Goldman Sachs: India Resilient Amid $90 Oil Prices
Goldman Sachs: India Resilient Amid $90 Oil Prices
IN · Published Jul 27, 2026
Santanu Sengupta, chief India economist at Goldman Sachs, stated that India's economy has shown resilience against higher oil prices, with $100 per barrel being the threshold for concern.
The bank has revised its Q2 2026 growth outlook upward to 6.9%, citing better-than-expected economic performance.

Impact & Risks

India's ability to manage oil prices at $90 per barrel is a positive indicator for economic stability. However, a rise to $100 per barrel could strain fiscal resources and impact inflation. Key sectors such as transportation and manufacturing may face cost pressures, potentially affecting consumer spending and corporate profitability.

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