Rupee falls 12 paise to hit all-time low of 83.38 against US dollar
Mumbai, Nov 20: The rupee declined by 12 paise to settle at its all-time low of 83.38 against the US dollar on Monday, tracking a negative trend in domestic equities.
Foreign fund outflows also weighed on the local unit, forex traders said.
At the interbank foreign exchange market, the local unit opened at 83.25 and settled at its lifetime low level of 83.38 against the dollar, registering a fall of 12 paise from its previous close.
On Friday, the rupee settled at 83.26 against the American currency. Earlier, the rupee closed at its lowest level of 83.33 against the dollar on November 13, this year.
"The Indian rupee ended weaker on Monday as sustained dollar demand from state-run and foreign banks maintained pressure on the local unit. The rupee finally settled at 83.3400 against the US dollar versus its close at 83.2700 on Thursday.
"The currency had previously closed at this level on November 10, the same day it fell to a record low of 83.42. The rupee ended weak despite a rally in its Asian peers," Sriram Iyer, Senior Research Analyst at Reliance Securities, said.
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.42 per cent lower at 103.48.
"Most Asian currencies strengthened, with the offshore Chinese yuan up over 0.6 per cent and leading the gains as the dollar weakened further this Monday's session. Additionally, the rupee has also struggled as dollar demand has persisted amid a lack of inflows," Iyer said.
In the overseas markets, the US Dollar Index was trading marginally weaker against the basket of currencies this Monday afternoon in Asian trading as traders awaited FOMC minutes this week, which could indicate when the Fed could start cutting rates.
Brent crude futures, the global oil benchmark, rose 0.66 per cent to USD 81.14 per barrel.
On the domestic equity market front, Sensex fell 139.58 points or 0.21 per cent to settle at 65,655.15 points. The Nifty declined 37.80 points or 0.19 per cent to 19,694.00 points.
Foreign institutional investors (FIIs) were net sellers in the capital markets on Monday as they sold shares worth Rs 645.72 crore, according to exchange data.
Meanwhile, India's forex kitty decreased by USD 462 million to USD 590.321 billion for the week ended November 10, the Reserve Bank said on Friday.
In the previous week, the overall reserves had increased by USD 4.672 billion to USD 590.783 billion.
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Bengaluru airport introduces AI-based system to enhance safety at vehicle-aircraft intersections
Bengaluru: Bangalore International Airport Limited (BIAL) has introduced an integrated smart airside safety system at Kempegowda International Airport to improve operational safety at key intersection zones.
According to The Hindu, the system has been designed to enhance safety at Cross Service Roads (CSRs), where aircraft and ground vehicle movements intersect.
According to BIAL, the system integrates AI-based computer vision, automation, and centralised monitoring to manage right-of-way movements and reduce the risk of human error.
“CRSs are among the most sensitive areas within airport operations, requiring precise and seamless coordination between aircraft and ground vehicles. Traditionally, right of way protection at these intersections relied on manual or semi-manual inset light activation, creating dependencies on human intervention, increasing the risk of delays and limiting operational visibility,” TH quoted BIAL as saying.
The new system uses real-time detection of vehicle movement, risk assessment, and automated signalling. AI-enabled cameras identify potential conflicts and trigger automated inset light signals to ensure aircraft priority. Normal operations resume once the area is confirmed clear.
“Based on these detections, the system triggers automated inset light activation to protect aircraft right‑of‑way and restores normal signalling once the intersection is confirmed clear. A centralised monitoring and analytics platform digitally logs all events, strengthening governance, compliance, and operational control,” BIAL said.
By embedding technology into operations, the system creates a data-driven separation layer between aircraft and ground vehicles, significantly reducing human error, especially during night and low-visibility conditions.
“Precision-led signal activation improves traffic flow, minimises unnecessary stoppage and enhances turnaround efficiency. It also establishes a scalable foundation for predictive safety analytics, enabling trend analysis, peak-hour optimisation, compliance mapping and risk forecasting to support continuous improvement and stronger airside governance,” BIAL said.
