According to Kunj Bansal, while concerns persist regarding the anticipated slowdown or recession in global markets, especially the US and Europe where India’s IT services are exported, the sector can still achieve an annualized growth rate of around 10 per cent. The pressure on margins caused by high employee costs and attrition rates has been easing, he said.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend
October 1, 2026