March 30, 2026

CAD

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Goldman Sachs lifts India growth forecast, cuts CAD estimate after India-US trade deal

contact@dailyupdatesindia.com03 mins

Global brokerage firm Goldman Sachs has upgraded its outlook for India’s economic growth and lowered its estimate of the country’s current account deficit (CAD) after the announcement of the India-US trade deal. The firm cited the positive impact of lower US tariffs on Indian exports as a key reason for the improved assessment.Reacting to the…

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‘Manageable’: India’s CAD seen at 1% of GDP in FY25 despite US tariffs; Crisil flags sharp fall in August imports

contact@dailyupdatesindia.com02 mins

India’s current account deficit (CAD) is expected to remain under control at around 1% of gross domestic product (GDP) in the current financial year, even as the economy faces pressure from steep US tariffs and global geopolitical uncertainties, according to a report by rating agency Crisil.Crisil said the deficit will stay “manageable” thanks to resilient…

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