As Pandemic Boom Wanes, JP Morgan Downgrades India’s IT Industry
JP Morgan downgrades India’s IT sector as pandemic boom fades Soaring inflation, supply chain issues, and the Ukraine war-hit will end the growth boom India’s Information Technology (IT) services industry enjoyed during the pandemic; JP Morgan analysts said on Thursday that they downgraded the sector to “underweight”. The $194-billion sector whose software services helped businesses … Read more