Rupee remains in undervalued zone

MUMBAI: The rupee, which slipped from 87.85 to 88.72 against dollar between Aug and Oct 2025 and now to 90.20 in Dec, remains fundamentally undervalued even as other emerging market countries register currency gains.The undervaluation reflects the manner in which foreign capital outflows continue to influence the rupee rather than a decline in domestic fundamentals.According […]

Economy

FMCG raw material costs a mixed bag; cereals prices softens but coffee remains firm: Report

Volatility persists in edible oils, the report said Raw materials costs for FMCG companies have been a mixed bag. While cereal-linked agri inputs have witnessed signs of easing, beverage-related inputs such as coffee prices remained firm but tea and cocoa remained subdued, per a report released by Equirius Securities that analysed FMCG raw material costs. […]

‘Growth remains robust’: IMF backs India’s outlook; lauds strong fundamentals & contained inflation

India’s economic outlook remains firmly positive, with the International Monetary Fund (IMF) pointing to strong policy foundations, resilient growth and well-contained inflation in its latest assessment. The Washington-based agency said India’s performance has been underpinned by prudent macroeconomic management and a decade of structural reforms that continue to pay dividends.In a report, the IMF noted […]

Delhi’s Khan Market slips one spot globally but remains India’s costliest high street

Delhi’s Khan Market slipped one spot in global rankings this year, from 23rd to 24th, but retained its position as India’s most expensive high-street retail location, with rents rising 3% year-on-year to around ₹22,000 per sq ft per year ($223 per sq ft), according to Cushman & Wakefield’s flagship retail report, Main Streets Across the […]

US mortgage rates edge up again: 30-year rate climbs to 6.24% in a week from 6.22%; housing affordability remains a key concern

The 30-year US mortgage rate rose slightly for the second consecutive week but stayed close to its lowest level of the year.Freddie Mac, quoted by AP, reported on Thursday that the long-term mortgage rate increased to 6.24 per cent from 6.22 per cent the previous week. A year earlier, the rate stood at 6.78 per […]

The Girlfriend box office collection day 4: Rashmika Mandanna’s film remains steady on Monday, collects above ₹1 crore

₹1 crore”> Updated on: Nov 10, 2025 10:15 pm IST The Girlfriend box office collection day 4: Rashmika Mandanna’s film maintains momentum with the surge of positive word of mouth.  The Girlfriend box office collection day 4: Rashmika Mandanna and Dheekshith Shetty’s much-awaited film, The Girlfriend, finally released in theatres on Friday and opened to […]

Bengaluru real estate: Property owners say e-Khata process remains riddled with delays and paperwork

For many Bengaluru property owners, updating property records to the government’s new e-Khata system has proven to be far more difficult and expensive than initially advertised. In reality, the process involves extensive paperwork, multiple office visits, and, in many cases, hiring an agent who charges a fee based on the office location, locality, and the […]

Economy

Passenger vehicle inventory remains high despite record October sales

The high inventories put the automobile dealers under financial pressure with cash flow challenges.  | Photo Credit: Shanker Chakravarty Despite record sales in October, passenger vehicle inventory held by dealers continues to remain high. According to the Federation of Automobile Dealers Association (FADA), the PV inventory for October eased up to 7 days but continued […]