Leading Global Financial Firm Goldman Sachs Raises India’s GDP Growth Forecast To 6.7 Percent For Calendar Year 2024

Global investment bank Goldman Sachs has raised India’s GDP growth forecast to 6.7 percent for calendar year 2024. The latest data released by the bank said, they expect a sustained growth momentum with additional fiscal space on account of a bumper dividend transfer from the RBI. The financial company said that in India, growth momentum remains strong and



core inflation is expected to bottom out in April-June. 

The report also came on a day when the IMD confirmed its forecast of above-average monsoon rains this year which are expected to spur production in the agricultural sector that was hit by erratic weather last year.