Goldman Sachs: News
Citigroup, Standard Chartered evacuate Dubai offices amid Iran-US war
Citigroup and Standard Chartered have evacuated their Dubai offices and asked employees to work from home.
NVIDIA-backed AI company raises $2B at a $14.6B valuation
Nscale, an artificial intelligence (AI) group backed by NVIDIA, has been valued at a whopping $14.6 billion after raising $2 billion in its latest funding round.
Oil prices could hit $150 per barrel, Qatar warns
Qatar's Energy Minister Saad al-Kaabi has warned that global oil prices could skyrocket to as high as $150 per barrel if the Middle East conflict worsens.
Goldman Sachs raises India's GDP growth forecast to 6.9%
Global investment bank Goldman Sachs has revised its growth forecast for India, raising the country's real GDP growth in calendar year 2026 (CY26) by 20 basis points to 6.9%.
Goldman Sachs deploys Anthropic's new AI model for back-office tasks
Goldman Sachs is revolutionizing its operations by deploying autonomous artificial intelligence (AI) agents powered by Anthropic's Claude Opus 4.6.
These defense stocks should benefit from Budget 2026 announcements
Goldman Sachs has identified a number of defense stocks that could benefit from the Budget 2026 announcements.
Oracle to raise $50B for cloud infrastructure expansion
Oracle has announced its plan to raise between $45 billion and $50 billion in 2026.
Gold price to hit $27,000? Robert Kiyosaki makes bold prediction
Robert Kiyosaki, the author of Rich Dad Poor Dad, has reiterated his bullish stance on gold prices.
Goldman Sachs predicts gold at $5,400 by 2026 end
Goldman Sachs has raised its end-2026 gold price forecast to $5,400 per ounce from the previous estimate of $4,900/oz.
Morgan Stanley, Goldman Sachs to lead Jio Platforms IPO
Jio Platforms Ltd, the digital arm of Reliance Industries, has selected Morgan Stanley and Goldman Sachs as lead bankers for its highly anticipated initial public offering (IPO).
Blackstone-backed Liftoff Mobile files for IPO
Liftoff Mobile, a company backed by private equity giant Blackstone, has filed its first S-1 document with the US Securities and Exchange Commission (SEC).
Meta appoints Dina Powell McCormick as its 1st-ever president
Meta has appointed Dina Powell McCormick, a former Goldman Sachs executive, as its first-ever President and Vice Chairman.
Why gold investors are still bullish in 2026
Despite a record-breaking rally in 2025, few investors expect gold to replicate that success in 2026.
JPMorgan strikes deal to run Apple's credit card business
JPMorgan Chase has announced a deal to take over Apple's credit card business from Goldman Sachs.
AI could take away 200,000 banking jobs in Europe
The European banking sector is on the brink of a major transformation, with more than 200,000 jobs likely to vanish by 2030.
Goldman Sachs upgrades India to 'overweight': What's the reason?
Goldman Sachs has upgraded India's equities rating to 'Overweight,' projecting a target of 29,000 for the Nifty index by the end of 2026.
'Everyone sought bribe': Ex-CFO shares ordeal for daughter's death certificate
A retired executive in Bengaluru has alleged he was forced to pay bribes at every step after his daughter's death.
Why RBI might announce another rate cut by year-end
Goldman Sachs has predicted another policy rate cut before the end of this year.
Oracle plans $15B bond sale to fund cloud deals
Oracle, the tech giant known for its software products, is looking to raise $15 billion from the US investment-grade bond market.
SEBI's new rules make IPO path easier for Jio, NSE
The Securities and Exchange Board of India (SEBI) has relaxed its minimum public offer (MPO) and minimum public shareholding (MPS) norms.
Trump's 50% tariffs could reduce India's GDP growth by 1%
US President Donald Trump's recently imposed 50% tariffs on India could have a devastating impact on the country's economy.
Goldman Sachs reports $3.7B profit in Q2, beats analyst expectations
Goldman Sachs has reported a massive profit of $3.72 billion for the second quarter of 2025, beating analyst expectations.
This Goldman Sachs coder does not sleep or get paid
Goldman Sachs is integrating an artificial intelligence (AI) coder, Devin, developed by London-based start-up Cognition.
Ex-UK PM Rishi Sunak rejoins Goldman Sachs as senior adviser
Former UK Prime Minister Rishi Sunak is returning to Goldman Sachs as a senior adviser.
IndusInd Bank shares crash 3.5% today: Here we decode why
Shares of IndusInd Bank plunged by a whopping 3.5% today, making it the biggest loser on the Nifty index.
Biocon wants to raise ₹4,500cr via QIP this week
Biocon Ltd, the bio-pharmaceutical giant led by Kiran Mazumdar-Shaw, is gearing up to launch its proposed Qualified Institutional Placement (QIP) very soon.
Explained: How the $1,000-per-baby 'Trump accounts' would work
On Monday, United States President Donald Trump announced a federal program that will give $1,000 government-funded investment accounts for every American baby born between January 1, 2025, and December 31, 2028.
Flipkart to exit from Aditya Birla Fashion and Retail: Report
Walmart-owned Flipkart is planning to sell its entire 6% stake in Aditya Birla Fashion and Retail Ltd (ABFRL) through a block deal.
RBI cuts India's GDP growth forecast amid Trump's tariff tensions
The Reserve Bank of India (RBI) has cut its GDP growth forecast for the ongoing fiscal year by 20 basis points to 6.5%.
US recession risk surges to 45% amid Trump's tariff turmoil
Goldman Sachs economists, led by Jan Hatzius, have raised the odds of a US recession to 45% from 35% previously. The revision comes after the Trump administration's tariff announcement last week.
Visa wants to replace Mastercard as Apple's credit card partner
In a major move, Visa has placed a bid of around $100 million to take over Mastercard as the credit card partner for Apple's Apple Card.
Indian IT stocks downgraded by 30%: Here's why
Goldman Sachs, a leading global brokerage firm, has cut target prices for Indian IT stocks by 3%-32%.
Mark Carney set to replace Justin Trudeau as Canadian PM
Mark Carney has won Canada's Liberal Party leadership contest and will take over from Justin Trudeau as the country's PM.
Goldman Sachs downgrades BSE's stock price target for 2nd time
Global investment bank, Goldman Sachs, has revised its stock price target for BSE Ltd. This is the second adjustment in a week.
Trump pauses enforcement of law banning bribery of foreign officials
President Donald Trump has signed an executive order to temporarily suspend the enforcement of the Foreign Corrupt Practices Act (FCPA).
Goldman employees unhappy with low bonuses after CEO's $39M payout
Goldman Sachs employees are unhappy with their end-of-year bonuses, which they deem insufficient.
PharmEasy's 4 out of 5 co-founders are exiting the company
Dharmil Sheth, Dhaval Shah, Harsh Parekh, and Hardik Dedhia have announced their exit from API Holdings, the parent company of online pharmacy PharmEasy.
AI can draft 95% of IPO prospectus: Goldman Sachs CEO
In a bold claim, Goldman Sachs CEO David Solomon has said that artificial intelligence (AI) can draft an IPO (initial public offering) prospectus.
Edtech giant PhysicsWallah plans $500M IPO, eyes $5B valuation
Indian edtech giant, PhysicsWallah, is gearing up for an Initial Public Offering (IPO) in the next four to six months.
Why JPMorgan and Citigroup are suing US Federal Reserve
Several leading US banks and business associations have sued the US Federal Reserve, contesting the existing annual bank stress test processes.