Tech Mahindra’s Q1 performance is expected to be subdued due to uncertain macro conditions and cautious tech spending. Net profit for March 2024 may decline up to 40% YoY, as per four brokerages. Revenue, too, will likely see a fall.
GST reforms will eventually impact market interest rates: Saugata Bhattacharya
“In principle, monetary policy is always ready to support growth, but not at the cost of price stability. The proposed GST rate slab transition changes