Demand conditions remain steady but cautious, with clients taking longer to make decisions. While BFSI and Technology sectors are seeing some recovery in discretionary spending, segments like Manufacturing, Automotive, and Communications continue to stay weak, affecting overall growth. Deal wins remain healthy, but most are focused on cost saving and vendor consolidation rather than new digital projects, which is limiting near-term revenue growth. Concerns around GenAI disruption especially from companies like Anthropic etc are also slowing decision-making as clients assess returns and risks. At the same time, AI presents a strong long-term opportunity, with the AI...