Goldman Sachs raises India’s GDP growth forecast to 6.7% for 2024

Goldman Sachs raises India’s GDP growth forecast to 6.7% for 2024

Daily Current Affairs   /   Goldman Sachs raises India’s GDP growth forecast to 6.7% for 2024

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Category : Business and economics Published on: June 05 2024

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  • Goldman Sachs has revised India's GDP forecast for 2024 by 10 basis points (bps) to 6.7%.
  • Goldman Sachs has raised its gross domestic product (GDP) growth forecast due to a bumper dividend by the Reserve Bank of India (RBI) and also pushed back its expectations of an interest rate cut by the central bank.
  • Analysts at Goldman Sachs have revised India's GDP forecast for 2024 by 10 basis points (bps) to 6.7%.
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