IT rate cuts: Rate cut uncertainty, escalating tariff wars to delay Indian IT sector recovery: Report

Share via:


Uncertainties surrounding rate cuts and the escalation of tariff wars will influence the sentiments in the near term and prolong the information technology (IT) sector recovery, said a report by Mirae Asset Sharekhan.In the short run, both global and domestic factors will impact the IT sector recovery, the report added.

However, the report added that the medium- and long-term outlook for Indian IT companies remains positive as enterprises are expected to gradually raise their discretionary spending.

The report added that management commentaries reflect…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Team SNFYI
Hi! This is Admin.

Popular

More Like this

IT rate cuts: Rate cut uncertainty, escalating tariff wars to delay Indian IT sector recovery: Report


Uncertainties surrounding rate cuts and the escalation of tariff wars will influence the sentiments in the near term and prolong the information technology (IT) sector recovery, said a report by Mirae Asset Sharekhan.In the short run, both global and domestic factors will impact the IT sector recovery, the report added.

However, the report added that the medium- and long-term outlook for Indian IT companies remains positive as enterprises are expected to gradually raise their discretionary spending.

The report added that management commentaries reflect…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

Team SNFYI
Hi! This is Admin.

More like this

DeepSeek aids China’s military and evaded export controls, US...

AI firm DeepSeek is aiding China's military and...

Snowcap Compute raises $23 million for superconducting AI chips

Snowcap Compute, a startup working on building artificial...

IdeaForge bags around Rs 137 crore drone order from...

Drone technology firm ideaForge Technology has secured an...

Popular

Upcoming Events

iptv asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas asdas