Goldman Sachs slashes India growth forecast for 2026 to 5.9%, warns currency strain will force rate hike

Goldman Sachs raises India 2026 CPI forecast to 4.6% from 4.2% earlier; Goldman Sachs expects 50 bps rate hike by RBI in 2026   Goldman Sachs has pared its growth estimate for India for 2026, while forecasting a 50 basis points hike in policy rates as the economy contends with sharp depreciation in its currency.…

‘Examining implications’: India on US move to revoke Chabahar port waiver

The revocation of the sanctions waiver comes as a challenge for India, as it is involved in the development of a terminal at Chabahar Port   India on Friday said it is currently examining the implications of the United States (US) revoking the sanctions waiver for Iran’s Chabahar port. In a press briefing, the Ministry…

Stock market: FII ownership in Indian shares drop to 16%; what’s on their sell radar?

For oil & gas sector, January’s $182 million outflows marked the fifth consecutive month of selling. For automobile sector, it was the sixth straight month of FII selloff at $672 million.   In its latest strategy note, JM Financial noted that foreign institutional investor (FII) ownership as a percentage of total Indian equities slipped further…