Blow to office market due to slowdown, mass layoffs, slow hiring in tech sector is temporary, they say; sector has fared better than other global markets earlier, will do so this time too
Global economic slowdown, tech layoffs and hybrid work have impacted gross leasing of office space in India, as flexible office space providers share reached almost at par with traditional companies
In every systemic crisis, there are initial soothing noises from regulators and commentators: There won't be contagion. Except that eventually there is contagion more often than not, writes T N Ninan
These are the top five economies in the world, excluding India. India's growth rate has also been slowing after a stellar second quarter, showed data released on Tuesday
Oil on Monday rose by more than 1% on optimism over Chinese demand, which analysts expect to rebound this year after COVID-19 curbs that had limited use were scrapped
The Reserve Bank of India (RBI) has predicted that 2023 would probably be characterised by a milder global slowdown than anticipated earlier, but added that the trajectory remains unpredictable
Tax reliefs are expected to leave more money in the consumers' hands. While the aim is to boost consumption, the extent of the impact remains to be seen
While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do: Dan Schulman