New Delhi, April 10 -- TCS' Q4 report card comes amid storm clouds over the global economy triggered by US now-on, now-off tariff posturing that has thrown the world into a tizzy.

After days of stock market rout globally, and in the US, President Donald Trump declared, just hours ago, a three-month pause on reciprocal tariffs. The breather marked a rather unexpected U-turn after the stiff levies he imposed, which led to a global stock market meltdown that erased trillions of dollars in investors' wealth.

For now, the rates for India and other countries will revert to a baseline of 10 per cent, although Trump has raised tariffs on China, one of America's biggest trading partners, to a staggering 125 per cent after Beijing vowed a fresh t...