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Volatile demand-supply dynamics dictating Indian IT industry
The Indian IT industry is in a state of flux. After recording double-digit revenue growth during FY22 and FY23, the sector is staring at a scenario...
US Fed hikes interest rates for 11th time in last 16 months
The new hike take the rate to the highest level in 22 years to between 5.25 and 5.50 per cent
Global slowdown hits MSME sector
Sluggish US, EU economies to cripple 20% of small businesses; MSMEs to spend more on working capital; Crisil report
Asian shares extend losses ahead of US data
Nikkei higher as investors bet on higher returns from Japanese cos, while Hang Seng, Shanghai Composite index, Kospi ended lower
U.S. added 223,000 Jobs in December, a slower but comfortable rate
The U.S. economy produced jobs at a slower but still comfortable rate at the end of 2022, as higher interest rates and changing consumer habits...
US inflation sharply falls to 7.1% over past 12 months
Consumer prices rose 7.1% in November from a year ago, the government said. That was down from 7.7% in October and a recent peak of 9.1% in June. It...
US revises up last quarter's GDP growth rate to 2.9%
Despite high interest rates and chronic inflation, the U.S. economy grew at a 2.9% annual rate from July through September, the government said...
Will India escape from impact of global recession this time?
There are widespread fears of the global economy slipping into recession in 2023 in the wake of rising inflationary pressures across the world,...