Global Tensions Rise: Infosys Q3, India-US Trade, BMC Polls & AI Future

• Infosys raises FY26 revenue growth guidance to 3-3.5%, citing improved demand, despite labor code costs impacting margins.
• External Affairs Minister S Jaishankar and US Secretary of State Marco Rubio discuss trade, critical minerals, and nuclear cooperation, aiming for a $500 billion India-US trade relationship.
• US President Donald Trump's rhetoric on Iran escalates regional conflict fears, with potential negative fallout for the Gulf and Indian interests.
• China's trade surplus hits a record $1.2 trillion in 2025, as exporters navigate ongoing tariff disputes with the US.
• Maharashtra prepares for crucial civic elections on January 15, including the long-delayed Brihanmumbai Municipal Corporation (BMC) polls.

Why It Matters: Geopolitical tensions, trade dynamics, corporate results, and upcoming elections shape the global and Indian economic narrative.