IT firms brace for soft Q3, mid-caps to beat larger cos

BENGALURU: Indian IT firms are expected to deliver a moderate performance in a seasonally weak Dec quarter, weighed down by furloughs (lesser number of working days in Dec). Demand remained subdued, with only limited recovery in discretionary spending, and growth was largely driven by clients’ cost-optimisation priorities. Brokerages estimate that enterprise technology spending is likely…

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Venezuela bonds are the hottest trade on Wall Street this week, but risks remain

Demonstrators hold a large Venezuelan flag outside the National Assembly, on the day Vice President Delcy Rodriguez was formally sworn in as the country’s interim president, as U.S.-deposed President Nicolas Maduro appeared in a New York court after the Trump administration removed him from power, in Caracas, Venezuela Jan. 5, 2026. Maxwell Briceno | Reuters…

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After prolonged cloudy spell, sun set to shine on FMCG companies; benign inflation, lower GST rates expected to lift nos

MUMBAI: After months of sluggishness, demand recovery is in sight for consumer goods companies, partly helped by GST cuts which drove down prices of a host of household essentials and left more money in the hands of shoppers. There have been some initial signs of revival on the ground already, firms said in their recent…

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U.S. Senate back to crypto talks as industry’s make-or-break bill faces time crunch

U.S. senators met Tuesday to begin talks again on the crypto bill that will set the market structure for digital assets, according to people familiar with the situation, though no further accords have been announced on the several points of debate between Democratic and Republican negotiators. One of those meeting today, Senator John Kennedy, told…

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