Tag: goldman sachs

Goldman Sachs forecasts shallow RBI rate cut starting March 2025, lowers India's FY25 growth outlook to 6.4%
Posted in Economy

Goldman Sachs forecasts shallow RBI rate cut starting March 2025, lowers India’s FY25 growth outlook to 6.4%

US investment bank Goldman Sachs has forecast that the Reserve Bank may go for only a shallow rate cut starting the March 2025 quarter and…

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India has 20-year window to capitalise on demographic dividend: Goldman Sachs
Posted in Economy

India has 20-year window to capitalise on demographic dividend: Goldman Sachs

India needs to capitalise on a 20-year window of favourable demographics and increase per-capita income levels as in next two decades, the dependency ratio of…

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The agency ordered Goldman to pay at least $19.8 million in redress and a $45 million penalty while fining Apple $25 million(Reuters)
Posted in Business

Apple and Goldman Sachs to pay $89 million for misleading customers and mishandling disputes

Goldman Sachs Group Inc. and Apple Inc. will pay more than $89 million to resolve a long-running investigation into their credit-card joint venture after the…

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Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Posted in Business

Goldman Sachs cuts Indian stocks to neutral over slowing growth

Oct 23, 2024 08:58 AM IST Goldman Sachs downgraded Indian equities to neutral, citing slowing economic growth and weakening corporate earnings. Goldman Sachs Group Inc….

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The head offices of Goldman Sachs in London, UK(Jason Alden/Bloomberg)
Posted in Business

Goldman Sachs executive takes 6 month paternity leave, gets fired, sues for £3.8 million alleging sex-discrimination

A former Goldman Sachs Group Inc. manager has filed a £3.8 million ($5 million) sex-discrimination claim against the investment bank, alleging he was unfairly fired…

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Satya Nadella highlighted AI's potential to improve productivity across sectors like healthcare and finance. While acknowledging current challenges in AI's profitability, he encouraged professionals to adapt and embrace technology for long-term benefits.(AFP)
Posted in Business

Microsoft’s Satya Nadella gushes about AI: ‘Working, will make real difference’

Sep 30, 2024 08:48 PM IST Microsoft CEO Satya Nadella believes AI can enhance productivity by taking on decision-making roles in various sectors. Satya Nadella,…

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A JPMorgan Chase bank branch in New York, US.(Bloomberg)
Posted in Business

JPMorgan in talks with Apple over Goldman credit card partnership: Report

JPMorgan Chase is in talks with Apple about replacing Goldman Sachs as the tech giant’s credit-card partner, a source familiar with the matter said on…

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The logo for Goldman Sachs is seen.(Reuters)
Posted in Business

Should you invest in gold? Goldman Sachs says ‘go for it ‘ because of China

Goldman Sachs believes gold has the highest potential for a near-term price hike due to its status as a preferred hedge against risk, while weak…

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A view of the Goldman Sachs stall on the floor of the New York Stock Exchange. (Reuters)
Posted in Business

Goldman Sachs cuts India’s 2024 and 2025 GDP growth forecasts

Aug 24, 2024 11:18 AM IST Goldman Sachs said India’s growth next year will be hampered by slower real consumption growth and the government’s commitment…

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economic forecast: Goldman Sachs cuts India’s 2024 and 2025 GDP growth forecasts
Posted in Economy

economic forecast: Goldman Sachs cuts India’s 2024 and 2025 GDP growth forecasts

Goldman Sachs Group Inc. has lowered India’s growth forecast by 20 basis points each for this year and the next, citing a contraction in central…

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