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

India’s GDP growth is projected to slow down in the coming years. Foreign brokerage Goldman Sachs anticipates a moderation in growth. Inflation is expected to rise, potentially limiting the Reserve Bank of India’s ability to cut interest rates. The rupee’s depreciation is seen as nearing its end. The current account deficit is also forecast to remain manageable.

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