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Goldman Sachs lowers SBI targets, sees 9% downside

Goldman Sachs lowers SBI targets, sees 9% downside

September 7, 2024, 05:17 PM - 2 min read

Goldman Sachs has downgraded its outlook for the State Bank of India (SBI), reducing its earnings estimates for FY25 and FY26 by 3% and 9%, respectively.

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Goldman Sachs raises India's GDP growth forecast to 6.7%

Goldman Sachs ups India's GDP forecast to 6.7%

May 27, 2024, 08:17 PM - 2 min read

Goldman Sachs revised India's 2024 GDP growth forecast to 6.7%, citing sustained infrastructure investments fueled by a higher-than-expected RBI dividend.

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Goldman Sachs has forecasted that the country's services exports are set to surge to $900 billion by 2030, accounting for approximately 12.4 percent of its Gross Domestic Product (GDP).

Goldman Sachs forecasts India's services exports to reach $900 billion by 2030

May 2, 2024, 04:38 PM - 2 min read

In contrast, the share of goods exports, while also on an upward trajectory, remains relatively smaller, climbing from 1 percent in 2005 to 1.8 percent in 2023. During this period, India has emerged as one of the fastest-growing economies worldwide, trailing only Singapore and Ireland in terms of growth rates. 

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