TCS Q3 net profit grows 11% YoY to Rs 10,846 crore https://ift.tt/OtW0rdL to reporters, TCS chief executive officer and managing director Rajesh Gopinathan said the company sees no "structural problem with the US and the (slowdown) is more a transient one".
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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