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FILE PHOTO: A woman walks past the Reserve Bank of India (RBI) head office...

MPC minutes signal shift to hawkish stance

The Reserve Bank of India could take a more hawkish tone starting as early as June despite easing inflation, minutes of the monetary policy committee's meeting that took place this month showed.

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TCS sees rebound in financial client spending in 2018/19

India's Tata Consultancy Services Ltd (TCS) expects a rebound in spending by its key banking, financial services and insurance (BFSI) clients this financial year, it said on Monday, as it posted its biggest-ever profit, helped by deal wins.

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