Mumbai, February 2026 — The Indian IT sector, long considered the backbone of the nation’s export economy, suffered a historic collapse today as the Nifty IT index plummeted 9% in a single trading session.
- Editor
- February 14, 2026
- Business, Business Trends, economic, Markets
- Economy, Finanace, Treading
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What market analysts are calling the “SaaSpocalypse” was triggered by a technological leap from the US-based AI giant Anthropic. Their new “Agentic Workflows” have effectively automated the mid-level management and integration tasks that thousands of Indian engineers were paid to perform manually. The Death of the “Billable Hour” For decades, giants like TCS, Infosys, and Wipro thrived on a simple …
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