The global investment bank believes that the ER&D spending slowdown seen over the last six months is structural and not cyclical. Channel checks suggest that there is no urgency amongst enterprises to spend on these areas. Reopening (post-Covid) requires less need for spending on connected and smart products.
GIFT Nifty records all-time high monthly turnover of $100.7 billion in September
GIFT Nifty achieved a new milestone with a monthly turnover of $100.7 billion in September 2024. This surpasses its previous record of $100.13 billion set
October 1, 2024