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Union Budget May See Fiscal Consolidation But Rural, Welfare, Subsidies May Go Up: Report
With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman Sachs underlined two key concerns for policymakers, the pace of fiscal consolidation and the government's spending priorities.
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Goldman Sachs Sees India Among Best-Performing Emerging Markets In 2025
Goldman Sachs has projected India to be among the best-performing emerging markets in 2025, given the country's robust macroeconomic stability backed by improving terms of trade, effective inflation targeting, and reliable domestic risk capital.
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"BRICS Is For The Fairies Until China, India Get Serious," Says Mr 'BRICS'
The idea of the BRICS group ever challenging the US dollar is for the fairies as long as China and India remain so divided and refuse to cooperate on trade, the former Goldman Sachs economist who came up with the BRIC acronym told Reuters.
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In 2024 Union Budget, Focus Likely On Jobs, Rural India: Goldman Sachs
The 2024 Union Budget may tilt towards, but not pivot to welfare spending, with a focus on rural economy and job creation, economists at Goldman Sachs said in a note on Monday.
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Whirlpool Sells 24% Stake In India Unit For $468 Million
Whirlpool said on Tuesday it has executed a sale of 24% of its stake in its India unit for about $468 million.
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World Fintech Day: Blockchain Is Here to Stay, Existing Fintech Players Must Welcome Web3, Say Experts
On the World Fintech Day, Web3 insiders from India have highlighted that blockchain is the next big refreshment to global financial systems. Meanwhile, the speed at which countries adopt blockchain and integrate it with their financial systems, has been called the metric that would change the game for nations looking to lead the Web3 revolution set...
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India Could Be World's No.2 Economy By 2075, Overtake US: Goldman Sachs
The GDP of India, powered by its 1.4 billion population, is expected to expand dramatically and the country will become the world's second-largest economy by 2075, a research by Goldman Sachs has found.
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"India Now Has Very High Growth Trajectory": Goldman Sachs CEO
Global CEOs are thinking about India as a big growth opportunity while recognising some of the challenges with investing in the country, Goldman Sachs Chief Executive Officer David Solomon said.
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Goldman's Biggest Office Beyond New York Attests To India's Rise
On the eastern side of Bengaluru, the city sometimes called the Silicon Valley of India, sits a campus housing three cube-like glass buildings. Each is 10 stories high, with facades glistening in the strong South Asian sun.
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Ola Electric Aims for IPO by End of 2023, Hires Goldman Sachs, Kotak to Manage Share Sale
Ola Electric is planning a stock market listing by the end of 2023, and has appointed investment bank Goldman Sachs and domestic bank Kotak to manage the share sale, a source with direct knowledge of the matter told Reuters.
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TVS in Talks With ADIA, Goldman Sachs, Carlyle for Up to $350 Million Investment in Its EV Arm: Report
TVS is in talks with Abu Dhabi Investment Authority (ADIA), Goldman Sachs Group Inc and Carlyle Group Inc for an investment in its electric vehicle (EV) arm, the Economic Times reported on Wednesday. TVS Motors, which makes the iQube e-scooter, had reported its EV sales had nearly doubled in the October-December quarter.
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5 Major Announcements Expected From Union Budget 2023
Budget 2023: The Goldman Sachs Group has said that India might cut down its fiscal deficit target by 50 basis points for the next financial year starting 1 April 2023. Goldman economists wrote in a report that India will keep its deficit to 5.9 per cent of the gross domestic product.
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Budget To Cap India's Fiscal Deficit Below 6% In FY24 : Goldman Sachs
Goldman Sachs Group Inc. expects India to trim its fiscal deficit aim by 50 basis points for the financial year starting April, as it balances spending priorities and fiscal prudence in the upcoming budget.
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India's Growth Projected To Decline To 5.9% In 2023: Report
Wall Street brokerage Goldman Sachs today said the Indian economy is projected to grow 5.9 per cent in 2023, lower than 6.9 per cent growth estimated this year.
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India's Growth To Slow To 5.9% In 2023 As Reopening Boost Fades: Report
Goldman Sachs expects India's economic growth to slow to 5.9% next year, from an estimated 6.9% growth in 2022, as the boost from the post-Covid reopening fades.
-
Union Budget May See Fiscal Consolidation But Rural, Welfare, Subsidies May Go Up: Report
With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman Sachs underlined two key concerns for policymakers, the pace of fiscal consolidation and the government's spending priorities.
-
Goldman Sachs Sees India Among Best-Performing Emerging Markets In 2025
Goldman Sachs has projected India to be among the best-performing emerging markets in 2025, given the country's robust macroeconomic stability backed by improving terms of trade, effective inflation targeting, and reliable domestic risk capital.
-
"BRICS Is For The Fairies Until China, India Get Serious," Says Mr 'BRICS'
The idea of the BRICS group ever challenging the US dollar is for the fairies as long as China and India remain so divided and refuse to cooperate on trade, the former Goldman Sachs economist who came up with the BRIC acronym told Reuters.
-
In 2024 Union Budget, Focus Likely On Jobs, Rural India: Goldman Sachs
The 2024 Union Budget may tilt towards, but not pivot to welfare spending, with a focus on rural economy and job creation, economists at Goldman Sachs said in a note on Monday.
-
Whirlpool Sells 24% Stake In India Unit For $468 Million
Whirlpool said on Tuesday it has executed a sale of 24% of its stake in its India unit for about $468 million.
-
World Fintech Day: Blockchain Is Here to Stay, Existing Fintech Players Must Welcome Web3, Say Experts
On the World Fintech Day, Web3 insiders from India have highlighted that blockchain is the next big refreshment to global financial systems. Meanwhile, the speed at which countries adopt blockchain and integrate it with their financial systems, has been called the metric that would change the game for nations looking to lead the Web3 revolution set...
-
India Could Be World's No.2 Economy By 2075, Overtake US: Goldman Sachs
The GDP of India, powered by its 1.4 billion population, is expected to expand dramatically and the country will become the world's second-largest economy by 2075, a research by Goldman Sachs has found.
-
"India Now Has Very High Growth Trajectory": Goldman Sachs CEO
Global CEOs are thinking about India as a big growth opportunity while recognising some of the challenges with investing in the country, Goldman Sachs Chief Executive Officer David Solomon said.
-
Goldman's Biggest Office Beyond New York Attests To India's Rise
On the eastern side of Bengaluru, the city sometimes called the Silicon Valley of India, sits a campus housing three cube-like glass buildings. Each is 10 stories high, with facades glistening in the strong South Asian sun.
-
Ola Electric Aims for IPO by End of 2023, Hires Goldman Sachs, Kotak to Manage Share Sale
Ola Electric is planning a stock market listing by the end of 2023, and has appointed investment bank Goldman Sachs and domestic bank Kotak to manage the share sale, a source with direct knowledge of the matter told Reuters.
-
TVS in Talks With ADIA, Goldman Sachs, Carlyle for Up to $350 Million Investment in Its EV Arm: Report
TVS is in talks with Abu Dhabi Investment Authority (ADIA), Goldman Sachs Group Inc and Carlyle Group Inc for an investment in its electric vehicle (EV) arm, the Economic Times reported on Wednesday. TVS Motors, which makes the iQube e-scooter, had reported its EV sales had nearly doubled in the October-December quarter.
-
5 Major Announcements Expected From Union Budget 2023
Budget 2023: The Goldman Sachs Group has said that India might cut down its fiscal deficit target by 50 basis points for the next financial year starting 1 April 2023. Goldman economists wrote in a report that India will keep its deficit to 5.9 per cent of the gross domestic product.
-
Budget To Cap India's Fiscal Deficit Below 6% In FY24 : Goldman Sachs
Goldman Sachs Group Inc. expects India to trim its fiscal deficit aim by 50 basis points for the financial year starting April, as it balances spending priorities and fiscal prudence in the upcoming budget.
-
India's Growth Projected To Decline To 5.9% In 2023: Report
Wall Street brokerage Goldman Sachs today said the Indian economy is projected to grow 5.9 per cent in 2023, lower than 6.9 per cent growth estimated this year.
-
India's Growth To Slow To 5.9% In 2023 As Reopening Boost Fades: Report
Goldman Sachs expects India's economic growth to slow to 5.9% next year, from an estimated 6.9% growth in 2022, as the boost from the post-Covid reopening fades.
