Tata Consultancy Services is projected to reveal a slight increase in dollar-denominated revenue growth for the June quarter, outperforming the previous quarter. Supported by a weaker dollar against the pound and euro, revenue is expected to rise by 1.2%. However, rupee-term revenue growth may be slower due to rupee appreciation, with a modest net profit increase anticipated.
RBI plans to remain nimble to prevent persistent supply shock amid West Asia crisis
Reserve Bank of India Governor Sanjay Malhotra addressed global challenges at Princeton University, stressing upon agile monetary policy to counter supply shocks from West Asia.