New Delhi, June 26 -- Following the recent US-Iran peace deal, India's growth outlook for the calendar year 2026 has been revised by Goldman Sachs to 6.8 per cent.
In a report titled India: Improved macro outlook after the US-Iran deal, Goldman Sachs raised its CY26 gross domestic product (GDP) growth forecast to 6.8 per cent and lowered its projections for inflation and the current account deficit. It had earlier projected the economy to grow 6.1 per cent in the current fiscal year.
In its report, Goldman Sachs said the sharp decline in oil prices has reduced macroeconomic risks for India.
"On balance, with the recent downward revision in the oil price forecast by our commodities team (USD $82/bbl average in Q3-Q4 CY26 versus US $92/bbl...