All about Mohanlal’s Georgekutty return

‘Drishyam 3’ marks the much-awaited return of Mohanlal as Georgekutty which is one of Malayalam cinema’s most iconic characters.Directed by Jeethu Joseph, the suspense thriller is set to release in theatres on May 21.The film continues the gripping story of Georgekutty, whose sharp mind and relentless determination made the first two installments landmark successes. This…

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Rising yields impact states’ borrowing costs

MUMBAI: Six states raised a total of Rs 20,100 crore in the latest state development loan auction conducted by RBI on Tuesday, with weighted average yields ranging between 7.6% and 7.9% across tenures of 6 to 30 years. The results are in line with the rise in yields on central govt bonds where 10-year bond…

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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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Courts not bound by govt’s N-liability cap

NEW DELHI: Supreme Court on Tuesday said courts are not barred from determining govt’s additional liability towards citizens in case of an unforeseen nuclear power plant mishap, notwithstanding the Sustainable Harnessing and Advancing of Nuclear Energy for Transforming India (SHANTI) Act capping operator’s liability at Rs 4,000 crore. The remarks came from a bench of…

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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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