India’s $283-billion IT sector is staring at a turbulent year ahead as fresh US tariff announced by President Donald Trump threaten to disrupt business confidence and consumer spending in its most critical market. While IT services themselves were not directly targeted, analysts say the ripple effects will be significant.
With the US accounting for over half of India’s $190 billion in software exports, any economic...
India’s startup ecosystem has responded sharply to Union Minister of Commerce and Industry Piyush Goyal’s recent comments questioning the sector’s priorities. Speaking at the second edition of the Startup Mahakumbh in New Delhi, Goyal appeared critical of the focus on consumer-centric ventures. He asked the audience, “Do we have to make ice creams or chips? Dukandari hi karni hai?”
Goyal also drew comparisons with China,...