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Image: Chris Haroun Starting your own business may seem a little more realistic today than it was twenty years ago; whether you want to grow an e-commerce store or use…
5 Major Announcements Expected From Union Budget 2023
Union Finance Minister Nirmala Sitharaman will present the Union Budget 2023-24 on February 1. The government is expected to focus on infrastructure development and announce some relief for people in…
Goldman Sachs Optimistic On Paytm, Raises Target Price
Goldman Sachs believes the current share price continues to offer a compelling entry point.(File)New Delhi: Paytm is expected to be adjusted EBITDA positive in March 2023, two quarters ahead of…
Budget To Cap India’s Fiscal Deficit Below 6% In FY24 : Goldman Sachs
The central government will present the federal budget on February 1. (Representative)Goldman Sachs Group Inc. expects India to trim its fiscal deficit aim by 50 basis points for the financial…
Goldman To Cut About 3,200 Jobs This Week After Cost Review
The firm is expected to start the process mid-week.Goldman Sachs Group Inc. is embarking on one of its biggest round of job cuts ever as it locks in on a…
India’s Growth To Slow To 5.9% In 2023 As Reopening Boost Fades: Report
The Reserve Bank of India (RBI), last week, pegged the domestic growth rate at 7% for 2022-23.(File)Mumbai: Goldman Sachs expects India’s economic growth to slow to 5.9% next year, from…
On Job Cuts, JPMorgan And Bank Of America Cautious Even As Goldman Layoffs Loom
JPMorgan and BofA cautious on job cuts as Goldman layoffs loomJPMorgan Chase and Bank of America, the two largest US banks by assets, expressed caution about job cuts in contrast…
IIT Alums Became Friends On Wall Street. Then One Turned On The Other.
Former Goldman banker Brijesh Goel was arrested last month for insider tradingThey were business school buddies who landed at top Wall Street firms — Goldman Sachs Group Inc. and Barclays…
US Banks Face Over $1 Billion in Fines Over Unauthorised WhatsApp Use
Banking giants such as JPMorgan Chase and Bank of America collectively face more than $1 billion (roughly Rs. 8,000 crore) in regulatory fines for employees’ use of unapproved messaging tools,…
Private Sector Capex Investment Rose Up To 150% In 2021-22: Goldman Sachs
Manufacturing sector pushed capex investment of private companies in 2021-22Capital expenditure (capex) investments announced by the private sector witnessed a 145 to 150 per cent increase in 2021-22, compared to…