The dual specter of global recession and persistent inflation threaten to derail India's growth prospects in 2023-2024. It could become a set of triples in a context where oil and gas prices are heading north.

The potential rise in oil and gas rates should be a guide for Finance Minister Nirmala Sitharaman to make realistic assumptions in the next budget. This budget missed the real figures by one thousand thanks to the Russian-Ukrainian war after budget estimates for fuel prices.

Par ailleurs, alors que l' entreprise se prépare à un ralentissement économique, Microsoft announced on Wednesday that it would cut its workforce by 5%, or 10,000 employees, by the end of the third quarter of fiscal year 2022 - 23 (FY23). The company's fiscal year runs from July to June. The impact of this move on its Indian activities could not be determined.