Rupee slides to new low of 96.53 vs dollar

MUMBAI: The rupee weakened to a record closing low of 96.53 against the dollar on Tuesday, marking its sixth consecutive session of decline, as sustained high crude oil prices and adverse global cues weighed on the currency. The local unit closed 18 paise lower compared to 96.35 in the previous session, after touching an intraday…

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‘Auto demand healthy despite rise in input cost’

NEW DELHI: India’s automotive industry is facing mounting pressure from rising commodity prices and global trade uncertainty, even as long-term demand and the shift towards electric mobility continue to support growth prospects, Assocham president Nirmal Minda said.He told TOI that raw material costs across plastics, aluminium and tungsten had increased sharply, putting pressure on manufacturers…

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If you invest, do it with a fixed limit

You’ll feel the day opening like a clean page. There’s a sense that things can go your way, and people may treat you with extra respect.Mercury supports your reputation, and Jupiter adds social goodwill, so you may receive honour in society or at least a clear sign that your efforts are seen. Still, confusion pops…

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