Economy Statement by Eric Van Nostrand, Acting Assistant Secretary for Economic Policy, for the Treasury Borrowing Advisory Committee marketswired.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketswired.com Daily Mail and Mail on Sunday newspapers.
"Despite having good order books, IT companies are facing project postponement from clients. Once certain clarity starts emerging on the global economic front, this sector might be back again on the investor radar. Other sectors that offer longevity of growth can be healthcare, including pharmaceuticals and hospitals. Chemicals can be another promising sector, despite its current headwinds. "
Securing a job with a software company is seen as a route to a better life, but it may be a difficult one as some IT companies may skip campus hiring altogether
Surat: Already reeling under severe pressure from the global slowdown due to Russia-Ukraine war, the stability of the diamond industry has been rocked.