Indian mission sets up camp office in Madina after bus tragedy; Consul General meets lone survivor
Dubai (PTI): The Consulate General of India in Jeddah has set up a camp office in Madina to assist the families of Indians who died in a bus accident involving Haj pilgrims in Saudi Arabia, the mission said on Tuesday.
Forty-four Indian Umrah pilgrims, including 42 from Telangana, were killed in a collision involving their bus and a fuel tanker near Madina in the wee hours of Monday.
The local authorities had confirmed that there is one Indian survivor, and he is undergoing medical treatment.
In a social media post, the Consulate said it has set up the camp office in the Indian Haj Pilgrims Office in Madina to assist the families of Indians who died in the accident.
In a separate post, the mission said Consul General Fahad Ahmed Khan Suri met Abdul Shoeb Mohammed, the lone survivor of the accident, who is currently undergoing treatment at a hospital in Madina.
"Concerned hospital authorities have informed that the best possible medical care is being provided to him. Consulate wishes him a speedy recovery," it said.
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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.
