Goldman Sachs raises India's FY27 growth forecast to 6.5%

Goldman Sachs has raised India's FY27 economic growth forecast to 6.5% from 6.1%, citing easing geopolitical tensions after the US-Iran peace deal. The earlier estimate reflected concerns over disruptions from the Israel-Iran conflict. The Strait of Hormuz is vital to India, handling nearly one-fifth of its trade and over 60% of its energy imports.