[ad_1] New Delhi: First Kovid and now inflation! So far, Tata GroupThe U.S. retail apparel firm has not only managed to deliver great returns to its shareholders over the years, but has outperformed its peers as well. And given the company’s focus on growth, improved return profile and revival in consumer sentiment, it is likely to maintain its lead. The company reported nearly 53 per cent revenue growth in Q4FY22 on a standalone basis, the highest among peer retail players as consumer sentiments improved with gradual reopening of the economy.…
Tag: alltime
Rupee Today: Rupee hits all-time low, breaks 78/$1 level for the first time
[ad_1] New Delhi: The rupee has come down to the lowest level ever against the rupee. U.S. Dollar A higher-than-expected inflation reading in the world’s largest economy on Monday fueled speculation of an aggressive rate hike by the Federal Reserve, prompting global strength in the greenback. The partially convertible rupee weakened from the 78/$1 mark for the first time and was trading at 78.2130/$1 for the last time. On Friday, the Indian currency closed at 77.8325/$1. Data released after Indian trading hours on Friday showed US consumer price inflation hit…