Steep rate hikes in the US and a slowdown in growth has increased the risk of the world’s largest economy entering into a recession. This does not bode well for India as, historically, domestic equities have entered into a bear market when the US slips into recession.
Trent Q4 net profit soars multifold to Rs 712 cr, dividend declared at Rs 3.2
Fashion and lifestyle player Trent on Monday reported a multifold jump in consolidated net profit at Rs 712 crore for the quarter ended March 31,