Technology spending is now essential, with Indian IT firms poised for continued growth despite cyclic slowdowns. HDFC Technology Fund adopts a bottom-up approach, balancing industry leaders and disruptors. SaaS, AI, and fintech are expanding India’s tech sector. While IT spending slowed post-pandemic, long-term growth remains intact. Quick commerce has potential profitability as competition stabilizes.
Gold heads for sharpest weekly decline in four months on Fed rate outlook
Gold prices took a hit on Friday amid strong indicators of US economic growth and climbing oil prices. Spot gold prices sank to their lowest