GDP growth to slip to 6.8% in FY27, limited scope for rate cuts: Report

Goldman Sachs forecasts India's GDP growth to slow to 6.8 percent in FY27. Inflation is expected to rise, restricting the Reserve Bank's ability to lower interest rates. Private investment remains subdued. The rupee's depreciation is likely nearing its end. The current account deficit is projected at 1 percent in 2026. A US-India trade deal delay could pressure the currency.