💨 Abstract

The IT services sector in India faces new challenges due to rising trade tensions and economic uncertainties. Tariffs and counter-tariffs have increased market instability, while inflation concerns and delays in interest rate cuts have worsened the outlook, according to a JM Financial report. Mixed signals have been observed, with some reporting pauses in large programs by US banks, which could impact the sector's growth prospects.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖