It Recession In India 2024. Us companies may reduce their it budgets during the recession. Infosys is expected to report its slowest growth.

It stocks had taken a severe beating, factoring in the aggressive tone of us federal. India’s gdp grew 8.15% yoy over fiscal 2023 to 2024, with a sharp growth of 7.8% in the fourth quarter of 2023, beating the government’s second advanced estimate of 7.6% and reserve bank of india’s (rbi) estimate.