What’s Going Wrong with Indian IT? | The Daily Brief #211

In today's episode of The Daily Brief, we cover 2 major stories shaping the Indian economy and global markets: 1. Indian IT Faces Its Toughest Test Yet Indian IT giants like Infosys, TCS, and Wipro are warning of weak growth ahead due to global uncertainty, falling tech budgets, and pricing pressure from AI. Despite strong deal wins, revenue realization remains under threat, hiring is slowing, and clients are cutting back — especially in tariff-hit sectors like manufacturing and retail. 2. IMF’s Forecast Chaos: Trade War Clouds Global Growth The IMF has slashed India’s and the world’s growth forecasts amid rising trade tensions. With Trump’s new tariffs and retaliatory moves shaking global confidence, the IMF admits it can’t make reliable predictions anymore. The only certainty: the future is highly uncertain. Timestamps: 00:00 Intro 00:49 Rough patch for Indian IT 09:48 The IMF has no idea what’s happening 19:36  Tidbits Get smarter every day with our daily newsletter. Subscribe here: https://thedailybrief.zerodha.com/ Check out our latest newsletter "Aftermarket Report" here: https://aftermarketreport.substack.com/ Every day, each team member shares something they've learned, not limited to finance. It's our way of trying to be a little less dumb every day. Check it out here: https://onethingwelearned.today/ Listen to this episode on your preferred podcast platform: Spotify: https://open.spotify.com/show/2SJiLdv5LdxN2y2TKzJcdn Apple Podcasts: https://podcasts.apple.com/in/podcast/the-daily-brief/id1754694834 Watch this episode in Kannada on @marketsbyzerodhakannada : https://youtu.be/8tA09Q3VP2k Disclaimer: Some image(s) may have been created using Al, no copyright infringement is intended. Note: This content is for informational purposes only. None of the stocks, brands or products mentioned are recommendations or endorsements.