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The continuing uncertainties are set to take their toll on hiring, and companies are expected to keep employee addition at "low levels" in the near term, the rating agency said, adding that the net addition is negative in the last two-quarters of FY23
The growth propelled the Indian Economy to $3.3 trillion and set the stage for achieving $5 trillion target in the next few years. In the previous fiscal, the economy grew by 9.1%.
Quick commerce firm Zepto recently onboarded ex-Zilingo and Myntra executive Ramesh Bafna as the CFO. It is aiming for a public listing in the next 2-3 years.
The solution, named Turbo UPI, is expected reduce the scope of non-technical errors that can lead to drop-offs, as the customer would not have to leave the merchant’s mobile app.
The iPhone maker has not explicitly refused to adhere to the order issued by the Ministry of Electronics and Information Technology in February, which listed 138 gaming and betting applications prohibited from operating in India, the report said.