterle pointed o

UN cuts India's 2026 GDP forecast to 6.4% citing global uncertainties
Updated On : 20 May 2026 | 1:10 PM IST

Morgan Stanley pegs India GDP growth at 6.7% in FY27

Sustained high oil prices, Morgan Stanley cautioned, could trigger non-linear and progressively larger impacts on growth, as the burden on households and firms intensifies over time.

Morgan Stanley pegs India GDP growth at 6.7% in FY27
Updated On : 13 May 2026 | 1:37 PM IST

Govt revises release date for annual and Q4 GDP estimates to June 7

The ministry said the change was necessitated because some "critical datasets become available only after a lag of up to two months"

Govt revises release date for annual and Q4 GDP estimates to June 7
Updated On : 12 May 2026 | 7:30 PM IST

India to grow 6.6% in FY27; needs package on BoP front: SBI report

India's economy is projected to grow at 6.6 per cent in 2026-27 fiscal while a comprehensive package is required on the Balance of Payments (BoP) front amid rupee depreciation and higher oil price, an SBI Research report said on Monday. The report said the rupee, which has weakened much in the recent period "through clouds on external macros, as also unabated speculative forces" needs structural changes on BoP front, stream lining the guard rails of import substitution, export competitiveness, integration in global value chain. The rupee has breached the 95-mark against the US dollar that has strengthened due to rising global uncertainties, triggered by the West Asia conflict. "There is now a felt need to put in place a comprehensive package to address Balance of Payments (BoP)," SBI Research said and made a strong case for diaspora bonds. With the country's macro fundamental getting distorted as Brent crude prices hover above USD 100, and transport and insurance costs spiking, the

India to grow 6.6% in FY27; needs package on BoP front: SBI report
Updated On : 11 May 2026 | 3:54 PM IST

Moody's cuts India FY27 growth forecast to 6% amid West Asia crisis

Weaker consumption, rising energy prices and supply disruptions linked to Middle East conflict prompt Moody's to trim India's FY27 growth outlook to 6 per cent

Moody's cuts India FY27 growth forecast to 6% amid West Asia crisis
Updated On : 21 Apr 2026 | 9:11 PM IST

India's economy projected to grow at 6.4% in 2026, 6.6% in 2027: UN report

India's economy is projected to grow at 6.4 per cent this year and 6.6 per cent in 2027, according to a report by the United Nations. The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) said in the report released Monday that economies in South and South-West Asia grew by 5.4% in 2025, compared to 5.2% in 2024, driven largely by strong growth in India. India's growth edged up to 7.4% in 2025, "supported by robust consumption, especially from the rural economy along with goods and services tax rate cuts, and export frontloading ahead of the United States' tariffs," the report, titled Economic and Social Survey of Asia and the Pacific 2026, said. It said in India, economic activities moderated in the second half of 2025 as exports to the United States declined by 25 per cent following the introduction of 50 per cent tariffs in August 2025. The services sector remained a key growth driver. The report projected India to register a 6.4 per cent growth rate

India's economy projected to grow at 6.4% in 2026, 6.6% in 2027: UN report
Updated On : 21 Apr 2026 | 9:40 AM IST

IMF urges targeted buffers, reforms for India amid West Asia shock

IMF advises India to deploy fiscal buffers through targeted support as prolonged West Asia crisis could intensify energy shocks and disrupt growth across Asia

IMF urges targeted buffers, reforms for India amid West Asia shock
Updated On : 16 Apr 2026 | 11:51 PM IST

Why India slipped to 6th spot in IMF GDP rankings despite strong growth

India slipped to sixth in IMF GDP rankings due to rupee depreciation and base revision, even as the economy continued strong growth and is expected to regain position soon

Why India slipped to 6th spot in IMF GDP rankings despite strong growth
Updated On : 16 Apr 2026 | 4:49 PM IST

West Asia oil shock threatens India despite robust buffers: World Bank

High oil prices pose risks but India's strong buffers, resilient exports and policy space can help navigate global uncertainty, says the World Bank

West Asia oil shock threatens India despite robust buffers: World Bank
Updated On : 09 Apr 2026 | 11:26 PM IST

US Q4 GDP growth revised down to 0.5% as economy slows more than expected

Last year's shutdown of the government was the key driver of the slowdown from the third quarter's 4.4 per cent growth pace

US Q4 GDP growth revised down to 0.5% as economy slows more than expected
Updated On : 09 Apr 2026 | 11:10 PM IST

World Bank raises India FY27 growth forecast to 6.6% amid headwinds

World Bank upgrades India's FY27 growth outlook to 6.6% on strong domestic demand, but flags inflation risks and slowdown due to West Asia conflict

World Bank raises India FY27 growth forecast to 6.6% amid headwinds
Updated On : 09 Apr 2026 | 12:05 AM IST