Cheaper crude, AI boom to drive growth: Goldman Sachs sees global GDP at 2.8%, India at 7.2%
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According to Jan Hatzius, chief economist and head of Goldman Sachs Research, Indian economy is expected to grow at 7.2 per cent for FY2027, compared to a consensus of 6.8 per cent.
Directly affected
- GS Goldman Sachs Group+1.3% 30d
Named in this report.
Indirectly affected
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “crude” (oil) in this story.
- XLE Energy Select Sector SPDR+7.4% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “crude” (oil) in this story.
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “crude” (tanker shipping) in this story.
- INDA iShares MSCI India ETF-2.2% 10d
iShares MSCI India ETF holds stocks listed in India, which this story is about (“india”).
- MSFT Microsoft+1.1% 30d
Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) in this story.
- GOOGL Alphabet-15.7% 30d
Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| GS | -1.06% | +1.14% | base | after close | after close | after close | after close |
| USO | -2.03% | -2.82% | base | after close | after close | after close | after close |
| XLE | -4.57% | -2.42% | base | after close | after close | after close | after close |
| QQQ | -0.18% | +1.53% | base | after close | after close | after close | after close |
| BWET | -5.09% | -10.82% | base | after close | after close | after close | after close |
| INDA | -0.06% | +0.23% | base | after close | after close | after close | after close |
| MSFT | +4.01% | -0.68% | base | after close | after close | after close | after close |
| XOM | -3.42% | -2.31% | base | after close | after close | after close | after close |
| GOOGL | -2.59% | -0.76% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Cheaper crude, AI boom to drive growth: Goldman Sachs sees global GDP at 2.8%, India at 7.2% Zee Business
Source: Zee Business
Energy
| Company | When | Move | Status |
|---|---|---|---|
| BWET | three days earlier | -10.82% | final price |
| BWET | five days earlier | -5.09% | final price |
| GOOGL | three days earlier | -0.76% | final price |
| GOOGL | five days earlier | -2.59% | final price |
| GS | three days earlier | +1.14% | final price |
| GS | five days earlier | -1.06% | final price |
| INDA | three days earlier | +0.23% | final price |
| INDA | five days earlier | -0.06% | final price |
| MSFT | three days earlier | -0.68% | final price |
| MSFT | five days earlier | +4.01% | final price |
| QQQ | three days earlier | +1.53% | final price |
| QQQ | five days earlier | -0.18% | final price |
| USO | three days earlier | -2.82% | final price |
| USO | five days earlier | -2.03% | final price |
| XLE | three days earlier | -2.42% | final price |
| XLE | five days earlier | -4.57% | final price |
| XOM | three days earlier | -2.31% | final price |
| XOM | five days earlier | -3.42% | final price |
Congressional trades in the stocks in this story
- Rep. Maria Elvira Salazar sold Goldman Sachs Group (GS), worth $1,001 - $15,000 on 24 Sep 2026. That is 52 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael Rulli bought Goldman Sachs Group (GS), worth $1,001 - $15,000 on 3 Sep 2026. That is 73 days before publication. Filed 2 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Goldman Sachs Group (GS), worth $1,001 - $15,000 on 26 Aug 2026. That is 81 days before publication. Filed 10 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Microsoft (MSFT) (held by a dependent child), worth $1,001 - $15,000 on 28 Oct 2026. That is 18 days before publication. Filed 5 Nov 2026. View the filing.
- Sen. Shelley M Capito sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 21 Oct 2026. That is 25 days before publication. Filed 4 Nov 2026. View the filing.
- Sen. Sheldon Whitehouse sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 15 Oct 2026. That is 31 days before publication. Filed 2 Nov 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 32 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 76 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Rohit Khanna bought Alphabet (GOOGL) (held by a dependent child), worth $1,001 - $15,000 on 28 Oct 2026. That is 18 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Pete Sessions sold Alphabet (GOOGL), worth $15,001 - $50,000 on 14 Sep 2026. That is 62 days before publication. Filed 18 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Alphabet (GOOGL) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 72 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid the energy case looks
12 out of 100
“Cheaper crude, AI boom to drive growth: Goldman Sachs sees global GDP at 2.8%, India at 7.2%” scores 12 out of 100. The score uses 1 sources.