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Santanu Sengupta

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  1. Goldman Sachs22 min

    What India’s Digital Transformation Means for Markets, Investors and Economic Growth

    Tim Moe, Sunil Koul, Santanu Sengupta, Allison Nathan

    Presented by Goldman Sachs, the 2022 session forecasts India's GDP growth at 9.1% while warning that equities trade at historically high valuations necessitating a three-rate hike trajectory by the Reserve Bank of India. Analysts highlight a structural shift where the "new economy" sector's weight in indices could surge to 15–16%, mirroring China's past decade of wealth creation despite near-term headwinds from inflation and a robust IPO pipeline. The discussion concludes by outlining key risks related to balance of payments and wage inflation that could complicate monetary normalization as the region pursues this digital transformation.