Us Recession 2024 News In India. The united states may see a deep recession soon, and such a scenario would impact not only india's services sector, which is a key component of the country's. In this context, there is a chance that the us companies may reduce their it budgets during a recession, affecting the number of projects outsourced to indian it.

Union minister narayan rane has said a recession is expected to hit india after june. The indian economy has shown resilience amid fears of recession and war across the global landscape, the rbi (reserve bank of india) said on saturday.