New Delhi, Feb. 10 -- Global brokerage firm Goldman Sachs has upgraded its growth outlook for India and lowered its estimate of the country's current account deficit (CAD) following the announcement of the India-US trade deal, citing the positive impact of lower US tariffs on Indian exports.

Reacting positively to the development, Goldman Sachs said it has upgraded its forecast for India's real GDP growth in calendar year 2026 (CY26) by 20 basis points to 6.9 per cent year-on-year, reflecting the benefit of reduced tariffs imposed by the United States.

"We upgraded our forecast for India's real GDP growth in CY26 by 20bp to 6.9 per cent yoy reflecting the lower US tariffs," the brokerage said in its assessment.

On the external front, G...