Forecast

S&P Raises India’s FY27 Growth Forecast

S&P Raises India’s FY27 Growth Forecast

S&P Global Ratings has revised its forecast for India’s 2026-27 growth upward to 7. 1%. This indicates that they believe India will continue to experience economic growth despite significant global economic uncertainty. S&P Global Ratings noted that Indians are earning income, businesses are undertaking modest investments, and the nation is exporting significant volumes of goods….

Indian IT Braces for Slowing Growth and Challenging Hiring Prospects

Indian IT Braces for Slowing Growth and Challenging Hiring Prospects

In a recent report, domestic rating agency Icra has projected a further deceleration in the revenue growth of Indian IT companies, which are already grappling with headwinds in the industry. The nearly USD 250 billion sector is expected to witness a slowdown to mid-single digits, placing significant pressure on the sector’s stability and prospects. The…