24-year-old man dies after his bike collides with KSRTC bus in Belthangady
Belthangady: A 24-year-old man from Kolar district died on the spot after his motorbike collided with a KSRTC bus at Parpikallu on Sunday morning.
The deceased has been identified as Deepak, son of Panna Keshava Gowda of Dodda Ganahalli in Mulbagal taluk.
Police said Deepak was travelling from Dharmasthala towards Bengaluru when the accident took place. The KSRTC bus involved in the collision was heading towards Dharmasthala.
Belthangady Traffic Police visited the scene and carried out an inspection at the accident site. The body has been shifted to Belthangady Government Hospital for post-mortem.
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Rupee falls 9 paise to all-time low of 90.58 against US dollar in early trade
Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
