Of the three top-rung IT exporters that have so far declared results for the September quarter, TCS and Wipro reported 4% and 4.1% sequential growth, respectively, in the dollar-denominated revenues while HCL Tech’s growth rate was marginally lower at 3.8%.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation