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August 19, 2025, 03:56 PM - 3 min read
At the inauguration of the new office of global investment banking major, Goldman Sachs, in Mumbai, the state’s Chief Minister, Devendra Fadnavis, announced his government’s decision of developing ‘Third Mumbai’ to drive economic growth
Read moreMarch 26, 2025, 11:45 AM - 3 min read
India’s worst economic downturn may be over, yet market volatility is set to persist, Goldman Sachs has warned. While policy measures are expected to aid recovery, the firm cautioned that external risks, including potential U.S. tariffs, could impact India’s economic stability.
Read moreMarch 8, 2025, 04:16 PM - 6 min read
Oil prices witnessed significant volatility this past week as Brent crude posted its biggest weekly loss in four months, while US West Texas Intermediate (WTI) recorded a sharp 4 pc decline.
Read moreNovember 27, 2024, 05:27 PM - 4 min read
Goldman Sachs has raised its outlook for both gold and oil prices, forecasting significant price increases by 2025. According to the global investment banking giant, gold prices could surge to $3,150 per ounce, marking a substantial 19% rise from current levels.
Read moreSeptember 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.
Read moreMay 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.
Read moreMay 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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