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In its analyst meet, Trent’s management provided insights about the company’s strategies and key focus areas, which will help the company to deliver strong double-digit growth in the coming years.
Asian Markets trade lower as investors weighed the US Fed's decision to keep interest rates steady, while the ongoing conflict between Israel and Iran continues to dent sentiment. Nikkei, Hang Seng and Shanghai were down 0.76%, 1.00%, and 0.39% respectively.
In May, Consumer Price Index (CPI) inflation eased to 2.8%, while Wholesale Price Index (WPI) inflation declined to 0.4%. This sequential drop in CPI inflation was mainly driven by a sharp decline in food prices.
Goldman Sachs retained its GDP growth forecast for India at 6.1% for FY26, despite increasing global trade tensions. The firm believes lower oil prices could help reduce India's import bill and boost demand if the savings are passed on via price cuts.