Mohanlal accepts government invite to Kerala film awards
Thiruvananthapuram, July 25 : Amid a row as various sections of people, including from the film industry, writing to the Kerala government that Mohanlal should not be invited as the Chief Guest to the annual state film awards, an invite was extended to him Wednesday and he has accepted it.
State Culture and Cinemas Minister A.K. Balan, on behalf of the Kerala government, officially extended the invite and that was accepted by the superstar, said sources in the know of the things.
The awards will be given away on August 8 at a function here.
Balan and the state government got into high gear after half a dozen film centric organisations that matter in the Malayalam film industry expressed their ire that the superstar is being drawn into a needless controversy.
Mohanlal, who last month took over as President of film body Association of Malayalam Movie Artistes (AMMA), first came under fire from the Women in Cinema Collective (WCC) for revoking the suspension of accused actor Dileep's membership of the grouping. Dileep is an accused in the 2017 kidnapping of an actress.
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Rupee hits all-time low for second time in a week
Mumbai (PTI): The rupee depreciated 31 paise to settle at 91.99 against the US dollar on Wednesday, touching the lowest closing level for the second time in less than a week, amid increased month-end demand for the greenback.
Forex traders said the rupee opened higher as the US dollar index softened and a long-awaited trade breakthrough with Europe offered quiet reassurance. However, increased month-end demand for the American currency as well as the ongoing geopolitical tensions dented investors' sentiments.
At the interbank foreign exchange, the rupee opened at 91.60 and touched an early high of 91.50, but pared all the gains to touch an intra-day low of 91.99 against the greenback.
The domestic unit settled 31 paise down, revisiting its lowest-ever closing level of 91.99 against the greenback. The Indian currency previously ended at this level on January 23 when it also hit its all-time intraday low of 92 against the US dollar.
On Tuesday, the rupee rebounded from its all-time low levels and gained 22 paise to close at 91.68 against the US dollar.
Analysts said the rupee opened higher as the US dollar index softened and a long-awaited trade breakthrough with Europe bolstered investor sentiment.
India and the European Union on Tuesday announced the conclusion of negotiations for the free trade agreement (FTA), under which a number of domestic sectors such as apparel, chemicals and footwear will get duty-free entry into the 27-nation bloc, while the EU will get access to the Indian market at concessional duty for cars and wines, an official said.
The deal has been dubbed the "mother of all deals" as it will create a market of about 2 billion people.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.07 per cent lower at 96.14.
Brent crude, the global oil benchmark, was trading 0.43 per cent lower at USD 67.28 per barrel in futures trade.
On the domestic equity market front, Sensex jumped 487.20 points to settle at 82,344.68, while Nifty surged 167.35 points to 25,342.75.
Foreign Institutional Investors turned net buyers and purchased equities worth Rs 480.26 crore on Wednesday, according to exchange data.
