Goldman Sachs

Showing of 1 - 20 from 385 results
Goldman Sachs - Total results - 385
India reports 7,466 COVID-19 cases, 175 deaths in 24 hours; Jan-March GDP figures paint a gloomy picture ahead
India

India reports 7,466 COVID-19 cases, 175 deaths in 24 hours; Jan-March GDP figures paint a gloomy picture ahead

The number of COVID-19 cases in India climbed to 1,65,799 while toll reached 4,706 with the country registering over 7,000 new cases on Friday

COVID-19 Impact: GDP growth dips to 3.1% in Jan-Mar quarter, slowest growth in 8 years; economy grows at 4.2% in FY20
Business

COVID-19 Impact: GDP growth dips to 3.1% in Jan-Mar quarter, slowest growth in 8 years; economy grows at 4.2% in FY20

The gross domestic product (GDP) had expanded by 5.7 percent in the corresponding quarter of 2018-19, according to data released by the National Statistical Office (NSO) on Friday.

Coronavirus Lockdown: GDP data set to show economy grew at its slowest pace in 2 years in March quarter, says report
Business

Coronavirus Lockdown: GDP data set to show economy grew at its slowest pace in 2 years in March quarter, says report

Unlike some advanced economies, India’s stimulus package has largely focussed on subsidised credit to small businesses and farmers, while direct fiscal stimulus was limited to around 1 percent of the GDP, economists said.

Lift COVID-19 lockdown now to revive economic activity or risk revolt of the jobless and penniless
India

Lift COVID-19 lockdown now to revive economic activity or risk revolt of the jobless and penniless

India must cautiously but swiftly ease strictures as COVID-19 phobia threatens to kill more people than the virus has.

Coronavirus Lockdown: Indian economy to contract 5% in FY21, worst-ever performance by country, says Goldman Sachs
Business

Coronavirus Lockdown: Indian economy to contract 5% in FY21, worst-ever performance by country, says Goldman Sachs

American brokerage Goldman Sachs expects the Indian economy to contract by 5 percent in FY21, making it the worst performance by the country ever

Goldman pushes ahead with 1,460 India hires, internships; proceeds with expansion plan despite uncertainties
Business

Goldman pushes ahead with 1,460 India hires, internships; proceeds with expansion plan despite uncertainties

A spokesman for Goldman stressed that the Indian graduates were existing offers the bank was honoring and not new hires. He said the bank was still recruiting globally, but proceeding more cautiously in light of the crisis.

Indian economy may contract 0.4% in FY21 on coronavirus pandemic, says two foreign brokerages
Business

Indian economy may contract 0.4% in FY21 on coronavirus pandemic, says two foreign brokerages

Two foreign brokerages on Friday predicted a contraction of 0.4 percent of India's GDP in the current financial year due to the impact of the COVID-19 pandemic

Stock market gains alongside economic pain driven by massive boost from Fed; some worry about over-optimism
Business

Stock market gains alongside economic pain driven by massive boost from Fed; some worry about over-optimism

The US stock market has changed its mood swiftly since 23 March—when the S&P 500 dropped as much as 35 percent below its 19 February peak.

Stock Markets Latest Updates: Benchmark indices rebound from early losses as Sensex jumps over 200 points, Nifty close to 9,000-mark
Business

Stock Markets Latest Updates: Benchmark indices rebound from early losses as Sensex jumps over 200 points, Nifty close to 9,000-mark

Stock Markets LIVE Today Updates: Benchmark indices pare losses; Sensex 96 points down, Nifty above 8,900-level

IndusInd Bank shares rallies over 4% after Goldman Sachs buys equities worth over Rs 176 cr
Business

IndusInd Bank shares rallies over 4% after Goldman Sachs buys equities worth over Rs 176 cr

The scrip of IndusInd Bank on Thursday went rose over 4 percent after Goldman Sachs (Singapore) picked up shares worth over Rs 176 crore in the company through an open market transaction

OPEC, Russia approve biggest-ever oil cut to support prices amid coronavirus pandemic; cut unprecedented deal
Business

OPEC, Russia approve biggest-ever oil cut to support prices amid coronavirus pandemic; cut unprecedented deal

OPEC, Russia approve biggest-ever oil cut to support prices amid coronavirus pandemic; unprecedented deal made with oil producing nations

Coronavirus Outbreak: GDP to decline to 1.6% as key sectors to witness fall in business, says Goldman Sachs
Business

Coronavirus Outbreak: GDP to decline to 1.6% as key sectors to witness fall in business, says Goldman Sachs

On 20 March, Fitch had projected India''s GDP growth for 2020-21 at 5.1 percent, lower than 5.6 percent estimated in December 2019.

Wall Street pushes higher led by surging health care stocks; modest rise in European indices
Business

Wall Street pushes higher led by surging health care stocks; modest rise in European indices

Nascent optimism is budding on Wall Street that the worst of the selling may be over, but markets around the world remain tentative amid uncertainty about whether global authorities can nurse the economy through the pandemic.

Stock Markets LATEST Updates: Markets rebound, end in green; Infosys, Adani Ports, HUL among major gainers
Business

Stock Markets LATEST Updates: Markets rebound, end in green; Infosys, Adani Ports, HUL among major gainers

Stock Markets LATEST Updates: Markets rebound, end in green; Infosys, Adani Ports, HUL among major gainers

Historic Fed boost fails to stop Wall Street's virus-driven sell-off; S&P 500 on pace for worst month since World War 2
Business

Historic Fed boost fails to stop Wall Street's virus-driven sell-off; S&P 500 on pace for worst month since World War 2

Wall Street’s slide deepened on Monday as the rapidly spreading coronavirus forced more US states into lockdown, overshadowing unprecedented moves by the US Federal Reserve to shore up credit across the economy.

Home rental startup Nestaway Technologies buys apartment management solution ApnaComplex
Business

Home rental startup Nestaway Technologies buys apartment management solution ApnaComplex

Nestaway has been backed by some of the marquee investors such as Tiger Global, Chiratae, Goldman Sachs, Ratan Tata and Yuri Milner.

Analysts expect RBI to hike rates in 2020, see FY21 fiscal deficit target of 3.5% challenging
Business

Analysts expect RBI to hike rates in 2020, see FY21 fiscal deficit target of 3.5% challenging

Meeting the fiscal deficit target of 3.5 percent for FY2020-21 is a challenge, and the possible inflationary impact may also result in the RBI hiking rates in the year, analysts said on Monday

SoftBank's $3 billion WeWork financing talks stall with Japan banks; complicates $9.5 bn rescue package: Report
Business

SoftBank's $3 billion WeWork financing talks stall with Japan banks; complicates $9.5 bn rescue package: Report

SoftBank in October said it would launch a $9.5 billion bailout of WeWork after the cancellation of the startup’s initial public offering

Bharti Airtel to gain at cost of Vodafone Idea as it has better balance sheet strength, say brokerages
Business

Bharti Airtel to gain at cost of Vodafone Idea as it has better balance sheet strength, say brokerages

Bharti Airtel expects industry revenues to start growing again due to recent tariff hikes, and expects industry revenues to surpass $50 billion (timeline unspecified) as opposed $30 billion at present, per company.