Economists believe India’s policy interest rate cuts are unlikely to continue due to West Asia crisis-driven inflation risks and the fading of a favorable base effect. Sustained foreign outflows and a weakening rupee could also force the Reserve Bank of India to reconsider further easing, potentially even a hike.
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