The White House cautioned staff against using their positions for futures market bets following a pause in Iran strikes. This comes amid scrutiny over well-timed bets preceding major policy decisions, raising questions about potential information leaks. A significant bet on oil futures preceded a delay in attacks on Iran’s energy infrastructure, after which oil prices dropped.
TCS deal wins signal stability despite AI concerns: Sandip Agarwal
TCS’s robust $12 billion Total Contract Value signals stability amidst AI disruption fears, indicating intact client spending. Analysts project 5-6% dollar growth and 16-17% rupee