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Under the new plan, the US will sell weapons to Nato countries who will send them to Ukraine.
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HCL Technologies outperformed Tata Consultancy Services in revenue for the June quarter. However, HCL Tech's profitability declined due to project delays. TCS improved its operating margin through cost control. HCL Tech revised its FY26 revenue guidance upward, signaling optimism. New order bookings decreased temporarily due to procedural delays. Employee attrition at HCL Tech fell, while TCS reported an increase.
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Reserve Bank of India will conduct a three-day variable rate reverse repo operation. The operation is for 1 lakh crore on Tuesday. This announcement was expected due to the fall in overnight rates. The reversal of the three-day VRRR will occur on Friday. 1.52 lakh crore will return to the banking system then.
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News and Media
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