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IT reset: Indian tech stocks search for momentum after a long slowdown; AI shifts from pilots to payoffs
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Indian IT stocks, after years of underperformance, are cautiously optimistic for 2026, banking on AI to reignite growth. While past demand weakness stemmed from global economic woes and productivity gains, AI is now seen as a long-term driver.
from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/6eToQCU
The India-UK free trade agreement begins implementation, boosting Indian exports to the UK. Indian service providers and professionals will gain greater access to the United Kingdom market. Many Indian products will enter the UK duty-free, enhancing export competitiveness significantly. Digital service delivery is fully opened, benefiting global capability centers in India. A double contribution convention will save Indian workers and employers substantial annual amounts. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/TpdrwCP
US senators unveiled a revised Russia sanctions bill targeting major energy buyers. This legislation seeks to pressure Moscow and its key oil and gas importers. The updated bill reduces previously proposed tariffs on top purchasers like China and India. It also targets Russia's shadow fleet and financial institutions involved in its war. This measure aims to secure broader political support and honor Senator Lindsey Graham's legacy. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/btsaMHE
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