Lenskart’s maiden quarterly results as a public entity reveal a robust 21% revenue surge to ₹2,096 crore and a 20% net profit jump to ₹103 crore. The eyewear giant, driven by technology and an omnichannel strategy, is poised for further growth, planning over 450 new stores this fiscal year and launching AI-powered smart glasses.
Fed Governor Michael Barr signals more rate hikes needed to tame inflation
Federal Reserve Governor Michael Barr announced that additional rate hikes may be necessary to manage inflation. He indicated that while economic growth is strong, inflation