scorecardresearch
Thursday, March 28, 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

Social media has made news more graphic. Torture by Russian military is latest example

Before social media, depiction of violence on news was the exception—graphic visuals were either not shown on TV or in newspapers or the images were blurred. This is no longer the case.

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

BRO connects new axis to Ladakh, to be shortest route

The all-weather Nimmu-Padam-Darcha Road will connect Manali to Leh through Darcha and Nimmu on Kargil-Leh Highway.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.