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Rupee slumps 42 paise to close at all-time low of 89.95 against U.S. dollar

Image for representational purposes only. | Photo Credit: Reuters The rupee hit the psychological 90-a-dollar level in intraday trade before settling 42 paise down at an all-time low of 89.95 (provisional) against the U.S. dollar on Tuesday (December 2, 2025), largely owing to continued short-covering from speculators and sustained importer demand for the American currency….

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Growth in industrial production slipsto a 14-month low of 0.4% in October

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Growth in industrial activity slowed to a 14-month low of 0.4% in October 2025, pulled down by contractions in the electricity and consumer non-durables sector, as well as relatively slow growth in the manufacturing sector. Data on the Index of Industrial Production (IIP) released…

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Cautious optimism: On India and growth

India’s September-quarter GDP data for the current financial year beat all estimates, coming in at 8.2%, higher than 7.8% in Q1 FY26 and well above the year-ago period. This offers fleeting reassurance to policymakers, days after October’s trade data revealed a historic deficit of $41.68 billion, driven partly by a trebling of bullion imports —…

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Foreign Direct Investments rise 18% to $35.18 billion in April-September; inflows from U.S. double

Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto Foreign Direct Investments (FDI) in India rose 18% to $35.18 billion during April-September of this fiscal year, while the inflow from the U.S. more than doubled to $6.62 billion during the period, according to the latest government data released on Monday (November 1, 2025)….

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