Indian IT firms face challenges amid market volatility and declining stock prices, influenced by potential tariffs and reduced discretionary spending. US businesses are prioritizing cost reduction, impacting the IT and BPO sectors. Experts suggest IT firms should focus on cost management, workforce realignment, and exploring non-US markets to navigate the economic uncertainty and optimize existing projects. Post navigation Rupee slips 60p to 85.84/$, worst fall since January Goyal: China’s unfair practices to blame for tariffs
