Most major global agencies expect India to record steroid charged growth in 2021, albeit from a reduced base. The much-criticised measures by the government and the RBI to ensure that the country’s macro-economic indicators remain in good shape are now expected to pay rich dividends.
Leading global investment bank Goldman Sachs has projected a more than 15 per cent GDP expansion for India in the next fiscal. And strong farm sector growth and rising rural prosperity could temper the blow of the massive economic contraction in the first quarter of the current fiscal.
Goldman Sachs will honour its commitment made prior to the lockdown to all full-time hires and interns in India. Amid the COVID-19 pandemic, while many companies are forced to conduct layoffs and implement furloughs, Goldman Sachs Group Inc will be on-boarding 1,460 Indian graduates and students this summer. The global investment banking firm said it will honour its commitment made prior to the nationwide lockdown to all full-time hires and interns in India. Gunjan Samtani, Head, Goldman Sachs Service in [...]