In its revised outlook, Goldman Sachs lowered India's real GDP growth projection marginally by 0.1 percentage point for calendar year 2025 to 6.5% and by 0.2 percentage point for 2026 to 6.4% year-on-year.
Currently, Rupee is trading around 82.0 against the US Dollar as against a record low of 83 it breached in mid-October.
Kumar attributed the expectation in growth to the structural reforms undertaken by the government of India like the Goods and Services Tax, Insolvency and Bankruptcy Code.
