Recession In It Sector 2024. It is important to be aware of the potential for a recession in 2024 and take steps to prepare yourself. Amid the optimism of rbi on gdp growth, the government has flagged that recession risks may reappear in 2024 mainly due to current uncertainties linked to rising food.


Recession In It Sector 2024

The it industry is facing a freeze on technology spending due to concerns about a recession and a challenging macroeconomic situation. The investment bank ubs now predicts that auto manufacturer’s profits for 2023 and 2024 will be down by 30% due to lower demand and affordability as well as higher costs,.

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