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Searched Tag: goldman sachs
Kevin Sneader, president of Goldman Sachs, said opportunities in the Indian market are of great significance to the firm

‘Third Mumbai’ to boost Maharashtra’s economic development: CM

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

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Representative image.

Market volatility to stay despite recovery: Goldman Sachs

March 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.

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Oil Prices Drop as OPEC+ Plans Output Hike US WTI Down 4 pc.

Brent posts biggest weekly loss in 4 months amid OPEC moves

March 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.

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Goldman Sachs projects gold to hit $3150 by December 2025. Image for representative use only.

Goldman Sachs sees bullish gold and oil price predictions

November 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.

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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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