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Tuesday, October 28, 2025
TopicGoldman Sachs

Topic: Goldman Sachs

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.

Goldman Sachs, Kotak, ICICI among 10 banks shortlisted to manage LIC’s IPO

India may also allow foreign direct investment in LIC to ensure a diversified and strong demand across various segments of investors.

Omer Ismail, the banker from Karachi chosen to transform consumer banking at Goldman Sachs

Omer Ismail, 41, who came to the US from Pakistan after 9/11, has to transform the famously fierce Wall Street bank into a friendly face for Main Street.

India will see its worst recession ever with 45% GDP fall in Q2 this year, Goldman says

The estimates imply real GDP will fall by 5% in fiscal 2021, which would be deeper than any other recession India has ever experienced, Goldman says.

Goldman Sachs consumer banking chief in running for HDFC’s CEO position

HDFC Bank has a market capitalisation of about $86 billion, giving it a bigger standing than major US banks like Goldman and Morgan Stanley.

RBI doesn’t have much room to cut interest rates anymore, Goldman Sachs says

Goldman analysts say there may not be a need for any ‘further significant loosening of monetary policy stance’ unless economic conditions warrant so.

Goldman Sachs V-P arrested for Rs 38 crore fraud, ‘wanted to pay off online poker debts’

Ashwani Jhunjhunwala was caught after making a suspicious transaction to divert money to the Hong Kong account of a company called Synergy Wisdom Ltd.

Two gods of central banking will bequeath future to mere mortals

Mario Draghi and Mark Carney know how to make an entrance, and leave pretty big shoes to fill in when they exit their European banking offices.

Europe’s biggest fund manager favours India

Emerging markets like India and Chile fare better than Turkey. 

Goldman Sachs sees India rate cut next month as inflation slows

The bank is the latest to add its voice to a chorus of calls for monetary policy easing.

On Camera

Bihar beyond Buddha and Mandal—why the 2025 polls are critical for Indian democracy

It is not often noted, but in the North, Bihar is the only state where the BJP has not come to power on its own. The party's desire to turn Bihar into UP should not be ignored.

Paper in MoSPI journal flags financial inclusion gap—highest among Hindus, lowest for Muslims

Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.

From battle of wits and daring air strikes to artillery fury, new details emerge of Operation Sindoor

Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.