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India’s information technology companies, among the worst-performing sectors this year, may not see a recovery in fiscal 2026, analysts said, after Accenture flagged weak discretionary spending and demand in its quarterly report.
Accenture, the world’s largest IT services player and a bellwether for the Indian IT industry, warned on Thursday that spending on discretionary projects in the quarter “was still constrained” and flagged no meaningful increase in client budgets.
Escalating global trade tensions following fresh U.S. tariffs on trading…
