Will Recession Hit India In 2024. Stock markets have experienced a sharp decline in the past two sessions, losing over 4% from their record highs. How a likely global recession will impact indian it companies.

Employers have slowed hiring, adding an average of about 170,000 jobs each month for the last three months, and just 114,000 in july, versus 267,000 a month. The finance ministry has said that recession risks may reappear in 2024.