Goldman Sachs cut India's GDP forecast from 7% to 5.9% because of the oil shock and weak rupee. But now oil is crashing and trade deals are lining up. Do you think they'll revise it back up if crude stays below $100? Or is the damage already done for FY26

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Goldman Sachs cut India’s GDP forecast from 7% to 5.9% because of the oil shock and weak rupee. But now oil is crashing and trade deals are lining up. Do you think they’ll revise it back up if crude stays below $100? Or is the damage already done for FY26?

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Possible da if crude cools down and stays there, one of the biggest concerns behind that GDP cut starts reducing. Lower oil means better inflation outlook, lower import bill and less pressure on the rupee. but I don’t think they’ll rush to revise forecasts immediately pa These institutions usually wait for a few months of data before changing numbers again.

For now, I would say the damage is not permanent, but the market will want proof that crude stays under control and growth remains strong

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