Ukraine war

IT corporations’ margins hit a three-year low in FY24

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Margins for high Indian IT corporations, excluding TCS, hit the bottom in three years throughout FY24. As financial troubles beginning with the warfare in Ukraine spelled bother for Western markets like Europe, corporations have largely been reporting declining margins in each monetary yr. The chance of recession within the 2024 fiscal together with crucial investments … Read more

Massive Story: Will Oil Hit $100 a Barrel?

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The Israel-Hamas struggle apart, crude oil costs are anyway going up as a consequence of supply-demand circumstances. That stated, the rally may hit a wall within the second half of calendar yr 2024. It is because by then, the struggle threat premium may wane and the worldwide progress issues would possibly come into play, weighing … Read more