India’s GDP growth seen at 6.8% in FY27, says Goldman Sachs
The global investment bank expects private consumption to strengthen further in FY27.
The global investment bank expects private consumption to strengthen further in FY27.
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.
Goldman Sachs highlighted two critical challenges ahead of the Union Budget for the financial year 2025-2026 (FY26) namely managing fiscal consolidation and prioritizing government spending.
Global brokerage Goldman Sachs on Thursday lowered its target price for Reliance Industries Ltd (RIL), while maintaining 'buy' rating for the diversified group.
It forecast India's headline inflation at 4.2 per cent (average) in 2025 with food inflation at 4.6 per cent.
The new facility was inaugurated by Telangana IT and Industries Minister KT Rama Rao.
Residents pay $300 monthly for electricity and water in a small apartment, taxi fares average $60 (Rs 4,450) per hour, a bread loaf $6 (Rs 445).
Aragen is well positioned to benefit from the secular trend of increased outsourcing by the life sciences industry.
The company joins a slew of multinationals including Google, Apple, Microsoft and Blackstone, who have announced to render help to India, after the second wave of pandemic.
Goldman Sachs expects Nifty to reach 16,300 by December, down from the earlier forecast of 16,500, which implies only about 14 per cent upside in rupee terms.
