Goldman Sachs Raises India's FY27 Growth Forecast to 7% Amid Easing Policy Uncertainty

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CNBC TV18•11-02-2026, 15:31
Goldman Sachs Raises India's FY27 Growth Forecast to 7% Amid Easing Policy Uncertainty
- •Goldman Sachs increased India's GDP growth forecast for FY27 to 7% from 6.8%.
- •The revision is attributed to improving trade arithmetic and an expected revival in private investment.
- •Chief India Economist Santanu Sengupta highlighted the removal of policy uncertainty as a key driver for investment.
- •Investor sentiment and capital flows are improving, with February showing positive inflows after a negative January.
- •HDFC Bank's Arup Rakshit expects the rupee to trade in a 90-92 range, with further appreciation dependent on global dollar moves.
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