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Tuesday, November 5, 2024
TopicGoldman Sachs

Topic: Goldman Sachs

Jobs, rural India likely to be focus of new Modi government’s first budget, says Goldman Sachs

The budget proposal for the financial year ending March 2025 will be presented on 23 July, the government said over the weekend.

India’s affluent likely to number 100 mn in next 3 yrs, says Goldman Sachs, cites increase in assets

The Rise of Affluent India report noted that the affluent segment — roughly 4% of India’s working-age population — has expanded 12 times faster than overall population in past 4 years.

BRICS caught up with Goldman Sachs growth forecast a decade early, driven by India-China’s 25-yr streak

In his closing column, T.N. Ninan looks back at the forecast that the BRICS economies would overtake the US, Japan, Germany, UK, France, and Italy, and how far that prophecy has been fulfilled.

Goldman Sachs upgrades Indian shares to ‘overweight’ on economic growth, earnings momentum

Indian markets will continue to gain in 2024, supported by steady earnings growth and macroeconomic stability, Goldman Sachs analysts led by Timothy Moe said.

Uniform ‘Construction’ Code & Maharashtra’s musical chairs

The best cartoons of the day, chosen by the editors at ThePrint.

Goldman CEO David Solomon says India has high growth trajectory, says ET report

Global CEOs are thinking about India as a big growth opportunity while recognising some of the challenges with investing in the country, Solomon told the newspaper in an interview.

Ex-Goldman Sachs banker Brijesh Goel indicted for ‘insider trading’, released on $500,000 bail

He allegedly passed on information to longtime friend Akshay Niranjan, who used it to execute securities transactions. Illegal profits of $280,000 resulted from this arrangement.

Goldman joins calls to unleash more rate hikes in Asia

Hawkish expectations in Asia’s emerging markets are piling up as traders become convinced that central banks in the region can’t ignore the threat of domestic inflation any longer.

RBI could hike rates from next fiscal on inflation, Goldman Sachs predicts

Goldman expects the RBI to continue with the ongoing liquidity tightening, then hike reverse repo by 40 basis points.

India’s fintech gold rush a windfall for foreign investors, Paytm IPO to spell payoffs

As online payments, digital loans in second-most populous country soar at fastest rates worldwide, money is pouring into India’s financial technology sector at an unprecedented pace.

On Camera

A Donald Trump presidency threatens Indian economy. Just see his record

The chances of a trade war that raise inflation and reduce India’s economic growth are much higher under a Trump presidency.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Rifles slung upside down, on ponies. Indian troops go on their 1st patrol in Depsang since 2020

Troops patrolled up to Patrolling Point (PP) 10 on Monday. Though there are PP 10, 11, 12, 12A & 13 in Depsang Plains, it was decided that only one or two PPs would be patrolled.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.