Brazil's political crisis will test BRICS capability: China

Brazil's political crisis will test BRICS capability: China

Beijing: Brazil's interim President Michel Temer's major policy shift has posed a test to the capability of BRICS as the new government has relegated cooperation with the five-nation bloc to "secondary place", Chinese state media said today.

US stocks jump on rising oil prices

US stocks jump on rising oil prices

US stocks posted solid gains on Monday as investors cheered over a strong rebound in oil prices.

Vodafone Group all set for $2.5 billion IPO launch, invites big banks

Vodafone Group all set for $2.5 billion IPO launch, invites big banks

Vodafone Group has set the ball rolling for its long-awaited India IPO by inviting banks, including Citigroup, Goldman Sachs and Morgan Stanley, to submit pitches to manage it, people with direct knowledge of the deal said

Goldman Sachs arm bullish on Indian financial tech startups

With the Indian startup ecosystem growing rapidly, an arm of Wall Street investment bank Goldman Sachs Tuesday said it is bullish on the space and will be scouting to invest up to USD 10 million in domestic financial technology companies.

Oil dips after Goldman Sachs pours cold water on output freeze prospects

Oil dips after Goldman Sachs pours cold water on output freeze prospects

Crude prices dipped on Monday as influential bank Goldman Sachs poured cold water on the prospects of a planned oil producer meeting successfully reining in global oversupply

Rajat Gupta released after completing 2-year prison term

Rajat Gupta released after completing 2-year prison term

India-born former Goldman Sachs Director Rajat Gupta has been released after completing his two-year prison term, weeks after a US court agreed to rehear his appeal to throw out his 2012 insider-trading conviction.

Govt to delay fiscal roadmap, project deficit at 3.9%: Goldman

Government may deviate from the fiscal consolidation roadmap and up its deficit target for 2016-17 to 3.9 per cent of GDP to push rural demand and pay higher wages to civil servants, Goldman Sachs said today.

US crude oil prices fall as inventories hit record high

US crude prices dipped in early Asian trading on Thursday as oil storage levels hit record highs, and Goldman Sachs said prices would remain low and volatile until the second half of the year.

Rajat Gupta to finish sentence at New York home

Rajat Gupta to finish sentence at New York home

Goldman Sachs Group's former Indian American director Rajat Gupta, freed early after serving 19 months in federal prison, will have to stay at home until March with an ankle bracelet, according to a media report.

 

Goldman Sachs Q4 earnings drop 71.8% on hefty legal charge

Goldman Sachs Q4 earnings drop 71.8% on hefty legal charge

Goldman Sachs reported a big drop in earnings Wednesday as hefty legal expenses and lower trading revenues more than offset the gains from strong merger advising activity.

Oil options lurch closer to $20 per barrel Goldman doomsday forecast

When US investment bank Goldman Sachs said last year that oil could fall as low as $20 per barrel, it assigned a fairly low probability to that scenario.

 

CCI clears Reliance Capital-Goldman Sachs deal

CCI clears Reliance Capital-Goldman Sachs deal

Competition Commission has given its approval to Reliance Capital Asset Management's proposed acquisition of global giant Goldman Sachs' mutual fund business in India for Rs 243 crore.

Gupta's latest bid to reverse insider trading conviction fails

Gupta's latest bid to reverse insider trading conviction fails

Less than three months before his two-year prison term ends, India-born former Goldman Sachs director Rajat Gupta has lost yet another bid to overturn his conviction on insider trading charges, with an appeals court here rejecting his latest legal challenge.

Goldman pegs India's GDP growth at 7.9% in FY17

Goldman pegs India's GDP growth at 7.9% in FY17

Country's GDP is expected to grow by 7.9 percent next fiscal driven by rising domestic demand and higher capital spending by the government, even though global economy will remain anaemic, Goldman Sachs said Wednesday.

US charges ex-Goldman employee with insider trading

Shares of the four companies -- Yodlee, Zulily, Rentrak and KLA-Tencor -- jumped when takeovers were announced.

US oil price drops amid ample supplies

US oil price retreated on Thursday as US stockpiles added last week.

Natural gas prices to fall next fiscal: Goldman Sachs

Natural gas prices to fall next fiscal: Goldman Sachs

Natural gas prices for existing fields like KG-D6 of Reliance Industries will dip to USD 3.6 per unit in next fiscal from USD 3.82 currently, Goldman Sachs said Wednesday.

Reliance MF eyes more acquisitions after Goldman Sachs buy

After acquiring Goldman Sachs' India mutual fund business, top fund house Reliance Capital Asset Management (RCAM) is looking for more acquisitions in this highly-fragmented market.

Airtel may cut data prices by 25% next fiscal: Goldman Sachs

Airtel may cut data prices by 25% next fiscal: Goldman Sachs

Bharti Airtel may cut data prices by 25 percent in the next financial year as a result of Reliance Jio launching services, a report by Goldman Sachs said.

Goldman CEO Blankfein says has ''highly curable'' form of lymphoma

Goldman CEO Blankfein says has ''highly curable'' form of lymphoma

Goldman Sachs Group Inc Chief Executive Officer Lloyd Blankfein said on Tuesday he had a "highly curable" form of lymphoma, and would be able to work substantially as normal during treatment.