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Friday, December 12, 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

IndiGo cancellations made TV news do the unexpected — question the Modi government

Republic TV was the harshest of them all: “The (civil aviation) minister has done a bad job,” said prime time anchor Arnab Goswami.

IndiGo’s profits dipped, most airlines sunk into losses last fiscal even as flier numbers soared

Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.

US clears $686-mn package to breathe fresh life into Pakistani F-16s

Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).

Asim Munir & Pakistan’s Failed Marshal Doctrine

None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.