“It is possible now (after the new governor takes charge) that a bit more flexibility is allowed in currency fluctuations going forward, as compared to the relatively tighter leash seen over the last one year and more,” said Sonal Varma, chief economist, India and Asia ex-Japan, Nomura.
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