India’s GDP growth seen at 6.8% in FY27, says Goldman Sachs
The global investment bank expects private consumption to strengthen further in FY27.
The global investment bank expects private consumption to strengthen further in FY27.
In its revised outlook, Goldman Sachs lowered India's real GDP growth projection marginally by 0.1 percentage point for calendar year 2025 to 6.5% and by 0.2 percentage point for 2026 to 6.4% year-on-year.
Goldman Sachs highlighted two critical challenges ahead of the Union Budget for the financial year 2025-2026 (FY26) namely managing fiscal consolidation and prioritizing government spending.
Global brokerage Goldman Sachs on Thursday lowered its target price for Reliance Industries Ltd (RIL), while maintaining 'buy' rating for the diversified group.
It forecast India's headline inflation at 4.2 per cent (average) in 2025 with food inflation at 4.6 per cent.
Leading global investment banking and securities firm Goldman Sachs in a note said the upcoming budget is likely to stick to the path of fiscal consolidation
Analysts at Goldman Sachs said the steep correction in private bank stocks on Thursday after the fall post-election results, offers opportunities to accumulate private banks.
In 2022, Zomato had acquired Blinkit for $568 million but since then, on the back of improved performance, the latter’s implied valuation has grown to a staggering $13 billion, according to analysts at Goldman Sachs.
Also, reportedly, the Grayscale Investments, a leading crypto asset manager, is in talks with major financial institutions like JPMorgan and Goldman Sachs about their potential roles in Grayscale’s proposed Bitcoin ETF.
Once the employees arrived at the conference room -- some as early as 7.30 a.m. -- they were told by their managers that they were being fired.
