scorecardresearch
Tuesday, November 5, 2024
TopicGoldman Sachs Group Inc.

Topic: Goldman Sachs Group Inc.

Goldman sees recession in India as consumption takes severe hit

India’s GDP is forecast to shrink an annualized 1.4% in Q1 of FY21 and 3.8% in the second quarter, Goldman economists wrote in a report.

Apple Card’s algorithm is sexist, gives women much lesser credit limit than their spouses

Apple’s customer service representatives say the problem is with “the algorithm", and is a troubling example of the deficiencies of machine learning.

Back-to-back rate cut in store. What to watch out for in RBI policy statement today

With inflation below RBI’s 4% medium-term target, MPC expected to drop repurchase rate by 25 basis points to 6%.

Rupiah will beat rupee in battle of high-yielders, Goldman says

India faces a less predictable outcome at its general elections this year compared to Indonesia.

Fuel price cut can bring more pain for Indian oil refineries

Analysts say that retail prices of petrol and diesel in India are still Rs 3-4 rupees a litre lower than they should be given global spot prices.

India’s motorbike makers brace for tricky terrain ahead

India’s makers of motorbikes, mopeds and scooters face a fork in the road as volumes rise and margins shrink.

India’s world-beating stock market run may be coming to an end

Goldman Sachs says India’s equity market looks less favorable amid elevated valuations, a potential slowdown in economic growth and upcoming elections.

Does the government have a vested interest in charging you more for petrol?

India’s government and a clutch of state-owned companies already own 87 percent of ONGC. The only upside for ONGC investors is the price of crude. If that’s fixed, then there’s no reason to own its shares.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

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.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

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.