Goldm News
Impact of Budget 2024 on Gold ETFs Vs Gold Fund of Funds
India’s cultural affinity for gold persists, evolving into digital forms like Gold ETFs and Fund of Funds. On Mint Money Shots, we discuss how Budget 2024 alters tax implications, with Gold ETFs benefiting from a shorter holding period for long-term status.
2 min read28 Nov 2024Why Goldman stands out as a Trump-era winner on Wall Street
Booms in dealmaking and private credit would be a double boost for the investment bank.
1 min read14 Nov 2024Goldman Sachs eyes 4.32% upside for S&P 500, raises year-end target to 6,000; US recession odds eased to 15%
Goldman Sachs raised its target for the benchmark S&P 500 as it opens a new tab index for the year-end and the next 12 months on expectations of higher growth margins for companies and a steady macroeconomic outlook through 2025, reported the news agency Reuters on Monday.
1 min read7 Oct 2024Goldman Sachs is giving select clients access to one of its hottest businesses
A big push into asset-backed loans is part of the bank’s plan to roughly double its private-credit assets in the next five years.
2 min read8 Aug 2024Goldman Sachs recruits former Morgan Stanley banker Jaehoon Ahn for South Korea operations
Goldman Sachs Group Inc. recruited former Morgan Stanley staffer Jaehoon Ahn to lead its investment banking business in South Korea. Ahn will join the firm as a managing director next month from SK Bioscience Co.
1 min read22 Jul 2024Goldman Sachs predicts three more US Fed rate hikes, no cuts in 2023
In the wake of much expected US jobs data and rise in producer prices, Goldman Sachs has predicted three more US fed rate hikes in 2023 without any rate cut
1 min read17 Feb 2023InsuranceDekho raises $150 mn, largest ever series A funding round by Indian insurtech firm
Founded by Ankit Agrawal and Ish Babbar in 2016, InsuranceDekho has seen significant premium growth since its inception. The insurtech aims to achieve annualized premium run rate of ₹3,500 crores by March 2023.
3 min read14 Feb 2023Goldman Sachs, Nippon India Mutual Fund, other big investors buy stake in FMCG stock Sapphire Foods. Should you buy?
Goldman Sachs has invested ₹10 crore whereas Nippon India Mutual Fund has invested to the tune of ₹14 crore in this FMCG company
2 min read16 Dec 2022Nykaa stock in focus as Goldman Sachs, Mirae Asset Mutual Fund, other big investors buy stake
Stock in focus: Goldman Sachs has invested ₹220 crore in FSN E-Commerce Ventures Ltd
3 min read16 Dec 2022Goldman Sachs buys stake in Bikaji Foods. Shares surge on Day 2 of listing
Bulk deals NSE: Goldman Sachs Fund has bought 17,45,354 Bikaji Foods shares at ₹324.50 apiece
1 min read17 Nov 2022Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared