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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