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.
Reserve Bank of India (RBI) Governor Sanjay Malhotra has said that the benchmark interest rate reduction will bolster private consumption and support a revival in private corporate investment.
Germany's economy is recovering faster than previously expected, with GDP set to grow by 0.3 per cent in 2023, according to a joint forecast published by the country's leading economic institutes.
According to the report, some additional fiscal support may be mobilised during the second half of the year, depending on the softness in domestic spending.