India Can Manage Oil at $90, Economy More Resilient Than Expected

India Can Manage Oil at $90, Economy More Resilient Than Expected

India's economy has held up better than expected against higher oil prices, and the country can manage oil at $90, according to Goldman Sachs. The bank has raised its Q2 growth outlook to 6.9%. The bank's chief India economist, Santanu Sengupta, said that India's economy has been more resilient than expected against higher oil prices. The bank has raised its growth outlook for the second quarter, citing the country's ability to manage oil prices. The bank's decision to raise its growth outlook is a positive development for the Indian economy, which has been affected by higher oil prices. The bank's decision to raise its growth outlook is a positive development for the Indian economy, which has been affected by higher oil prices.