To be sure, the reserves had climbed $16.7 billion in the week ended August 27, 2021, but those additions included $12.6 billion worth of one-time Covid restructuring support from the International Monetary Fund (IMF).
AI may hurt IT today, but it could create the sector’s next growth engine: Baroda BNP Paribas MF
AI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund believes it could also