Tag: goldman sachs

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Posted in Economy

Israel, Iran War: Goldman Sachs slashes India growth forecast, warns currency strain will force rate hike

Mumbai: Goldman Sachs has pared its growth estimate for India for 2026, while forecasting a 50 basis points hike in policy rates as the South…

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Posted in Economy

As Iran war disrupts the Gulf, India’s growth story faces new risks

Only a few weeks ago, the stars seemed to be aligning for India‘s economy. India was one of the fastest-growing major economies, consistently outpacing its…

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Zetwerk plans to confidentially file for Indian IPO, targets $4 billion valuation
Posted in Startups

Zetwerk plans to confidentially file for Indian IPO, targets $4 billion valuation

India’s Zetwerk is preparing to confidentially file draft papers for an initial public offering within the next one to two weeks, aiming to raise up…

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The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest annual decline since 2022. (Reuters)
Posted in Business

Rupee slumps to record low even as Goldman Sachs warns of 95/dollar levels| Business News

Goldman Sachs Group Inc. has warned that the Indian Rupee (INR) could tumble to 95 against the US Dollar (USD), even as the local currency…

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David Solomon, chief executive officer of Goldman Sachs Group Inc., speaks during the Australian Financial Review Business Summit in Sydney, Australia, on Wednesday, 4 March 2026. (Bloomberg)
Posted in Business

Goldman Sachs CEO David Solomon surprised by Iran war impact on stock market| Business News

Goldman Sachs Group Inc. CEO David Solomon said he’s been surprised by the “benign” reaction in financial markets to the Iran war, adding that it…

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Posted in Economy

60-70% of India’s US farm imports may face low or no tariffs: Goldman Sachs

New Delhi: Goldman Sachs on Monday said that around 60-70% of India’s US farm imports may face lower or zero tariffs under the trade deal…

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Representational illustration.
Posted in Business

Behind the Unraveling of Apple’s Credit-Card Partnership With Goldman Sachs| Business News

In early December, a long-delayed deal hung over a call between JPMorgan Chase Chief Executive Jamie Dimon and Goldman Sachs CEO David Solomon. Representational illustration….

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Government dividend collection
Posted in Economy

Union Budget 2026: Centre’s dividend kitty may beat budget estimates in FY26

New Delhi: The government’s dividend collections from non-financial central public sector enterprises (CPSEs) and entities where it holds minority stakes may exceed the budgeted target…

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The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint)
Posted in Business

Goldman Sachs turns ‘overweight’ on Indian stocks as growth outlook improves| Business News

Goldman Sachs Group Inc. has turned overweight on Indian stocks, expecting government policies and improving corporate earnings to help the nation’s $5.4 trillion market catch…

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Posted in Economy

Rate cut likely by year-end; GST reforms to boost credit demand: Goldman Sachs

An additional policy rate cut is expected before the end of the year, alongside recent GST simplifications, indicating that peak fiscal consolidation is behind us….

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