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INDIA IT SECTOR GROWTH
India IT set for fourth year of weak growth on geopolitics, AI risksAs HCL Technologies Ltd. and Tech Mahindra Ltd. unveil their latest reports, investors are keenly observing the situation, particularly giv...- India Inc's Q2 revenue growth to moderate to 16-16.5%: ReportIndia Inc’s revenue growth is estimated to moderate to 16-16.5% year-on-year in the September quarter from 17.4% in Q1, while aggregate Ebi...
- India set to be ServiceNow's fastest-growing market in AsiaThe California-based company employs 6,000 people in India – a fifth of its global workforce. India handles 45% of the company’s global del...
- World Bank bumps up FY27 India growth outlook to 7.1%The World Bank has increased the growth forecast for India's FY27 to 7.1% from earlier estimates. This revision is attributed to strong dom...
- S&P projects 12-14% credit growth this fiscal, warns weak monsoon may hit rural lendingS&P Global forecasts a 12-14% increase in financial sector lending despite potential slowdowns in rural areas. Concerns about weak monsoon ...
- Cabinet clears Rs 10,000 crore SME Growth Fund to boost small and medium enterprisesThe SME Growth Fund aims to provide long-term growth capital and address financing gaps for these businesses. By targeting manufacturing an...
- The economics of India's biggest export industry goes topsy-turvyIndia’s $315-billion IT industry faces a structural shift as AI boosts productivity but puts pressure on pricing, revenue and entry-level h...
- India's services sector growth at 3-month high, but quarter weakest since 2022, PMI showsIndia’s services sector expanded at its fastest pace in three months in September, with the HSBC Services PMI rising to 55.2 on stronger do...
- Ayush services sector supports 1.76 million livelihoods; women constitute 43% of the workforceThe Ayush services sector supports 1.76 million livelihoods in India and has a significant female workforce. Women's participation in organ...
- AI deals seen driving medium-term growth as Indian IT sector faces muted Q2: ReportIndia's IT services sector is likely to see muted performance in the second quarter of FY27, but increasing traction in artificial intellig...
- IT Q2 preview: Muted growth, steady margins likely; deal conversion, AI deflation in focusResearch advisory UnearthInsight expects the top-five IT companies to grow 0.5-1% quarter-on-quarter in the second quarter of FY27, with li...
- India fastest-growing Asia market for NetApp; BFSI and public sectors key growth drivers: CEOThe San Jose-based data infrastructure company has also grown its global capability centre in Bengaluru, with the majority of global R&D pr...
- IT Q2 review: Muted growth, steady margins likely; deal conversion, AI deflation in focusIndia's leading IT firms are projected to exhibit modest revenue growth and stable margins for the second quarter. Analysts anticipate that...
- IT sector faces another muted quarter as pricing pressure, geopolitics weigh on growth: ReportIndia's IT sector is expected to see limited growth in Q2FY27 due to various pressures and headwinds. Predictions indicate large-cap firms ...
- AI breaks India’s linear growth model, but campus hiring remains weak: Nasscom’s Rajesh NambiarNambiar said large IT and BPM companies have cut back on campus hiring over the last three years, which is not expected to change while the...
- India's white-collar hiring rises 2% in September as AI/ML jobs hit record growth: NaukriIndia’s white-collar hiring grew 2% year-on-year in September, with the Naukri JobSpeak Index rising to 3,053 from 3,002 a year earlier. AI...
- Tier-2 IT firms likely to lead Q2FY27 growth despite Gen-AI, geopolitical challenges: ReportThe report said the overall demand environment remained largely stable during the quarter, but weakened in September amid rising geopolitic...
- GEC-III scheme to unlock next growth phase for India renewables sectorThe Union Cabinet approved the GEC-III scheme, earmarking Rs 1.86 lakh crore for developing transmission systems and battery storage. This ...
- India factory activity rebounds sharply in September as demand revives, PMI hits 7-month highIndia's manufacturing sector rebounded in September after a three-month slowdown, driven by strong demand for various products. The HSBC In...
- Services output grows 13.5%, 17 of 19 sectors expandThe service sector is expected to maintain its underlying strength in the months ahead, said Rajani Sinha, chief economist at CareEdge Rati...
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