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Jobs, rural India likely to be focus of new Modi government's first budget, says Goldman Sachs

July 08, 2024 1:05 pm

Goldman Sachs expects the budget to push labour intensive manufacturing through fiscal incentives across sectors like toys, textiles and apparel manufacturing, along with commercial aircraft manufacturing.

The media is gushing over the claims that AI is growing at a mind-boggling CAGR, AI is driving consumption, and AI will make India a USD 5 trillion economy by the year (Representational Image)

P Chidambaram writes: The dazzle of affluent India

January 21, 2024 6:49 pm

The Opposition parties and the media may not be vigilant but the poor and middle classes — the 93 per cent — are watching and waiting.

Apple to end credit card partnership with Goldman Sachs

November 29, 2023 9:26 am

Apple in April introduced a high-yield deposit account, which offers an annual percentage yield higher than what Goldman offers for an online savings account at its digital consumer bank, Marcus.

GDP growth may decline marginally to 6.3% in 2024: Goldman Sachs

November 21, 2023 12:51 am

However, it is likely to be a tale of two halves, the report said. “Subsidies and transfer payments as we head into the general elections in Q2 2024 will likely be the growth driver in the first half. Post-elections, we expect investment growth to re-accelerate, especially from the private side,” Goldman Sachs said.

The order came after Goldman Sachs, a registered Foreign Portfolio Investor (FPI) which deals in off-shore derivative instruments, proposed to settle the alleged violations by "neither admitting nor denying" under the settlement rules.

Goldman Sachs pays Rs 26.44 lakh to settle FPI guidelines violation case with Sebi

September 20, 2023 4:54 pm

Goldman Sachs (Singapore) Pte has settled with Sebi a case pertaining to certain discrepancies in the monthly offshore derivative instruments reporting after paying Rs 26.44 lakh towards the settlement amount.

India likely to be world's second largest economy by 2075, ahead of US: Goldman Sachs

July 11, 2023 10:35 am

While China is forecasted to have the highest GDP of $57 trillion by 2075, the US is expected to be the third-largest economy with a GDP of $51.5 trillion.

Goldman Sachs cuts China growth forecast as property slowdown bites

June 19, 2023 12:20 pm

Goldman Sachs analysts have cut forecasts for China's economic growth, citing persistently weak confidence and the cloud over the property market as stronger-than-expected headwinds.

Goldman Sachs Group cutting more than 30 Asia investment banking jobs: report

June 15, 2023 12:05 pm

The reduction in regional jobs, most of which are in the global banking & markets division, started on Wednesday.

HSBC, Goldman gender pay gaps widen in UK as finance makes slow progress: Report

April 05, 2023 12:05 pm

HSBC, Goldman Sachs, Morgan Stanley and Standard Chartered reported a widening in the gap between what they paid women and men in 2022, according to data reviewed by Reuters.

RBI rate action, RBI, Reserve Bank of India, mpc com, Monetary Policy Committee, Goldman Sachs, Business news, Indian express, Current Affairs

Economists divided over RBI rate action in April policy

April 03, 2023 12:45 am

While many see 25 bps hike, some expect status quo

What driver who took finance ministry officer to hospital said about ‘madam driving BMW’

Cities3 hr ago

A BMW rammed into a motorcycle, killing Navjot Singh, a Finance Ministry official, and injuring his wife. Mohammad Gulfam, a passerby, rushed them to a private hospital after the car driver asked him to. The driver, Gaganpreet Makkar, and her family were also admitted to the same hospital. Police have booked Gaganpreet for culpable homicide and attempting to destroy evidence.

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