The medium-term outlook for the information technology (IT) industry in the country remains cautiously optimistic despite persisting macroeconomic headwinds and continued client spending caution, according to a research outlook report on the IT sector by Mirae Asset Sharekhan.
Uncertainties surrounding rate cuts and the escalation of tariff wars will influence the sentiments in the near term and prolong the information technology (IT) sector recovery, said a report by Mirae Asset Sharekhan.
Despite witnessing tough conditions in the third quarter, loan growth will improve from the second half of Financial Year (FY) 2026, driven by a recovery in the unsecured segment and a gradual pickup in private capital expenditure (capex), according to a report by Mirae Asset Sharekhan.
Growth in consumer goods space is set to be muted for yet another quarter (October-December 2024, asserted Mirae Asset Sharekhan, attributing it to sluggish urban demand, a gradual recovery in rural demand and price hikes taken across product categories.
Mumbai (Maharashtra) [India], December 2: Mirae Asset Financial Group today announced the completion of its acquisition of Sharekhan, following the receipt of all required regulatory approvals. This marks a new chapter in both companies' journeys as Mirae Asset Sharekhan becomes part of the