discretionary spending News

AI Revolution and US Tariffs Pose Dual Threat to India's Booming IT Sector

India's IT sector is under threat from AI efficiency gains and US tariffs, with potential impacts on deal wins and discretionary spending across key industries like retail, logisti...

June Sees a Remarkable 1.2% Surge in Australian Retail Sales, Exceeding Expectations

Australian retail sales surged by 1.2% in June, exceeding expectations and showing a 4.9% increase from June 2024, driven by sales events and new product releases.

Indian IT Firms Face Rising Uncertainty: Strategies for Cost Reduction and Efficiency

Indian IT firms are navigating through market volatility and bearish sentiments by focusing on cost reduction and efficiency. With significant stock declines and uncertainties from...